SOLD
Sold on 01 Dec 2023 for $1,391,000

1/98 King Street
Caboolture QLD 4510

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 135m2
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Property Details for 1/98 King St, Caboolture

1/98 King St, Caboolture is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 135m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Caboolture in the last 12 months.

Building Type
Townhouse
Year Built
2008
Floor Size
97m2
Land Size
135m2
Local Government
Moreton Bay
Lot/Plan
1/SP229379

Last Listing description (June 2015)

The first thing that really stood out when I first visited the property was how nice it looked. I didn't quite expect this development of 4 duplex homes to be quite so well thought out and beautifully presented. Number 1 is a lowset duplex home with what a courtyard style entrance that on a good day would be a lovely place to relax with a glass of wine. The current tenants have been in the home since the development has been built and it's not difficult to realise why. You could walk to the shops on King Street, take a stroll through Centenary Lakes and if you're really keen, you could even participate in the Boot Camp classes held there. The home would be ideal for an investor to buy as it is already tenanted so from the outset would be a lot less to worry about. Ideally we are looking for an investor to buy all 4 of the duplex homes as a whole for $1,250,000. That being said, we are still eager to hear from any investors that are interested in these properties. 'What the Owners says'It will be sad to see my development go but it has been a fantastic investment. When I built the duplexes, I really wanted to achieve a high standard, so with that in mind I designed them as if I were going to live there. I tried to make use of as much natural light as possible, and positioned the duplexes to give everyone plenty of room. Once the development was completed I have not had a problem renting them out so think another investor will be lucky to have the homes as part of their portfolio.

Property History for 1/98 King St, Caboolture, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$1,391,000
01 Dec 2023
Listed for Rent
$295/w
25 Aug 2012
  • 01 Dec 2023
    Sold for $1,391,000
  • 12 May 2015
    Listed for Sale $300,000
  • 25 Aug 2012
    Listed for Rent - Price not available
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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 178 properties listed for sale, and 129 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 810 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.