OFF MARKET

50 Meredith Street
Banyo QLD 4014

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 135m2
Land area: 539m2
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Property Details for 50 Meredith St, Banyo

50 Meredith St, Banyo is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 539m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1970
Floor Size
135m2
Land Size
539m2
Local Government
Brisbane
Lot/Plan
2/RP67293

Last Listing description (February 2022)

Looking to buy into one of Brisbane's most popular up and coming areas? Wanting to find that property that has potential? Then this could be your New Home!

Get excited about planning and building your dream home as this is a rare opportunity to transform this already beautiful post-war cottage into an idyllic family home.

The block offers a large yard that is a blank canvas ideal for additional outdoor decking, pool or gardens. Let your imagination go wild with this one.

This property is perfectly located and walking distance to all the amenities that the suburb of Banyo has to offer including local restaurants, cafes, shops, schools and public transport. Jump in your car and within minutes you'll find yourself at major shopping centres, the airport or heading north or south along the gateway.

It is ALL about the location, and the generous size block of 539m2 will ensure this property is well sought after in today's market. Make no mistake, this property will be popular with first home buyers, builders and investors. Now is the time to inspect and to make an offer.

Property features:
Original timber floors
3 good sized bedrooms all with air conditioning, blinds and builtin robes
Oversized laundry
Spacious bathroom with a shower and vanity
Renovated open plan kitchen with ample storage, a stainless steel dishwasher, gas stove cooktop and dual sink
Spacious living room with air conditioning
Side access
2 car garage
Storage room
Near new roof and electricals
Endless restoration possibilities
539m2 - land size
NBN ready

Property History for 50 Meredith St, Banyo, QLD 4014

A timeline of how this property has performed in the market
Last Sold
$890,000
06 Jan 2022
  • 06 Jan 2022
    Sold for $890,000
  • 17 Dec 2021
    Listed for Sale Under Contract
  • 07 Mar 2020
    Listed for Rent - Price not available
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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 2,952 properties. Over the last 5 years, Houses in Banyo have seen a 94.69% increase in median value, while Units have seen a 56.55% increase. As at 30 September 2024:

  • The median value for Houses in Banyo is $1,059,766 while the median value for Units is $566,481.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 27 properties listed for sale, and 22 properties listed for rent in Banyo on OnTheHouse. According to CoreLogic's data, 120 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.