52 Victor StreetBanyo QLD 4014
Property Details for 52 Victor St, Banyo
52 Victor St, Banyo is a 6 bedroom, 3 bathroom Unit with 6 parking spaces. The property has a land size of 810m2.
Last Listing description (May 2022)
AUMR Property Group are proud to present this rarely available opportunity in Central Banyo offering solid holding income along with future development potential on a prized 810m2 (2 lots) of prime land.
Victor Street is quietly tucked in between Tufnell and St Vincents Roads and is 200m stroll to all that Banyo Central offers. This location underpins its value now and is assured of future capital growth.
All 3 flats are well maintained and have been updated and are rarely if ever vacant. Current rental returns are $43,940 pa
There are so many options here
- Buy and hold and enjoy ongoing income with future assured capital appreciation
- Redevelop this level premiere site and take advantage of the strong residential market (STCA)
The long standing owners of this property are committed to a sale so we encourage your interest . Email for an information kit.
Phone Kate Peereboom on 0417 79 566 to arrange your viewing today .
Property History for 52 Victor St, Banyo, QLD 4014
- 24 Feb 2022Listed for Sale Offers Invited
- 22 Nov 2019Listed for Rent - Price not available
- 26 Jan 2011Listed 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 2,968 properties. Over the last 5 years, Houses in Banyo have seen a 95.68% increase in median value, while Units have seen a 39.97% increase. As at 31 July 2024:
- The median value for Houses in Banyo is $1,040,781 while the median value for Units is $530,083.
- Houses have a median rent of $650 while Units have a median rent of $410.
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