OFF MARKET

12/56 Biggs Avenue
Beachmere QLD 4510

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 55m2
Land area: 53m2
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Property Details for 12/56 Biggs Ave, Beachmere

12/56 Biggs Ave, Beachmere is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 53m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
2000
Floor Size
55m2
Land Size
53m2
Local Government
Moreton Bay
Lot/Plan
12/SP139109

Last Listing description (June 2017)

Bayside facing unit in Over 50's complex.
This 1 bedroom unit has specifically been designed for elderly tenants to enjoy the best years of their life. Clubhouse facilities, meal and linen service available.
This unit has a kitchenette but most tenants will eat at the clubhouse dining room. Onsite manager ensures your investment is well maintained.

Rental of $485 per fortnight is much higher than a standard unit. Tenants tend to stay for many years which makes these investment units more secure, low risk. This tenant has a long lease to Sept 2017.
Body corp fees $4,164 per year, council rates $2,400 per year (approx) leaves a nett return approx 5-6% on your investment.
Why not inspect this investment unit soon? (24 hours notice required)
UNDER CONTRACT

Property History for 12/56 Biggs Ave, Beachmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$80,000
24 Apr 2017
Listed for Rent
$225/w
25 Mar 2010
  • 24 Apr 2017
    Sold for $80,000
  • 14 Sep 2016
    Listed for Sale 85000.00 (under offer)
  • 10 Mar 2010
    Listed for Rent - Price not available
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About Beachmere 4510

The size of Beachmere is approximately 30.2 square kilometres. It has 13 parks covering nearly 3.6% of total area. The population of Beachmere in 2011 was 3,887 people. By 2016 the population was 4,123 showing a population growth of 6.1% in the area during that time. The predominant age group in Beachmere is 60-69 years. Households in Beachmere are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beachmere work in a trades occupation. In 2011, 61.5% of the homes in Beachmere were owner-occupied compared with 61.6% in 2016.

Beachmere has 2,020 properties. Over the last 5 years, Houses in Beachmere have seen a 91.09% increase in median value, while Units have seen a 329.62% increase. As at 31 August 2024:

  • The median value for Houses in Beachmere is $719,536 while the median value for Units is $625,982.
  • Houses have a median rent of $575 while Units have a median rent of $275.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Beachmere on OnTheHouse. According to CoreLogic's data, 110 properties were sold in the past 12 months in Beachmere.

Suburb Insights for Beachmere 4510

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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.