SOLD
Sold on 15 Jul 2024 for $650,000

3 Herberton Road
Atherton QLD 4883

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 870m2
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Property Details for 3 Herberton Rd, Atherton

Building Type
Commercial
Land Size
870m2
Local Government
Tablelands Regional
Lot/Plan
182/NR2905

Last Listing description (October 2024)

New to the market is this Investment opportunity with a long term existing quality tenant already in place. The property is located on 870 sqr mtrs and has a solid masonry block building that is approximately 400 sqr mtrs. Situated across the road from the Atherton Post Office, the site has great street exposure and boasts rear off street parking and access.

This is an ideal purchase for the commercial investor.

Property Code: 405

Property History for 3 Herberton Rd, Atherton, QLD 4883

A timeline of how this property has performed in the market
Last Sold
$650,000
15 Jul 2024
  • 16 Oct 2024
    Listed for Sale $650,000
  • 15 Jul 2024
    Sold for $650,000
  • 22 Feb 1985
    Sold for $190,000

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About Atherton 4883

The size of Atherton is approximately 94.1 square kilometres. It has 33 parks covering nearly 9.3% of total area. The population of Atherton in 2011 was 7,286 people. By 2016 the population was 7,337 showing a population growth of 0.7% in the area during that time. The predominant age group in Atherton is 60-69 years. Households in Atherton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Atherton work in a professional occupation. In 2011, 56.7% of the homes in Atherton were owner-occupied compared with 56.8% in 2016.

Atherton has 4,575 properties. Over the last 5 years, Houses in Atherton have seen a 68.35% increase in median value, while Units have seen a 50.69% increase. As at 31 October 2024:

  • The median value for Houses in Atherton is $482,923 while the median value for Units is $326,518.
  • Houses have a median rent of $475 while Units have a median rent of $340.
There are currently 112 properties listed for sale, and 6 properties listed for rent in Atherton on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Atherton.

Suburb Insights for Atherton 4883

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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.