SOLD
Sold on 25 Jan 2024 for $2,130,000

8 Pittwin Road N
Capalaba QLD 4157

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
Land area: 2671m2
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Property Details for 8 Pittwin Rd N, Capalaba

8 Pittwin Rd N, Capalaba is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 2671m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Capalaba in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
131m2
Land Size
2671m2
Local Government
Redland
Lot/Plan
36/RP87680

Last Listing description (August 2024)

Factsheet:

EXTERNAL SITE INSPECTION

Proposed STCA - 60x 2 Bedroom 2 Bathroom (82sqm) Units (6 Levels + Ground Level Parking)

Lot Dimensions: 98.6m (Mitch Lane) x 28.6m (Pittwin Road North) x 88.6m x 28m (Clear & Leveled Allotment)

Zoning: COMPREHENSIVE DEVELOPMENT - Medium Density Residential (MDR1 Precinct) & Community Facilities (CF6 Precinct)

Obtain rental income to offset the holding cost, demolish and develop the land or land bank for future prospects, the choice is yours!

With a number of parklands including the Capalaba Regional Park Playground and walking/bike trails within close proximity, and within minutes drive of the coveted Capalaba Park Shopping Centre, ALDI, Big W, Bunnings, Milestones Early Learning Centre, 8 Pittwin Road, North Capalaba offers a once-in-a-lifetime opportunity for astute investors seeking to land bank, lease out, develop or even reside amongst other established and increasingly popular properties in the increasingly popular North Capalaba locality. Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.

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Property History for 8 Pittwin Rd N, Capalaba, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$2,130,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $2,130,000
  • 11 Jan 2024
    Listed for Sale SOLD

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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 8,595 properties. Over the last 5 years, Houses in Capalaba have seen a 80.52% increase in median value, while Units have seen a 94.04% increase. As at 30 September 2024:

  • The median value for Houses in Capalaba is $885,163 while the median value for Units is $591,575.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 47 properties listed for sale, and 67 properties listed for rent in Capalaba on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Capalaba.

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