SOLD
Sold on 07 May 2024 for $285,000

10/21-23 Barossa Crescent
Caboolture South QLD 4510

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 34m2
Land area: 68m2
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Property Details for 10/21-23 Barossa Cres, Caboolture South

10/21-23 Barossa Cres, Caboolture South is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 68m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom House sold in Caboolture South in the last 12 months.

Building Type
House
Year Built
2003
Floor Size
34m2
Land Size
68m2
Local Government
Moreton Bay
Lot/Plan
10/SP146364

Last Listing description (September 2024)

Presenting a prime investment opportunity at 10/21-23 Barossa Crescent, Caboolture South, QLD, 4510 – a stunning duplex property within an immaculately presented over 55’s gated village. This unique offering consists of 2 separate dwellings on a single title, perfectly tailored to investors looking to expand their portfolio with a high-yield asset in a coveted location.

Each unit of the duplex features one well-proportioned bedroom, an open plan living area bathed in natural light, and is equipped with modern comforts including air conditioning, security screens, and ceiling fans. Designed with convenience in mind, each dwelling also includes a bathroom and laundry area.

The allure of this investment is heightened by the complex's meticulously maintained gardens and lawns, which create an idyllic setting for the residents. Additional facilities such as a sparkling swimming pool and communal gazebos offer leisure and relaxation within the community. Moreover, an on-site manager ensures seamless operation and upkeep of the village.

Strategically positioned, the complex offers easy access to public transport, healthcare services, pharmacies, and shopping centres, bridging the gap between serene living and urban convenience. With a waiting list of eager tenants, the investment potential is undeniably strong.

Each unit is in excellent condition and generates a combined income of $500 per week, promising an attractive gross yield of 8% per annum. Both units have just renewed for a further year, reflecting the high satisfaction amongst occupants.

Seize this rare opportunity to secure a high-performing investment in Caboolture South. Act now and reap the benefits of this exceptional property.

- Combined rent $6250 per 1/4
- Rates $508 per 1/4
- Water $464 per 1/4
- Body corp $1324 per 1/4

Property History for 10/21-23 Barossa Cres, Caboolture South, QLD 4510

A timeline of how this property has performed in the market
Last Sold
$285,000
07 May 2024
  • 07 May 2024
    Sold for $285,000
  • 11 Mar 2024
    Listed for Sale Under Contract
  • 19 Apr 2018
    Sold for $160,000
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About Caboolture South 4510

The size of Caboolture South is approximately 4.4 square kilometres. It has 11 parks covering nearly 10.7% of total area. The population of Caboolture South in 2011 was 4,854 people. By 2016 the population was 5,271 showing a population growth of 8.6% in the area during that time. The predominant age group in Caboolture South is 0-9 years. Households in Caboolture South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caboolture South work in a labourer occupation. In 2011, 48.3% of the homes in Caboolture South were owner-occupied compared with 50.5% in 2016.

Caboolture South has 3,511 properties. Over the last 5 years, Houses in Caboolture South have seen a 115.56% increase in median value, while Units have seen a 78.16% increase. As at 31 August 2024:

  • The median value for Houses in Caboolture South is $627,900 while the median value for Units is $439,090.
  • Houses have a median rent of $525 while Units have a median rent of $450.
There are currently 22 properties listed for sale, and 22 properties listed for rent in Caboolture south on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Caboolture south.

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Contact agent
Arthur Williams
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LJ Hooker Caboolture | Morayfield
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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.