OFF MARKET

35 Paddington Street
Bellmere QLD 4510

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 149m2
Land area: 429m2
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Property Details for 35 Paddington St, Bellmere

35 Paddington St, Bellmere is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 429m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
2019
Floor Size
149m2
Land Size
429m2
Local Government
Moreton Bay
Lot/Plan
4/SP299463

Last Listing description (July 2023)

Situated in a modern pocket of Bellmere, this 4 year old dual lock investment property is currently achieving 5.2% gross yield, with the potential of increasing later in the year. The properties are in great condition and make an ideal investment opportunity.

Built 2019, low set brick & tile

Total rent currently $720 / week (potential when leases due $830 / week)
Council rates approx. $900/quarter
Currently resulting in 5.2% gross rental yield currently, then potential 6% gross rental yield later in the year.
Minutes to train station (4.2 km to Caboolture Station, 4 km to Morayfield Station)
Within 4km to a wide choice of nearby shopping, cafes, entertainment
750 meters to Bellview Park (Children's play area and BBQ)
Walkway access to riverside parklands
Peaceful parkside living
Good access to Bruce Hwy for travel to Brisbane and Sunshine Coast
Unit 1:
3 bedrooms, 2 bathrooms, 1 car garage
Currently leased for $380/week, lease renewal due 8/6/23 (rental appraisal $460/week)
Unit 2:
2 bed, 1 bath, 1 car garage
Currently leased for $340/week, lease renewal due 22/9/23 (rental appraisal $370/week)

Inspect as advertised. Contact Deanna to secure this attractive investment opportunity.

Property History for 35 Paddington St, Bellmere, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$680,000
01 Jun 2023
  • 01 Jun 2023
    Sold for $680,000
  • 16 May 2023
    Listed for Sale Under contract
  • 15 Mar 2019
    Sold for $185,000

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About Bellmere 4510

The size of Bellmere is approximately 23.7 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Bellmere in 2011 was 5,540 people. By 2016 the population was 5,863 showing a population growth of 5.8% in the area during that time. The predominant age group in Bellmere is 0-9 years. Households in Bellmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellmere work in a labourer occupation. In 2011, 56% of the homes in Bellmere were owner-occupied compared with 55.5% in 2016.

Bellmere has 2,572 properties. Over the last 5 years, Houses in Bellmere have seen a 107.27% increase in median value, while Units have seen a 85.10% increase. As at 31 October 2024:

  • The median value for Houses in Bellmere is $741,889 while the median value for Units is $501,010.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Bellmere on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Bellmere.

Suburb Insights for Bellmere 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.