SOLD
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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

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 866 properties. Over the last 5 years, Houses in Cranley have seen a 92.95% increase in median value, while Units have seen a 88.44% increase. As at 30 November 2024:

  • The median value for Houses in Cranley is $655,937 while the median value for Units is $522,727.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Cranley.

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Michael Brown
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