OFF MARKET

1/78 Lower King Street
Caboolture QLD 4510

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 69m2
Land area: 91m2
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Property Details for 1/78 Lower King St, Caboolture

1/78 Lower King St, Caboolture is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 91m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
69m2
Land Size
91m2
Local Government
Moreton Bay
Lot/Plan
1/SP243080

Last Listing description (April 2023)

Calling all investors! Great Price, Great Location, Great Return!

Collect over $16,000 + per year in rental income with future greater returns

Located within Caboolture's Avichi apartments complex is this well-appointed and presented investment unit.

Features of the property include:
- 2 large bedrooms with ceiling fans and built in robes
- 2 bathrooms (ensuite to the main bedroom, 2 way to the second bedroom)
- Modern kitchen with good bench and cupboard space, electric cooking, range hood and dishwasher
- Open plan living and dining (tiled) with air-conditioning
- Internal laundry facilities + large storage room
- Private balcony with access from the living and master bedroom
- First floor unit
- Secure parking with allocated car spaces

The complex is well maintained and features secure parking, lift and stairway access to each floor, CCTV and a restricted key system for added security.

Conveniently located within walking distance to the Caboolture State School, Hospital, Caboolture CBD and Shopping Precinct, Rail, Parks and even the local Starbucks!

There is a great tenant in place currently paying $320 per week. With good local growth, and a shortage of homes for rent, further increases can be assumed in the future, and short term letting may be an option in the lead up to the 2032 Olympic Games.

If you're looking for a solid investment, with a great long term tenant, this is the one for you!

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 1/78 Lower King St, Caboolture, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$285,000
06 Jul 2023
Listed for Rent
$320/w
05 Dec 2022
  • 06 Jul 2023
    Sold for $285,000
  • 24 Nov 2022
    Listed for Rent $320 / week
  • 24 Oct 2022
    Listed for Sale $275,000
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About Caboolture 4510

The size of Caboolture is approximately 68.7 square kilometres. It has 69 parks covering nearly 17.8% of total area. The population of Caboolture in 2011 was 21,929 people. By 2016 the population was 26,417 showing a population growth of 20.5% in the area during that time. The predominant age group in Caboolture is 20-29 years. Households in Caboolture are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture work in a labourer occupation. In 2011, 49.7% of the homes in Caboolture were owner-occupied compared with 48.6% in 2016.

Caboolture has 15,462 properties. Over the last 5 years, Houses in Caboolture have seen a 108.46% increase in median value, while Units have seen a 86.53% increase. As at 31 October 2024:

  • The median value for Houses in Caboolture is $732,046 while the median value for Units is $419,621.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 182 properties listed for sale, and 128 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 791 properties were sold in the past 12 months in Caboolture.

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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.