OFF MARKET

4/17 Magdala Street
Ascot QLD 4007

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 113m2
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Property Details for 4/17 Magdala St, Ascot

4/17 Magdala St, Ascot is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 113m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1980
Floor Size
71m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
4/SP152974

Last Listing description (March 2023)

The highest sale in Magdala Street last year was $3,057,000 - a truly amazing property - now I mention this because thats the type of caliber of property you will find in this beautiful street.

As you read this there is an opportunity at hand to purchase a property in Magdala Street, an opportunity that will certainly not last long! Apartment 4 at 17 Magdala Street is now available for sale, after the better part of 11 years being tightly held.

Apartment 4 has a North/South layout, is light filled and enjoys lovely breezes, but more importantly has amazing views of the Brisbane CBD. This two bedroom apartment boasts a large living area, it's been looked after, and now ready for a new owner.

Benefits of owning this property:

* Walking distance to Racecourse Road precinct
* Transportation all around you
* Lots of cafes, shops, and restaurants close by
* Racecourse Village only minutes away (Queensland's Newest Woolworths 2.0 & other shops)
* 10 minutes from Brisbane Airport
* 7km from Brisbane CBD

Attributes of this apartment:

* A spacious apartment - a total of 113sqm
* The apartment has a North/South layout - views of Brisbane CBD & Hamilton Harbour from balcony
* Above average sized living area - large functional kitchen - South facing balcony
* Master is over-sized with the second still very spacious
* Bathroom has adequate storage under vanity - includes large shower & separate toilet
* Remote controlled garage door - large secure space with internal laundry

Contact Oliver today to organise an inspection.

**Disclaimer:** Whilst every effort has been made 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 these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 4/17 Magdala St, Ascot, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Feb 2023
Listed for Rent
$340/w
01 Aug 2017
  • 25 Feb 2023
    Sold for $500,000
  • 16 Feb 2023
    Listed for Sale UNDER CONTRACT
  • 10 Jul 2017
    Listed for Rent - Price not available
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About Ascot 4007

The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of total area. The population of Ascot in 2011 was 5,730 people. By 2016 the population was 5,760 showing a population growth of 0.5% in the area during that time. The predominant age group in Ascot is 40-49 years. Households in Ascot are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation. In 2011, 54.7% of the homes in Ascot were owner-occupied compared with 54.7% in 2016.

Ascot has 3,545 properties. Over the last 5 years, Houses in Ascot have seen a 66.22% increase in median value, while Units have seen a 57.26% increase. As at 31 August 2024:

  • The median value for Houses in Ascot is $2,312,161 while the median value for Units is $717,489.
  • Houses have a median rent of $1,120 while Units have a median rent of $560.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Ascot on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Ascot.

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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.