OFF MARKET

382 Tufnell Road
Banyo QLD 4014

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1214m2
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Property Details for 382 Tufnell Rd, Banyo

382 Tufnell Rd, Banyo is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1214m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
1214m2
Local Government
Brisbane
Lot/Plan
1/SP310025

Last Listing description (November 2021)

+ Brand new 15 year net lease to Journey Early Learning to 2036
+ Two further 10 year options to 2056
+ Journey Early Learning: one of Australia's leading early education providers, with a network of 37 centres across the eastern seaboard

+ Attractive 3% annual rent increases
+ Tenant pays 100% of outgoings, including land tax
+ As new 365sqm child care facility with service approval for 61 LDC places
+ Large 1,214 sqm landholding with 13 on-site car spaces
+ Significant depreciation benefits
+ Strategic location only 400m from Earnshaw College (P-12) and 850m from the Woolworths-anchored Banyo Retail Centre
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $218,358 pa + GST

For Sale by Investment Portfolio Auction
11:00am (Brisbane Time) Wednesday 10 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

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Property History for 382 Tufnell Rd, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$4,660,000
11 Nov 2021
  • 11 Nov 2021
    Sold for $4,660,000
  • 08 Oct 2021
    Listed for Sale Price on Request

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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 2,953 properties. Over the last 5 years, Houses in Banyo have seen a 98.87% increase in median value, while Units have seen a 63.67% increase. As at 31 October 2024:

  • The median value for Houses in Banyo is $1,066,105 while the median value for Units is $569,933.
  • Houses have a median rent of $650 while Units have a median rent of $435.
There are currently 25 properties listed for sale, and 21 properties listed for rent in Banyo on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Banyo.

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