OFF MARKET

12/17 Newman Street
Caboolture QLD 4510

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 51m2
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Last updated 11 Nov 2024
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Property Details for 12/17 Newman St, Caboolture

12/17 Newman St, Caboolture is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 51m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in April 2010.

Building Type
Unit
Year Built
1997
Floor Size
42m2
Land Size
51m2
Local Government
Moreton Bay
Lot/Plan
12/SP110136

Last Listing description (May 2010)

What’s the go with all these investment units for sale?
A simple search will show a good handful of investment units are currently listed for sale. Why are there so many? And why are they selling?
Besides being openly listed for sale (multiple listings… one owner - looks like more properties than there really is), those who are selling have been an investor since the very beginning! In this instance, the unit was bought in 1998 when the Compton's Village was built. As an investor, there is usually a 5, 10 or 15 year plan. Well, my vendors had a 10 year plan and it's now time to sell.

To be honest, this unit will not be for everyone. The opportunity is a unique one. With a good portion of Caboolture's Population being elderly, there will always be a good demand for quality housing such as this.
This unit is situated in arguably, one of the best villages in town. With individual units built in groups of 4, there is an onsite manager, groundskeeper, recreation hall, canteen, library and rooms for visiting doctors, physicians and hairdressers.
Location is second to none with the RSL less than 1km away, war vets home next door with lawn bowl and bar facilities. There is a Medical Centre on King Street and the Caboolture Park Shopping Mall only 700m down the road.
The Units are tenanted on a periodic basis for $212.87 per week (Premium Units) of which you can expect a return of between $80 & $100 per week after body corporate and management fees are deducted.
The owners are keen to sell and may look at a reduced price. Do your sums and make an offer today!
For further information, please contact the listing agent.

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Property History for 12/17 Newman St, Caboolture, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$78,000
16 Apr 2010
  • 16 Apr 2010
    Sold for $78,000
  • 03 Jul 2009
    Listed for Sale $95,000 NEG
  • 28 Aug 2008
    Listed for Sale $95,000
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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 180 properties listed for sale, and 127 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 778 properties were sold in the past 12 months in Caboolture.

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