55A Elliott RoadBanyo QLD 4014
Property Details for 55a Elliott Rd, Banyo
Last Listing description (June 2023)
This is a rare opportunity to secure a level 407sqm vacant block in the highly sought after suburb of Banyo. Being surrounded by many quality new homes in a family friendly neighbourhood, this location will continue to deliver for years to come. From this sleepy street it's only a short walk to the town centre, train station, award winning cafes, Virginia golf club, Padua sports grounds and the local brewery. This is an incredible opportunity to build the dream home that you never want to leave. If for some reason you do, the bay, the airport and all the amenities you need are on your doorstep.
Banyo was a hidden gem, now the secret is well and truly out. Build once and stay forever.
Specific features;
- Water & Sewerage connected
- Approx. 10m frontage x 40.5m depth
Located within the Earnshaw State College catchment with an abundance of public transport nearby you will love the ease of settling into the neighbourhood. In a suburb with proven growth, that is on track to only heighten, this fantastic block is one not to be missed.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 55a Elliott Rd, Banyo, QLD 4014
- 21 Dec 2023Sold for $1,290,000
- 30 May 2022Listed for Sale $615,000
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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 2,954 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.
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