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Sold on 18 Apr 2024 for $600,000

72 Sanctuary Drive
Cranley QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 525m2
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Property Details for 72 Sanctuary Dr, Cranley

72 Sanctuary Dr, Cranley is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 525m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Cranley in the last 12 months.

Building Type
House
Land Size
525m2
Local Government
Toowoomba Regional
Lot/Plan
200/SP272128

Last Listing description (April 2024)

Positioned on the high side of the road in the new Cranley Estate in the North/West pocket of Toowoomba on an easy-care 525m2 fenced allotment within walking distance to Parkland and just minutes to Wilsonton Shopping Centre, Schools, St Andrews Hospital and the new Toowoomba Public Hospital, this quality built low-set brick home is not to be missed if you are looking to purchase a set and forget investment property offering great depreciation with fantastic tenants in place until early January 2025 paying $550per/week and a scope to increase.

Completed in 2016 and in excellent condition throughout, inside this property offers an air-conditioned open plan living and dining room that opens directly onto an under roof South/East facing entertaining area, quality kitchen with electric appliances including dishwasher and stone benchtops with breakfast bar, carpeted lounge/media room with ceiling fan, four built-in bedrooms with ceiling fans (air-conditioned main with walk-in wardrobe), two well-appointed bathrooms with stone benchtops to vanities including ensuite to main, and a double lockup remote garage with laundry at rear.

72 Sanctuary Drive full list of features include:-

- Completed in mid-2016 and in excellent 'as new' condition throughout
- Four built-in bedrooms with ceiling fans, main with air-con and WIR
- Ensuite to main with shower, vanity with stone benchtop and toilet
- Family bathroom with shower, bathtub, vanity and separate toilet
- Kitchen with stone benchtops, breakfast bar and electric appliances
- Open plan lounge and dining room with reverse cycle air-conditioning
- Separate carpeted media room/formal lounge room off living room
- Under roof South/East facing entertaining area off kitchen/living room
- Double remote garage with internal access with laundry located at rear
- Easy-care/low maintenance 525m2 fully fenced allotment, rainwater tank
- LED lighting throughout most of property, electric heat pump hot water system
- Fantastic tenants in the property until early Jan 2025 paying $550per/week
- Good depreciation available, scope to increase the rent at lease renewal
- Walking to Parkland, minutes to Wilsonton Shopping Centre and Schools
- Only a short drive to the site for the new Toowoomba Public Hospital

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Property History for 72 Sanctuary Dr, Cranley, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$600,000
18 Apr 2024
Listed for Rent
$395/w
20 Jul 2018
  • 28 Mar 2024
    Sold for $600,000
  • 18 Mar 2024
    Listed for Sale Offers from $600,000
  • 30 Dec 2019
    Listed for Rent $385 / week
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About Cranley 4350

The size of Cranley is approximately 10.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Cranley in 2011 was 851 people. By 2016 the population was 1,444 showing a population growth of 69.7% in the area during that time. The predominant age group in Cranley is 70-79 years. Households in Cranley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranley work in a trades occupation. In 2011, 77.2% of the homes in Cranley were owner-occupied compared with 66.4% in 2016.

Cranley has 859 properties. Over the last 5 years, Houses in Cranley have seen a 84.52% increase in median value, while Units have seen a 93.81% increase. As at 31 October 2024:

  • The median value for Houses in Cranley is $643,119 while the median value for Units is $520,101.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Cranley.

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Michael Brown
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myhouse realty Toowoomba
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