OFF MARKET

4 Vernon Street
Clontarf QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 337m2
Land area: 632m2
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Property Details for 4 Vernon St, Clontarf

4 Vernon St, Clontarf is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 632m2 and floor size of 337m2. While the property is not currently for sale or for rent, it was last sold in December 1993.

Building Type
Unit
Year Built
1940
Floor Size
337m2
Land Size
632m2
Local Government
Moreton Bay
Lot/Plan
42/RP74921

Last Listing description (September 2022)

1 km from Pelican Park and the beautiful Bramble Bay, lies this exciting investment opportunity offering a lucrative return on your investment. This 632sq m property is being sold with with 4 tenants in place offering strong returns, with an opportunity to increase your yield before the end of the current financial year.

Currently returning $64,480 in its configuration of four flats in good condition, with the zoning being a suburban neighbourhood, offering an 8.5 metre building height limit

This ultimate investment opportunity, still within reach of Brisbane, offers but is not limited to:

+ Currently returning more than $64,480 per annum (opportunity to increase to $72,800 before the end of the financial year)
+ Configured as four flats in good condition
+ Quiet location, with easy access to shops, public transport and the waterfront
+ Walk to schools including Clontarf State High, Primary, Southern Cross Primary and Grace Primary

* Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.

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Property History for 4 Vernon St, Clontarf, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$156,000
23 Dec 1993
Listed for Rent
$255/w
25 Sep 2015
  • 06 Sep 2022
    Listed for Sale For Sale
  • 02 Oct 2020
    Listed for Rent - Price not available
  • 28 Apr 2020
    Listed for Rent - Price not available
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About Clontarf 4019

The size of Clontarf is approximately 9.9 square kilometres. It has 24 parks covering nearly 26.3% of total area. The population of Clontarf in 2011 was 7,909 people. By 2016 the population was 8,291 showing a population growth of 4.8% in the area during that time. The predominant age group in Clontarf is 40-49 years. Households in Clontarf are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clontarf work in a trades occupation. In 2011, 62.5% of the homes in Clontarf were owner-occupied compared with 62.3% in 2016.

Clontarf has 4,536 properties. Over the last 5 years, Houses in Clontarf have seen a 85.17% increase in median value, while Units have seen a 86.37% increase. As at 31 October 2024:

  • The median value for Houses in Clontarf is $827,985 while the median value for Units is $660,007.
  • Houses have a median rent of $560 while Units have a median rent of $480.
There are currently 44 properties listed for sale, and 39 properties listed for rent in Clontarf on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Clontarf.

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