OFF MARKET

245 King Street
Caboolture QLD 4510

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 142m2
Land area: 2276m2
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Property Details for 245 King St, Caboolture

245 King St, Caboolture is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 2276m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1940
Floor Size
142m2
Land Size
2276m2
Local Government
Moreton Bay
Lot/Plan
2/RP141451

Last Listing description (February 2023)

Developers Dream on King! Tap into the exciting potential offered this flat, ready to build 2276m2 block in the thriving region of Caboolture. Located towards upper King Street, this property enjoys a premium position close to parks, the river, quality schools and shops. Not one to miss this is a golden opportunity for savvy investors looking to make their mark on a city that has been identified as needing 30,000 new homes over the next 40 years to keep up with population growth.

Already on site there is a charming 3 bedroom cottage. Featuring solid hardwood flooring, 10 foot ceilings and multiple living spaces it is an appealing abode to restore or rent out while land banking.

Highlights of the property include:

- Three bedrooms which can be made into 4
- Gorgeous high ceilings creating a sense of space
- Wheelchair accessible from the rear of the residence
- Multiple living spaces
- Stunning VJ panelling
- Spacious kitchen with plenty of storage space
- Open plan kitchen and dining room, opening out to the backyard
- Large bathroom with separate shower and bath
- Single car carport, with paved hard stand and ample room for additional vehicles
- Garden shed in backyard
- Fully fenced block
- Over 42 meters of frontage
- Two split system air conditioners and ceiling fans throughout

Within easy commuting distance to Bribie Island and the Sunshine Coast, this incredible property is ideal for buyers looking to capitalise on the exponential growth this region is undergoing. With the Caboolture West development underway close by, take advantage of this perfectly positioned location that will benefit from all the new infrastructure coming in as a part of that project.

- 450 m to Caboolture Pool and Fitness Centre
- 3 min drive to Tullawong State High School
- 3 min drive to Grace Lutheran College - Caboolture Campus
- 4 min drive to Caboolture Square Shopping Centre
- 4 min drive to Tullawong Primary School
- 5 min drive to Caboolture Train Station
- 5 min drive to Caboolture Golf Club
- 45 min to the Sunshine Coast

Located in a popular pocket with all amenities close at hand, this rare offering to the market that is bound to deliver an impressive return on investment.

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property History for 245 King St, Caboolture, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$700,000
13 Jan 2023
Listed for Rent
$500/w
05 Apr 2022
  • 13 Jan 2023
    Sold for $700,000
  • 21 Nov 2022
    Listed for Sale SOLD
  • 18 Jan 2022
    Listed for Sale For Sale
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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.

Suburb Insights for Caboolture 4510

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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.