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

4/98 King Street
Caboolture QLD 4510

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 113m2
Land area: 148m2
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Property Details for 4/98 King St, Caboolture

4/98 King St, Caboolture is a 3 bedroom, 1 bathroom Townhouse with 6 parking spaces and was built in 2008. The property has a land size of 148m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Townhouse sold in Caboolture in the last 12 months.

Building Type
Townhouse
Year Built
2008
Floor Size
113m2
Land Size
148m2
Local Government
Moreton Bay
Lot/Plan
4/SP229379

Last Listing description (October 2022)

What do investors want? Good Returns / Low Risk / Moderate Capital Growth

This Town Home Complex has a track record of years of stable tenancy. We can supply income and expenditure statements that reveal very minimal outgoing expenses, as there are NO body corporate costs, because it has all been held as one complex.

A very high level of inclusions in the original build fit-out, has ensured a classic style that has not dated, and still sits as a "stand out" development within the whole Caboolture region.

Currently Grossing 5.36% Per annum however with fixed term tenancies in place.

Other options may include living in one and placing the remaining Town Homes with Air BNB, which does have potential for increased income for the savvy operator.

Located within walking distance to shops, rail and the caf precinct of Caboolture CBD, this complex will always be a desirable location to live.

Town Home 1 All Ground Level
- 2 Bedroom + Study Nook
- 1 Bathrooms ( Powder Room toilet and vanity)
- Large Laundry
- Large Tiled Alfresco under roof

Town Home 2 2 Levels ( internal stairs)
- 3 Bedroom + Study
- 1 Bathrooms ( Powder Room toilet and vanity)
- Large Laundry
- Large Tiled Alfresco under roof

Town Homes 3 & 4 - 2 Levels ( internal stairs)
- 3 Bedrooms
- 1 Bathrooms (Powder Room toilet and vanity)
- Large Laundry
- Large Tiled Alfresco under roof

Caboolture Snap Shot
- Caboolture is a Major Regional Centre Earmarked for Infrastructure Spending which in turn should be given more weight due to the "dramatic impact" it could have on property and the economy.
- "Any market that's got a university and OR a major hospital, is going to be a centre of great demand for real estate,"
- Caboolture heads up the Moreton Shire, with locality, rail, great schools, major hospital (recently expanded) and only 50km north of the Brisbane CBD with easy access to the Brisbane CBD, Brisbane Airport and major transport routes.
- In 2020, Moreton Bay Rail Link, North East Business Park and the proposed Caboolture West Master Plan, a large-scale development which could accommodate around 70,000 residents.

Property History for 4/98 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
$325/w
29 Jul 2020
  • 01 Dec 2023
    Sold for $1,391,000
  • 06 Sep 2022
    Listed for Sale offers over $1,175,000
  • 29 May 2020
    Listed for Rent $325 / week
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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 15,554 properties. Over the last 5 years, Houses in Caboolture have seen a 106.56% increase in median value, while Units have seen a 73.17% increase. As at 30 September 2024:

  • The median value for Houses in Caboolture is $726,705 while the median value for Units is $426,327.
  • Houses have a median rent of $530 while Units have a median rent of $410.
There are currently 168 properties listed for sale, and 125 properties listed for rent in Caboolture on OnTheHouse. According to CoreLogic's data, 844 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.