SOLD
Sold on 22 May 2024 for $465,000

19 Karri Street
Burpengary QLD 4505

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 601m2
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Property Details for 19 Karri St, Burpengary

Building Type
Land
Land Size
601m2
Local Government
Moreton Bay
Lot/Plan
311/SP339597

Last Listing description (August 2024)

BURPENGARY is a town and suburb in the Moreton bay region. It is very picturesque area adjacent to the wonderful Moreton Bay waterways and Pumicestone Passage - great for swimming and boating.
It is located just 35 kms north of Brisbane with very easy and quick access from the Bruce Highway.
Burpengary is the Morton Bay Regions fastest growing residential location.

It is still affordable and families are very attracted by the high level of services available, the attractive country style lifestyle that you can enjoy here. All services and amenities are available just nearby with Burpengary being quite a large town with major supermarkets, many schools, good transport, train station to Brisbane, close to major Medical facilities.
Bestow estate is a new estate and this home would be amidst other recently constructed new homes.
Why consider building a duplex? Over a Town House
If you are looking at a property for investment purposes, a duplex would enable you to get high rental yields and growth than what you could earn from two separate houses in the same location. Building a duplex would enable you to get more income than what you could achieve from two separate houses whilst saving money on land costs.
For a first-time home buyer, buying a duplex is going to be cheaper than a house. You can live on one side of the unit with a duplex and rent out the other side. The extra income can be used to pay off the mortgage and utility bills. And you will also be able to enjoy your privacy without the hassle of sharing your space with your flatmates.

Minus sharing a wall with your neighbour, you'll have the privacy of a single-family home. Duplexes are generally more spacious than the average apartment, too, so you can enjoy your time at home without worrying that your upstairs, downstairs and next-door neighbours can hear your every step.
You have your gardens and bigger yards
Bigger for small families room to move

This Opportunity - under construction
Duplex x 1 Villa - SMSF: SINGLE CONTRACT ONLY
STRATA TITLED INCLUDED
- total of 3 beds, 2 bath and 1 cars
Land: lot 311 Karri Street, Burpengary - Morton Bay Region
Land size: TBA (strata title cannot be undertaken until the property is completed, hence land size cannot be provided yet)
Total build size: 142.22m2
Total of 3 beds, 2 baths, 2 living and 1 car

Inclusions: just a summary -
Energy efficient
Air conditioning in all bedrooms and living area
Carpet in bedrooms + tiles throughout
Window furnishings included
Colorbond roof fully insulated
Landscape allowance
And much more!

Rental Estimate: Rental estimate: $490 to $690 per week

PLEASE REQUEST FULL MARKETING BROCHURE FOR ADDITIONAL INFORMATION

To Purchase:
EOI with $5000 deposit
One contract purchase -- this home is not yet fully constructed but construction has begun
Finance: 21 days for approval
On unconditional finance there will be a requirement for a larger deposit to be paid - amount $TBA
Settlement: on completion of construction
Via Expression Of Interest (we supply the form to be completed)
You must also supply: drivers licence or Passport ID for all buyers,
Pay the initial holding deposit of $5000 and provide confirmation payment receipt copy

Please note: due to the high rate of sales and low stock supply, all properties are subject to availability at the time of enquiry

FOR SALE: $649,990

KAYE TILLEY
0418 823 046

Property History for 19 Karri St, Burpengary, QLD 4505

A timeline of how this property has performed in the market
Last Sold
$465,000
22 May 2024
  • 15 Aug 2024
    Listed for Sale $649,990
  • 22 May 2024
    Sold for $465,000

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About Burpengary 4505

The size of Burpengary is approximately 22.5 square kilometres. It has 41 parks covering nearly 14.4% of total area. The population of Burpengary in 2011 was 12,963 people. By 2016 the population was 14,021 showing a population growth of 8.2% in the area during that time. The predominant age group in Burpengary is 10-19 years. Households in Burpengary are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burpengary work in a trades occupation. In 2011, 74.4% of the homes in Burpengary were owner-occupied compared with 70.6% in 2016.

Burpengary has 7,634 properties. Over the last 5 years, Houses in Burpengary have seen a 79.79% increase in median value, while Units have seen a 96.74% increase. As at 31 October 2024:

  • The median value for Houses in Burpengary is $852,660 while the median value for Units is $509,835.
  • Houses have a median rent of $590 while Units have a median rent of $460.
There are currently 58 properties listed for sale, and 39 properties listed for rent in Burpengary on OnTheHouse. According to CoreLogic's data, 483 properties were sold in the past 12 months in Burpengary.

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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.