SOLD
Sold on 10 May 2024 for $495,000

16/21-29 Toorbul Street
Bongaree QLD 4507

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 80m2
Land area: 129m2
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Property Details for 16/21-29 Toorbul St, Bongaree

16/21-29 Toorbul St, Bongaree is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 129m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom Unit sold in Bongaree in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
80m2
Land Size
129m2
Local Government
Moreton Bay
Lot/Plan
16/BUP5542

Last Listing description (April 2023)

What a location! Positioned opposite the Bongaree waterfront, within a stones throw to the local eateries, main Jetty, and within walking distance to the RSL Club. What better position than this one if you are in the market for a waterfront unit under $450,000.
This complex has a resort style feel with a huge central pool fringed by palm trees and the beach right across the Road. For the investor there is a tenant already in place and the complex also offers on site management for holiday lettings.
Summary of features;

* Two bedroom and one bathroom
* Sizeable balcony with Pumicestone Passage views
* First floor position within the resort style complex
* Basement car park close to stairwell
* Relaxing views over the pool to the waterfront
* Magnificent Bongaree location so handy to the cafe's and beach
* Permanent tenant already in place at $400 per week rental
Note: File photos have been used for the unit interior in this presentation

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Property History for 16/21-29 Toorbul St, Bongaree, QLD 4507

A timeline of how this property has performed in the market
Last Sold
$495,000
10 May 2024
  • 10 May 2024
    Sold for $495,000
  • 21 Nov 2022
    Sold for $390,000
  • 26 May 2022
    Listed for Sale $429,000
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About Bongaree 4507

The size of Bongaree is approximately 6.9 square kilometres. It has 17 parks covering nearly 34.8% of total area. The population of Bongaree in 2011 was 6,523 people. By 2016 the population was 6,940 showing a population growth of 6.4% in the area during that time. The predominant age group in Bongaree is 60-69 years. Households in Bongaree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bongaree work in a professional occupation. In 2011, 63.6% of the homes in Bongaree were owner-occupied compared with 64% in 2016.

Bongaree has 5,105 properties. Over the last 5 years, Houses in Bongaree have seen a 62.90% increase in median value, while Units have seen a 78.59% increase. As at 30 November 2024:

  • The median value for Houses in Bongaree is $759,522 while the median value for Units is $603,620.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Bongaree on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Bongaree.

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