2/12 Baxter CrescentCaboolture QLD 4510
Property Details for 2/12 Baxter Cres, Caboolture
2/12 Baxter Cres, Caboolture is a 5 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 670m2.
Last Listing description (October 2022)
If you have been searching for a property that has an amazing rental yield yet still has the potential for a great return on capital growth then stop here and keep reading. This property is the perfect starting point for a first time investor or a seasoned professional looking to add to their expanding portfolio.
Unit 1 is spacious featuring 3 bedrooms. The master is an exceptionally good size and features a modern en-suite and walk in wardrobe. Bedroom 2 & 3 are larger than standard double size rooms with built in robes. These two rooms are serviced by a well sized main bathroom including tub. All bedrooms have ceiling fans.
The large open plan living area is air-conditioned and features a modern kitchen with quality stainless appliances and stone bench tops. Off the main living area is sliding door access with security screens opening up to a private covered alfresco. This area looks out to the large back yard not often seen in this style of property. It is perfect for pets or, open up for double gated side access and add further uplift potential to this unit.
Unit 2 features 2 well sized bedrooms with built in robes and ceiling fans. It has an air-conditioned combined kitchen / living dining area again with modern stainless appliances and stone tops. Unit 2 also features double sliding doors giving a beautiful outlook to the back yard from the undercover alfresco dining area.
A unique point of this property that is appealing to tenants is the separate entrance to each unit from two street frontages giving an extra sense of privacy. The locality is only minutes walk to the Australian Christian College, shopping hubs, day care, sporting fields and a 2 min drive to the motorway.
Both units are rented to fantastic long-term tenants:
Unit 1 is currently leased at $350 per week until March 2023 .
Unit 2 is currently leased at $310 per week until March 2023.
In this location and returning $660 per week investments of this quality are few and far between. Make sure not to hesitate to give Matthew a call on 0402 346 730 for more information and to arrange an inspection of this sensational property.
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Property History for 2/12 Baxter Cres, Caboolture, QLD 4510
- 27 Jul 2022Listed for Sale Offers In Excess Of $679,000
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0About 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 15,461 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.
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