OFF MARKET

7/51 Station Road
Bethania QLD 4205

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 94m2
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Property Details for 7/51 Station Rd, Bethania

7/51 Station Rd, Bethania is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 94m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Townhouse
Year Built
1990
Floor Size
89m2
Land Size
94m2
Local Government
Logan City
Lot/Plan
7/GTP2394

Last Listing description (November 2022)

There are not too many properties on the market with such cash flow certainty when it comes to a secure investment. This 3 bedroom townhouse is in very good condition and is maintained and kept by the tenant as it was her own property. Currently rented at $295 per week with the tenants lease expiring this October there is also the opportunity for a home owner to take advantage of this very maintained brick townhouse. The gross return is currently 5.11%, with rents on the rise the current market rent is now a healthy $330 per week. This would give the savvy investor a gross return of 5.72%. There is a lot to like about this property.

Features:

. Awesome value very good condition with a lot of upsize on the return
. 3 generous sized bedrooms all with ceiling fans
. Polished timber staircase, very good carpets, timber blinds thru out
. Large modern kitchen and bathroom
. Open plan design, spacious air/con living area with brick feature wall
. Very secure and private paved courtyard pet friendly
. Lock up garage, very quiet area and very handy to all amenities
. This townhouse is very neat clean and tidy
. Currently rented @ $295 per week lease expires October 22
. Current market rent is now a healthy $330 per week
. Potential gross yield can be a huge 5.72%
. Ideal set and forget investment with a 7 year tenant
. Cheap enough for most first home owners to buy and move in
. Complex has open green space and bbq area for entertaining
. The seller is motivated to meet the market- All Offers welcome
. Contact Darren Boettcher to arrange your personal inspection
. #sellingiswhatido

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Property History for 7/51 Station Rd, Bethania, QLD 4205

A timeline of how this property has performed in the market
Last Sold
$312,000
09 Aug 2022
Listed for Rent
$270/w
04 Mar 2012
  • 09 Aug 2022
    Sold for $312,000
  • 29 Jul 2022
    Listed for Sale Offers Over $309,000
  • 19 Jul 2017
    Listed for Sale UNDER CONTRACT
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About Bethania 4205

The size of Bethania is approximately 5.8 square kilometres. It has 8 parks covering nearly 4.2% of total area. The population of Bethania in 2011 was 4,589 people. By 2016 the population was 5,352 showing a population growth of 16.6% in the area during that time. The predominant age group in Bethania is 70-79 years. Households in Bethania are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bethania work in a trades occupation. In 2011, 68.7% of the homes in Bethania were owner-occupied compared with 66.7% in 2016.

Bethania has 2,574 properties. Over the last 5 years, Houses in Bethania have seen a 103.55% increase in median value, while Units have seen a 92.70% increase. As at 31 October 2024:

  • The median value for Houses in Bethania is $693,556 while the median value for Units is $524,799.
  • Houses have a median rent of $525 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Bethania on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Bethania.

Suburb Insights for Bethania 4205

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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.