16 Lycoris StreetCrestmead QLD 4132
Property Details for 16 Lycoris St, Crestmead
16 Lycoris St, Crestmead is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 600m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Crestmead in the last 12 months.
Last Listing description (November 2024)
Welcome to 16 Lycoris Street, Crestmead-a fantastic investment opportunity with a solid return. This 4-bedroom, 1-bathroom home is currently rented at $550 per week until October next year, with long-term tenants in place who have clearly made this property their own.
For investors, this means immediate rental income and peace of mind knowing your investment is well cared for.
The property itself is designed for comfortable living, with ceiling fans throughout and air-conditioning in the main living area. The four bedrooms all feature built-in robes, offering ample storage and keeping the rooms tidy and organised.
Investors will appreciate the steady income stream from this well-maintained property, as well as its location in a popular and growing suburb. Crestmead offers easy access to local schools, parks, and shopping centres, making it an attractive option for tenants.
Key Features:
-Currently rented at $550 per week until October 2025 on fixed lease
-Long-term tenants in place
-Ceiling fans throughout
-Air-conditioning in the main living area
Surrounded in gardens, parks and wide streets Crestmead is one of the most popular suburbs in Logan. With infrastructure growth already in place and continuing towards the 2032 Olympics this is certainly a great place to invest now.
Forming "Key Pillars" in the Logan Enhancement Project, the Crestmead Industrial and Logistics Estate is just one of
many projects throughout the suburb that are generating jobs, growth and opportunity unlike any other suburb within SEQ. Don't miss the opportunity to own your investment in this prime location.
Disclaimer: While we strive for accuracy, all information provided is sourced to the best of our knowledge. We cannot guarantee its accuracy and assume no liability for errors or omissions. Measurements, times, and distances are approximate, and any boundary outlines depicted in photos are indicative. Interested parties are encouraged to conduct their own due diligence regarding the property.
Property History for 16 Lycoris St, Crestmead, QLD 4132
- 07 Nov 2024Sold for $710,000
- 20 Aug 2024Listed for Sale OFFERS OVER $699,000
- 26 May 2022Sold for $525,000
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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 4,383 properties. Over the last 5 years, Houses in Crestmead have seen a 115.16% increase in median value, while Units have seen a 94.87% increase. As at 31 October 2024:
- The median value for Houses in Crestmead is $680,780 while the median value for Units is $575,877.
- Houses have a median rent of $530 while Units have a median rent of $423.
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