OFF MARKET

18 Purchase Street
Banyo QLD 4014

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 810m2
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Property Details for 18 Purchase St, Banyo

18 Purchase St, Banyo is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 810m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
2017
Floor Size
142m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
9/RP34630

Last Listing description (December 2016)

ON SITE AUCTION!
Subject to Council approvals you could demolish and build your dream home, keep as a rental asset, develop the block that incorporates two sought after subdivisions or renovate and take advantage of the large 810 sq. m lot by adding extra living areas, the choice could be yours.
This basic 1950's built, weatherboard home does require some work, however if you are up for a challenge it includes three bedrooms, eat-in kitchen and lounge with the laundry (including the toilet) downstairs at the back. There is a detached, double lock-up garage. The property is located close to the local specialty shopping precinct on Tufnell and St. Vincent's Roads. Schools including St. Josephs Nudgee, Virginia and Boondall State Schools, St. Kevin's Catholic Primary School and Aspley State high School are a short drive away as is the Australian Catholic University and the Brisbane Airport. Other local amenities include the Nudgee Golf Course, and Virginia Golf Club.

Being approximately 12 kilometres from the city the commute to the C.B.D. is short with buses available on St. Vincent's Road and the Banyo train station a short walk away. The options are there with this property. Do your sums as this prospect in Banyo could prove to be the right 'Purchase'.
Area: 810 sq.m
Zoning: Low Density Residential Zone
RPD: Lots 9 & 10 on RP 34630
Terms: 5% deposit. Balance 42 Days cash, unconditional settlement

Property History for 18 Purchase St, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$674,500
17 Dec 2016
  • 17 Dec 2016
    Sold for $674,500
  • 11 Nov 2016
    Listed for Sale Auction

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About Banyo 4014

The size of Banyo is approximately 5 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Banyo in 2011 was 5,607 people. By 2016 the population was 5,864 showing a population growth of 4.6% in the area during that time. The predominant age group in Banyo is 30-39 years. Households in Banyo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banyo work in a professional occupation. In 2011, 67.9% of the homes in Banyo were owner-occupied compared with 67% in 2016.

Banyo has 2,967 properties. Over the last 5 years, Houses in Banyo have seen a 98.27% increase in median value, while Units have seen a 53.63% increase. As at 31 August 2024:

  • The median value for Houses in Banyo is $1,046,308 while the median value for Units is $558,408.
  • Houses have a median rent of $640 while Units have a median rent of $413.
There are currently 20 properties listed for sale, and 26 properties listed for rent in Banyo on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Banyo.

Suburb Insights for Banyo 4014

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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.