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Sold on 19 Oct 2024 for $840,000

18/1141 South Pine Road
Arana Hills QLD 4054

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 145m2
Land area: 198m2
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Property Details for 18/1141 South Pine Rd, Arana Hills

18/1141 South Pine Rd, Arana Hills is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 198m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Arana Hills in the last 12 months.

Building Type
Townhouse
Floor Size
145m2
Land Size
198m2
Local Government
Moreton Bay
Lot/Plan
18/SP312864

Last Listing description (October 2024)

Invest in a property that offers both immediate returns and long-term potential. This contemporary three-bedroom residence is not just a home; it's a high-performing asset currently yielding approximately 5%, with reliable tenants secured on a lease until June 2025.

Designed for modern living, this property features an open-plan layout that seamlessly integrates the kitchen, dining, and living areas—perfect for today’s renters who value both style and functionality. The kitchen is equipped with top-tier Bosch appliances, expansive stone benchtops, and ample storage, ensuring it meets the demands of quality tenants.

The master suite, complete with a luxurious ensuite and private balcony, enhances tenant appeal, while built-in wardrobes, ceiling fans, and ducted air conditioning in every bedroom ensure comfort and satisfaction. The property’s layout also includes a second upstairs living area and study nooks in both upstairs bedrooms, catering to families and professionals alike.

Outdoor spaces are equally impressive, with balconies on all three levels and an alfresco entertaining area overlooking a peaceful, leafy setting. A fully fenced backyard adds to the property's appeal for families with children or pets.

Additional features include a lock-up garage, an allocated car space, and the consideration of pets upon application—further widening your tenant pool.

With its strong rental yield, quality tenants, and appealing features, this property is a smart addition to any investment portfolio. Act quickly to secure this opportunity and benefit from the ongoing rental income and capital growth potential.

For more information, contact us today and make a strategic move for your investment future.

Key Investment Features:
Current Yield: Approximately 5%
Lease: Tenanted until June 2025
Three bedrooms, including a master suite with ensuite and private balcony
Open-plan living, dining, and kitchen area with high-end Bosch appliances
Additional upstairs living area and study nooks in both bedrooms
Balconies on all three levels and a fenced alfresco entertaining area
Lock-up garage plus an allocated car space
Pets considered upon application

Disclaimer: Smyth Real Estate has made every effort to ensure the accuracy of these particulars. No warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspecting the property or through other means.

Property History for 18/1141 South Pine Rd, Arana Hills, QLD 4054

A timeline of how this property has performed in the market
Last Sold
$840,000
19 Oct 2024
Listed for Rent
$700/w
17 May 2023
  • 19 Oct 2024
    Sold for $840,000
  • 28 Aug 2024
    Listed for Sale Offers Over $830k
  • 29 Apr 2024
    Listed for Rent $800 / week
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About Arana Hills 4054

The size of Arana Hills is approximately 3.7 square kilometres. It has 31 parks covering nearly 20.8% of total area. The population of Arana Hills in 2011 was 6,311 people. By 2016 the population was 6,804 showing a population growth of 7.8% in the area during that time. The predominant age group in Arana Hills is 40-49 years. Households in Arana Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arana Hills work in a professional occupation. In 2011, 78.9% of the homes in Arana Hills were owner-occupied compared with 78.9% in 2016.

Arana Hills has 3,048 properties. Over the last 5 years, Houses in Arana Hills have seen a 83.86% increase in median value, while Units have seen a 107.62% increase. As at 31 October 2024:

  • The median value for Houses in Arana Hills is $1,036,576 while the median value for Units is $797,924.
  • Houses have a median rent of $693 while Units have a median rent of $590.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Arana hills on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Arana hills.

Suburb Insights for Arana Hills 4054

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Edward Smyth
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.