Property Details for 1-6/24 Conran St, Capella
1-6/24 Conran St, Capella is a 14 bedroom, 6 bathroom Unit with 6 parking spaces.
Last Listing description (December 2023)
Here is a great opportunity to purchase a 2031m2 allotment in the centre of town. There are two 3 bedroom units on the back of the block and four 2 bedders towards the front, all with individual carports. The units are separate and elevated, and the block is well maintained. All of the units are tenanted, and being in such an ideal location vacancy will never be an issue. Low maintenance, great location, and extreme return potential, this is the full package!
Rental income across all units is approx $1490 per week and Rates $13734.80 per year.
Contact Wendy Thornberry at Elders Real Estate to arrange a viewing or to discuss options with this purchase.
Property History for 1-6/24 Conran St, Capella, QLD 4723
- 07 Sep 2023Listed for Sale $625,000 NEG
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0About Capella 4723
The size of Capella is approximately 9.4 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Capella in 2011 was 925 people. By 2016 the population was 1,006 showing a population growth of 8.8% in the area during that time. The predominant age group in Capella is 0-9 years. Households in Capella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capella work in a trades occupation. In 2011, 51% of the homes in Capella were owner-occupied compared with 55.1% in 2016.
Capella has 558 properties. Over the last 5 years, Houses in Capella have seen a 18.74% increase in median value, while Units have seen a 136.37% increase. As at 31 October 2024:
- The median value for Houses in Capella is $267,794 while the median value for Units is $489,710.
- Houses have a median rent of $415 while Units have a median rent of $220.
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