SOLD
RECENT ADVICE
Sold on 24 May 2024 for $830,000

11 Tombay Court
Crestmead QLD 4132

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 550m2
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Property Details for 11 Tombay Ct, Crestmead

11 Tombay Ct, Crestmead is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 550m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Crestmead in the last 12 months.

Building Type
House
Land Size
550m2

Last Listing description (May 2024)

An exceptional investment beckons for astute investors or a great opportunity for home owner occupiers with this remarkable dual-key property, conveniently nestled at 11 Tombay Court, Crestmead 4132. Boasting outstanding tenants and impressive returns, this property offers a lucrative opportunity for those seeking a secure investment venture. This dual-key property, built only in 2016, provides a secure investment option with a substantial weekly rental income of $870 with the potential to increase at the lease renewal time.

This outstanding dual-key property guarantees a hassle-free investment experience. Comprising two separate self-contained units on one title, each with its own rental income stream, the property features a 3-bedroom, 2-bathroom open-plan living space on one side and a 2-bedroom, 1-bathroom dwelling on the other side. Both units boast secure car spaces with remote doors, air conditioning, ceiling fans, and alfresco areas with enclosed backyards set on a 550m2 lot.

Property Feature Breakdown:

1/11 Tombay Court:

• Currently leased for $480 per week, fixed term until 07/11/2024
• 3 spacious bedrooms with built-in robes
• 2 bathrooms, master with ensuite and walk-in robe
• Air-conditioned lounge and dining area
• Modern kitchen with ample cupboard space and stainless steel appliances and island bench
• Internal access to single lock-up garage
• Private patio area and fully fenced yard
• NBN Connection set up

2/11 Tombay Court:

Currently leased for $390 per week, fixed term until 01/11/2024
• 2 generous bedrooms with built-in robe
• Air-conditioned lounge area with access to the front patio
• Internal access to single lock-up garage
• Modern kitchen with stainless steel appliances
• Modern bathroom with bath and shower
• Security screens on doors and windows

Location benefits:
• Convenient proximity to bus stops, facilitating easy public transportation access
• Close to shopping centres for everyday needs and leisure activities
• Nearby schools provide excellent educational opportunities for families
• Easy access to major arterial roads including the M1 and Logan Motorway for seamless commuting
• Situated in a thriving area undergoing continuous development, ensuring long-term growth potential

Positioned in a thriving locale undergoing continuous development, this property stands out as a prime investment destination. Its proximity to essential amenities including bus stops, shopping centres, schools, and major arterial roads such as the M1 and Logan Motorway ensures convenient access to all necessities.

This property is meticulously maintained, ensuring that it always remains in impeccable condition.

Don't miss out on this unparalleled opportunity! With two income-producing properties on one title generating a weekly return of $870, savvy investors cannot afford to overlook this offering. Seize the chance to enjoy dual-income returns with this prized investment.
Act now and call for more information on 0423119513.

Property History for 11 Tombay Ct, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$830,000
24 May 2024
Listed for Rent
$350/w
15 Jan 2016
  • 02 May 2024
    Sold for $820,000
  • 26 Apr 2024
    Listed for Sale Contact Agent For Pricing and Information
  • 17 Nov 2015
    Listed for Rent - Price not available
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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2011 was 11,209 people. By 2016 the population was 12,152 showing a population growth of 8.4% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation. In 2011, 57.4% of the homes in Crestmead were owner-occupied compared with 53.8% in 2016.

Crestmead has 4,408 properties. Over the last 5 years, Houses in Crestmead have seen a 117.43% increase in median value, while Units have seen a 108.52% increase. As at 30 November 2024:

  • The median value for Houses in Crestmead is $688,392 while the median value for Units is $598,887.
  • Houses have a median rent of $530 while Units have a median rent of $420.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Crestmead.

Suburb Insights for Crestmead 4132

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Philip Paznikov
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Focal Real Estate - Springwood
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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.