4 Melastoma WayArundel QLD 4214
Property Details for 4 Melastoma Way, Arundel
4 Melastoma Way, Arundel is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 318m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (March 2023)
Price adjusted. Seller has listened to the buyer feedback. Great buying NOW.
4 Bedrooms, 2 Bathrooms + DLUG. The internal floor plan includes 2 Separate Living areas.
This freestanding low set dwelling is private & sits on a compact low maintenance block of land. ( approx 400m). The Bedrooms are spacious with the Main Bedroom having an Ensuite.
Externally, there is a double lockup garage with remote & internal access.The property is fully fenced & private.
Body Corporate Fees are low at approx $68.63 p/w. With an excellent Onsite Manager, Pool & Recreation Club Facilities.
The location is sensational. Conveniently located near AB Paterson Private School, Harbourtown, Train Station, GC University & Hospital.
Currently tenanted at $600p/w until 28th February 2023.The current market rental has been appraised at approx $650 to $670p/w with plenty of demand for such homes.
This property has been a long term rental, so some refurbishments would greatly enhance the dwelling's capital value & or increase it's rental return. Primarily, these homes are an easy, no fuss investment. However, it should also appeal to owner occupier's with an inclination to renovate.
For further information please contact Richard on 0423588890
Property History for 4 Melastoma Way, Arundel, QLD 4214
- 10 Dec 2022Sold for $650,000
- 02 Nov 2022Listed for Sale $665,000
- 14 May 2003Sold for $236,000
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0About Arundel 4214
The size of Arundel is approximately 10.3 square kilometres. It has 22 parks covering nearly 29.9% of total area. The population of Arundel in 2011 was 9,573 people. By 2016 the population was 10,242 showing a population growth of 7.0% in the area during that time. The predominant age group in Arundel is 50-59 years. Households in Arundel are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Arundel work in a professional occupation. In 2011, 64.2% of the homes in Arundel were owner-occupied compared with 65.9% in 2016.
Arundel has 5,215 properties. Over the last 5 years, Houses in Arundel have seen a 98.03% increase in median value, while Units have seen a 121.48% increase. As at 31 October 2024:
- The median value for Houses in Arundel is $1,139,909 while the median value for Units is $765,202.
- Houses have a median rent of $830 while Units have a median rent of $695.
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