OFF MARKET

24/56 Biggs Avenue
Beachmere QLD 4510

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 38m2
Land area: 63m2
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Property Details for 24/56 Biggs Ave, Beachmere

24/56 Biggs Ave, Beachmere is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 63m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in October 2011.

Building Type
Unit
Year Built
2002
Floor Size
38m2
Land Size
63m2
Local Government
Moreton Bay
Lot/Plan
24/SP139109

Last Listing description (November 2011)

INVESTOR ONLY LONG TERM LEASE
RENTAL RETURN IS $240 PER WEEK PER UNIT PENSION CONTROLLED SO INCREASES EACH YEAR WITH PENSION INCREASES, LONG TERM LEASES MINIMUM 12 MONTHS. NICE & NEAT 1 BEDROOM WITH LARGE ENSUITE SUITABLE FOR THE ELDERLY. PRIVATE LOUNGE, KITCHEN & DINING AND A NICE SUNNY LITTLE PORCH AREA JUST PERFECT FOR THOSE LAZY MORNINGS. WALKING DISTANCE TO ALL SHOPS, TAVERNS, BEACH AND PARKS. SO MUCH SO CLOSE. FRESH AIR AND FRIENDLY FACES. RENTAL RETURN APPROX $12,480.00 PER YEAR BODY CORP & SINKING FUND APPROX $3000.00 PER YEAR RATES APPROX $1800.00 RENTAL MANAGEMENT AT 14% ON SITE MANAGERS $1747.20 PER YEAR RETURN IF CASH BUY APPROX NETT RETURN IS $5932.80 WHICH IS A 5.2% RETURN ON YOUR CASH; PROPERTY IS ALWAYS A SAFE INVESTMENT. THESE UNITS ARE LOW MAINTENANCE & WELL MANAGED THEY ORIGINALLY SOLD FOR $160K-$180K SO THESE ARE A STEAL AT THIS PRICE! THESE FIGURES ARE APPROXIMATE AND ARE SUBJECT TO CHANGE AT ANY TIME THESE FIGURES DO NOT INCLUDED MORTGAGE FEES AND SET UP COSTS OR INTEREST. *A SUSTAINABILITY DECLARATION IS AVAILABLE FOR YOU - DIRECT FROM OUR REMAX OFFICE*

Property History for 24/56 Biggs Ave, Beachmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$92,000
09 Oct 2011
  • 09 Oct 2011
    Sold for $92,000
  • 02 Aug 2011
    Listed for Sale PRICED FROM $99,000
  • 29 Sep 2010
    Sold for $99,000
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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 2,027 properties. Over the last 5 years, Houses in Beachmere have seen a 80.17% increase in median value, while Units have seen a -0.97% decrease. As at 31 October 2024:

  • The median value for Houses in Beachmere is $724,752 while the median value for Units is $276,804.
  • Houses have a median rent of $575 while Units have a median rent of $275.
There are currently 28 properties listed for sale, and 8 properties listed for rent in Beachmere on OnTheHouse. According to CoreLogic's data, 113 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.