OFF MARKET

6 Folkes Close
Bellbird Park QLD 4300

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 95m2
Land area: 400m2
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Property Details for 6 Folkes Cl, Bellbird Park

6 Folkes Cl, Bellbird Park is a 3 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2017. The property has a land size of 400m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2017
Floor Size
95m2
Land Size
400m2
Local Government
Ipswich
Lot/Plan
22/SP284952

Last Listing description (July 2023)

Located in a quiet cul-de-sac in Bellbird Park, this dual-living property would tick the boxes for many, here are a few scenarios we thought of straight away.

1. For The savvy investor who is looking for a great ROI, with minimal outgoings, this property has a current rental income of $635p/w. A future rental income of $710pw.
2. The extended family, two homes right next to two each other, you won't have to live in each other's hair in this setup.

3. The owner-occupier lives in one and rents the other out, now that's a smart way to have additional income.

This property is set up on one title, which means only one set of rates, but two incomes.

Unit 1 is a 3 Bedroom, 2 Bathroom, and Unit 2 is 1 Bedroom, 1 Bathroom. Both units have a single remote car garage including laundry, plus additional parking to the driveway that would easily fit another 2 cars. Each unit has air conditioning to the living and master bedroom, modern kitchens with stone benchtops and dishwashers, security screens, ceiling fans, and undercover private entertainment areas.

Great tenants in place who would like to stay long-term.
- Unit 1 Lease expiry 16.11.23 $325p/w - Increase to $400pw in November
- Unit 2 Lease Expiry 29.2.24 $310p/w

Property Details
- Council Rates $952.85 Per Quarter
- Water Rates for the last quarter were $293.86
- Property Built-in 2017 by GJ Gardiner

Property History for 6 Folkes Cl, Bellbird Park, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$640,000
26 Jun 2023
Listed for Rent
$300/w
07 Dec 2016
  • 26 Jun 2023
    Sold for $640,000
  • 20 Jun 2023
    Listed for Sale Under Contract By The MORRIS Team
  • 06 Dec 2016
    Listed for Rent - Price not available
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About Bellbird Park 4300

The size of Bellbird Park is approximately 6.5 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Bellbird Park in 2011 was 5,029 people. By 2016 the population was 6,728 showing a population growth of 33.8% in the area during that time. The predominant age group in Bellbird Park is 0-9 years. Households in Bellbird Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellbird Park work in a trades occupation. In 2011, 64.6% of the homes in Bellbird Park were owner-occupied compared with 57.4% in 2016.

Bellbird Park has 4,203 properties. Over the last 5 years, Houses in Bellbird Park have seen a 94.12% increase in median value, while Units have seen a 115.50% increase. As at 31 October 2024:

  • The median value for Houses in Bellbird Park is $752,156 while the median value for Units is $447,216.
  • Houses have a median rent of $580 while Units have a median rent of $380.
There are currently 33 properties listed for sale, and 13 properties listed for rent in Bellbird park on OnTheHouse. According to CoreLogic's data, 284 properties were sold in the past 12 months in Bellbird park.

Suburb Insights for Bellbird Park 4300

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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.