SOLD
RECENT ADVICE
Sold on 02 Dec 2024 for $400,000

5/592 Sandgate Road
Clayfield QLD 4011

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 5/592 Sandgate Rd, Clayfield

5/592 Sandgate Rd, Clayfield is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Clayfield in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

Gross Yield 10% plus in one of the city's most highly sought-after suburbs!

The property features two self-contained studio apartments, each designed with functionality in mind. Currently delivering a combined weekly rental return of $810, this investment promises impressive cash flow.

An unmatched opportunity where consistent returns meet exceptional growth potential, making it a must-have addition to any investor's portfolio. Don't miss your chance to secure this fantastic property today!

Notable Features

-Two generously proportioned ground floor studio apartments
-Impressive combined weekly rental income $810 per week
-Both units appointed with ensuite and kitchenette
-Well maintained complex
-Security intercom
-Pool
-Onsite parking available

Location Highlights

-Eagle Junction - 1.7kms
-Nundah Village - 2.5kms
-Westfield Chermside - 6.9kms
-Royal Brisbane Hospital - 7.6kms
-Brisbane Airport - 7.4kms
-Brisbane CBD - 9.2kms

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 5/592 Sandgate Rd, Clayfield, QLD 4011

A timeline of how this property has performed in the market
Last Sold
$400,000
02 Dec 2024
Listed for Rent
$380/w
01 May 2024
  • 02 Dec 2024
    Sold for $400,000
  • 17 Oct 2024
    Listed for Sale Under Contract
  • 26 Apr 2024
    Listed for Rent $380 / week
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About Clayfield 4011

The size of Clayfield is approximately 2.8 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Clayfield in 2011 was 10,006 people. By 2016 the population was 10,585 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayfield is 30-39 years. Households in Clayfield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clayfield work in a professional occupation. In 2011, 52.6% of the homes in Clayfield were owner-occupied compared with 52.4% in 2016.

Clayfield has 6,324 properties. Over the last 5 years, Houses in Clayfield have seen a 70.08% increase in median value, while Units have seen a 85.96% increase. As at 30 November 2024:

  • The median value for Houses in Clayfield is $1,954,468 while the median value for Units is $675,730.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 37 properties listed for sale, and 25 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Clayfield.

Suburb Insights for Clayfield 4011

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Contact agent
Alycia Hoffman
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Ireland Knowles
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Coronis North
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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.