OFF MARKET

43 Lancaster Street
Coorparoo QLD 4151

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 368m2
Land area: 610m2
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Property Details for 43 Lancaster St, Coorparoo

43 Lancaster St, Coorparoo is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 610m2 and floor size of 368m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
2018
Floor Size
368m2
Land Size
610m2
Local Government
Brisbane
Lot/Plan
2/RP48204

Last Listing description (January 2020)

Offered to the market for the very first time, this original high-set early 1960's classic could be your very next family home or prime development opportunity. Positioned favourably in one of Coorparoo's most desired enclaves there is far more than meets the eye with this property.

Built to the one, and only owner's stringent specifications, the home features a well thought out floorplan that in many ways echoes the trends of today. The very generously proportioned open plan kitchen, dining and living area flows out to the Easterly facing balcony, the perfect place for your morning tea or coffee. The three spacious bedrooms all have their own original built-in wardrobes, not something commonly featured in a home of this vintage.

Concealed under the floor coverings are hardwood timber floorboards just waiting to be exposed and polished.

Downstairs we have a full sized double garage, with automatic doors and an expansive utility area with concrete floor that could be anything you imagine; a games room, workshop, teenagers retreat, the options for this space are truly endless.

The second equally attractive option for this 610m2 parcel of land, zoned LMR2, is to remove the existing dwelling completely and seek to develop a boutique townhouse complex. (STCA) Located within close proximity to many prestigious local schools including Our Lady of Mount Carmel Primary, Villanova and Loreto College, as well as the emerging Coorparoo Square lifestyle hub with high class shops and restaurants; there's no doubt this is a smart investment for the future.

610m2 lot zoned LMR2 with development potential
Security screens, ducted air-conditioning and solid construction
Walking distance to Martha Street precinct
Close proximity to the emerging Coorparoo Square Development
Choice of prestigious Schools
Easy access to public transport

Property History for 43 Lancaster St, Coorparoo, QLD 4151

A timeline of how this property has performed in the market
Last Sold
$2,500,000
17 Oct 2022
  • 17 Oct 2022
    Sold for $2,500,000
  • 05 Aug 2016
    Sold for $790,000
  • 29 Jul 2016
    Listed for Sale Under Contract

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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 9,878 properties. Over the last 5 years, Houses in Coorparoo have seen a 90.33% increase in median value, while Units have seen a 81.74% increase. As at 31 August 2024:

  • The median value for Houses in Coorparoo is $1,686,637 while the median value for Units is $685,056.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 457 properties were sold in the past 12 months in Coorparoo.

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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.