OFF MARKET

7B Michelle Street
Bellmere QLD 4510

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 508m2
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Last updated 14 Oct 2024
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Property Details for 7b Michelle St, Bellmere

7b Michelle St, Bellmere is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 508m2 and floor size of 150m2.

Building Type
House
Floor Size
150m2
Land Size
508m2
Local Government
Moreton Bay

Last Listing description (February 2020)

Whether you’re a savvy investor looking to add to your portfolio, or perhaps you’re thinking about getting into the market for the first time – Very affordable with a strong rental return, Next to no maintenance & a long term tenant... What more could you ask for in an investment?! Property features include;> 4 Bedrooms, all with built in robes and ceiling fans> Master bedroom features an ensuite and walk in robe> Open plan lounge/ dining room with split system air conditioning> Modern kitchen has electrical appliances & a dishwasher, overlooks the lounge & dining, > Tiled throughout living areas, carpet in all bedrooms, modern downlights throughout> Separate laundry & separate toilet> Double remote lock up garage with internal access into the homeCurrently the property is leased until early May, 2019 with a weekly rental income of $340.00 per week equaling a 5.89% gross return at this asking price. You can see when viewing the property, the current tenant has a real sense of pride in her home which would be an asset to another investor. The rear covered patio area is very private and provides the perfect place to sit and listen to the bird life that occupies the nature reserve that this property backs onto. The rear yard is fully fenced and ideal for a small pet. Superb central location in Bellmere that’s well sought after. Within walking distance to the Bellmere swimming pool, Bellmere friendly grocer & butcher. A further 5 minutes drive and you can access both Caboolture & Morayfield’s train stations as well as all of the amenities Caboolture & Morayfield have to offer. Be sure to register your interest with Scott or Jarrod today as this property is priced to sell, and sell it will. Please be aware that 24 hours notice is required before arranging a viewing.

Property History for 7b Michelle St, Bellmere, QLD 4510

A timeline of how this property has performed in the market
  • 03 Feb 2020
    Listed for Sale Best Offer Over $299,000
  • 15 Jan 2019
    Listed for Sale Not Disclosed
  • 01 Sep 2018
    Listed for Sale $310,000

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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 2,569 properties. Over the last 5 years, Houses in Bellmere have seen a 105.06% increase in median value, while Units have seen a 70.01% increase. As at 30 September 2024:

  • The median value for Houses in Bellmere is $736,288 while the median value for Units is $481,648.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Bellmere on OnTheHouse. According to CoreLogic's data, 137 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.