3/31 Ninth AvenueCoorparoo QLD 4151
Property Details for 3/31 Ninth Ave, Coorparoo
3/31 Ninth Ave, Coorparoo is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 106m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Coorparoo in the last 12 months.
Last Listing description (December 2024)
This functional and well-presented first-floor unit offers great value for those seeking a low-maintenance property in a convenient Coorparoo location. Part of a cavity brick complex of just six, its an excellent choice for both homeowners and investors looking for solid returns.
The apartment has been carefully maintained over the years, reflecting a commitment to keeping the property in good condition. Both the kitchen and bathroom have benefited from thoughtful upgrades, bringing them up to modern standards.
A long-term tenant occupies until June 2025 at $440 per week, with a recent appraisal estimating a current market value of $530 per week.
Features include:
- Two bedrooms
- Bathroom and separate toilet
- Updated kitchen and bathroom
- Air-conditioned living area
- Spotless presentation throughout
- Positioned at the rear of the block
- Lock up garage with remote control access
- Oversized balcony
- Tenanted until June 2025 at $440 per week
- Well-maintained complex
This Coorparoo unit combines convenience, comfort, and investment appeal. With a strong rental history, modern updates, and a well-maintained complex, it presents a solid option for those looking to enter the market or expand their portfolio. Don't miss the chance to secure this functional and well-located property.
Property History for 3/31 Ninth Ave, Coorparoo, QLD 4151
- 19 Nov 2024Sold for $635,000
- 04 Oct 2024Listed for Sale Offers Over $650,000
- 27 May 2020Listed for Rent $355 / week
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About Coorparoo 4151
The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.
Coorparoo has 9,875 properties. Over the last 5 years, Houses in Coorparoo have seen a 71.84% increase in median value, while Units have seen a 89.65% increase. As at 31 December 2024:
- The median value for Houses in Coorparoo is $1,618,860 while the median value for Units is $721,715.
- Houses have a median rent of $650 while Units have a median rent of $570.
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