OFF MARKET

509 Redland Bay Road
Capalaba QLD 4157

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 10120m2
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Property Details for 509 Redland Bay Rd, Capalaba

509 Redland Bay Rd, Capalaba is a 4 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 10120m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1970
Land Size
10120m2
Local Government
Redland
Lot/Plan
16/RP85146

Last Listing description (June 2020)

We are excited to announce the availability of 1.01 hectares (2.5 acres approx.) of flat land in a booming South-East growth corridor. The two main assets of this block are its size and with main road exposure the combined potential of home with a huge business opportunity.

A neat four-bedroom cottage is currently tenanted for $500/week on a periodic lease. The home is adjacent to a large shed. Situated in an extremely prominent location with a huge amount of passing traffic which can only benefit your business with great prospects for excellent signage.

WHAT WE LOVE ABOUT THIS PROPERTY:

Nathan Strudwick for Elders Shailer Park said "has your partner been nagging you about getting your toys away from the house? There is a large amount of hard stand in the middle of the block which will give you plenty of space for storage, as well as a heavy vehicle service pit."

Inside:
•Three bedrooms
•One bathroom
•Kitchen
•Deck

Outside:
•Two-bay shed with power close to house
• Side access for cars/trucks to huge rear hardstand or extra car parking
•Space enough to turn a large trailer
•Heavy vehicle service pit

SERVICES:
•Town water
•Septic
•Material change of use home business permit

LOCATION:
•On main bus route
•Close to Redland Bay
•Short drive to Capalaba's shopping and industrial precincts
•5 minutes to Calvary Christian College
•15 minutes to Carindale
•15 minutes to Logan Hyperdome

Property History for 509 Redland Bay Rd, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$700,000
12 May 2020
Listed for Rent
$450/w
08 Jun 2012
  • 12 May 2020
    Sold for $700,000
  • 13 Feb 2020
    Listed for Sale Contact Agent
  • 17 Apr 2014
    Sold for $645,000
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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 8,558 properties. Over the last 5 years, Houses in Capalaba have seen a 78.44% increase in median value, while Units have seen a 98.62% increase. As at 31 October 2024:

  • The median value for Houses in Capalaba is $897,724 while the median value for Units is $607,921.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 54 properties listed for sale, and 57 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 387 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 for any loss or damage arising in connection with the data and information contained in this publication.