OFF MARKET

31/307-309 Old Cleveland Road E
Capalaba QLD 4157

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 65m2
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Property Details for 31/307-309 Old Cleveland Rd E, Capalaba

31/307-309 Old Cleveland Rd E, Capalaba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Land Size
65m2
Local Government
Redland
Lot/Plan
31/SP326072

Last Listing description (July 2022)

First time on the market and the only NDIS investment in the Redlands currently available. These properties do not often hit the market with rental yields well above 10% per annum it's easy to see why!

The unit is located in the Award Winning KubUnity complex and will suit the savvy investor who is looking for an ethical investment that will make a huge difference to participants in the community living with special needs. The NDIS is fully funded by the federal government and paid monthly so no need to chase up tenants for rent.

The unit is built to High Physical Support standards and is expected to yield up to $93,194 in funding and RRC each year.

To book your private inspection and to learn more call Paul on 0433332223!

Property History for 31/307-309 Old Cleveland Rd E, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$520,000
24 Jun 2022
  • 24 Jun 2022
    Sold for $520,000
  • 06 Jun 2022
    Listed for Sale High Yield NDIS Investment! POA
  • 28 Mar 2022
    Listed for Rent $1,050 / week

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About Capalaba 4157

The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2011 was 16,644 people. By 2016 the population was 17,365 showing a population growth of 4.3% in the area during that time. The predominant age group in Capalaba is 50-59 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation. In 2011, 72.1% of the homes in Capalaba were owner-occupied compared with 71.4% in 2016.

Capalaba has 8,590 properties. Over the last 5 years, Houses in Capalaba have seen a 88.62% increase in median value, while Units have seen a 91.66% increase. As at 28 February 2025:

  • The median value for Houses in Capalaba is $911,600 while the median value for Units is $600,930.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 39 properties listed for sale, and 56 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in Capalaba.

Suburb Insights for Capalaba 4157

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.