OFF MARKET

5 Park Street
Banyo QLD 4014

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 402m2
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Property Details for 5 Park St, Banyo

5 Park St, Banyo is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 402m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
2005
Floor Size
127m2
Land Size
402m2
Local Government
Brisbane
Lot/Plan
2/SP129391

Last Listing description (May 2022)

In this rapidly changing suburb of Brisbane, gentrification is in abundance demonstrating the value of the area being located just 13 km away from the city, this property is truly a hidden gem waiting to be realised. Reaping the benefits of this property is only a matter of time, whether you hold on to this lovely lowset brick home and update it to your liking or build a new one after a few years, there is huge potential that is waiting to be unlocked.

Situated in the one of the fastest growing suburbs within the northside of Brisbane, this location is the centre of all, with convenience, connectivity, amenities and options for leisure and exercise all at your doorstep. The property is a short walk to the Banyo Village, schools, medical clinics, cafes, council library, eateries, bushland, bike paths and Virginia Golf Course.

The home itself has a well thought of layout that separates the bedrooms from the living areas as well as allowing an abundance of natural light through each area of the home.

Features:

- Large open plan living and dining with an efficient design. Dining conveniently placed by the kitchen with easy access to the outdoor patio and backyard.
- Beautiful cross ventilation between the dining slider and the large living windows.
- Carpeted living area with ceiling fans, split A/C and security screens.
- 3 bedrooms all with built in robes, ceiling fans, carpet, security screens and good size windows
- Bathroom with bath and plenty of storage and screens
- A separate toilet room
- A laundry with linen and easy access to outdoor drying
- Single lock up garage with access
- A unique wraparound generously sized yard ideal for your kids and pets
- A wide front patio that opens onto a spacious yard
- Fully fenced front yard
- NBN Connected
- Backyard with covered patio ideal for entertainment and a storage shed

Location attributes:

- The Toombul Shopping Centre, Chermside Westfield and the DFO are all within 10 minutes
- A short drive to the Airport Link and Clem 7 tunnels taking you around the northern suburbs and into the city with ease.
- Close to the Southern Cross Way, East West Arterial Road and the Airport Drive with easy access to North and South coasts as well as the airport
- Banyo Train station which is going to be undergoing a major infrastructure upgrade as part of the Cross River Rail project only 5 minutes walking distance away
- Close to Earnshaw State College, St Joseph's Nudgee College and St Prius Primary Schools

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Property History for 5 Park St, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$760,000
18 May 2022
Listed for Rent
$390/w
27 Apr 2018
  • 18 May 2022
    Sold for $760,000
  • 31 Mar 2022
    Listed for Sale Offers Over $759,000
  • 18 Apr 2018
    Listed for Rent $390 / week
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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.

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