OFF MARKET

40 Mars Street
Coorparoo QLD 4151

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 314m2
Land area: 708m2
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Last updated 15 Apr 2024
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Property Details for 40 Mars St, Coorparoo

Building Type
Land
Year Built
1945
Floor Size
314m2
Land Size
708m2
Local Government
Brisbane
Lot/Plan
2/RP107129

Last Listing description (April 2021)

This is a rarely available opportunity in an ideal location only minutes away from Cavendish Road State High School, Holland Park State School, Brisbane City, with potential city views if there was another storey added or a new dwelling built.
The home consists of a 3 bedrooms, 1 bathroom with a good condition kitchen, bathroom and large private back deck that looks directly over the sanctuary style backyard. The second dwelling is a 1 bedroom self contained granny flat with it's own private deck.
The opportunities with this property are endless.

* Reap the rewards of a dual income rental return
* City views from road out the front
* Potential to knock down / rebuild (STCA*)
* Rare opportunity to secure a large block on the reserve

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 40 Mars St, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$1,250,000
13 Apr 2021
Listed for Rent
$275/w
04 Nov 2016
  • 13 Apr 2021
    Sold for $1,250,000
  • 12 Apr 2021
    Listed for Sale UNDER CONTRACT
  • 14 Oct 2016
    Listed for Rent $275 / 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 9,772 properties. Over the last 5 years, Houses in Coorparoo have seen a 78.23% increase in median value, while Units have seen a 89.53% increase. As at 31 October 2024:

  • The median value for Houses in Coorparoo is $1,616,708 while the median value for Units is $713,168.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 22 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 447 properties were sold in the past 12 months in Coorparoo.

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