SOLD
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Sold on 08 Apr 2024 for $810,000

1A/1 Bruce Baker Crescent
Crestmead QLD 4132

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 110m2
Land area: 630m2
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Property Details for 1a/1 Bruce Baker Cres, Crestmead

1a/1 Bruce Baker Cres, Crestmead is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 630m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Crestmead in the last 12 months.

Building Type
House
Floor Size
110m2
Land Size
630m2
Local Government
Logan City

Last Listing description (April 2024)

A fantastic investment opportunity awaits the savvy investor with this dual-key property which has both exceptional tenants plus sensational returns. Built in 2016 this generous size property is earning an impressive $870 per week will ensure a stress-free investment.

A quiet street opposite to the council bushland, each side is a separate self-contained home consisting of 3 bedrooms, 2 bathrooms & open plan living to one side & a 2 bedroom, 1 bathroom open planned living dwelling on the other side, both with their own secure car spaces including remote doors, air con in the master bedrooms, ceiling fans, as well as their own alfresco area with fully fenced backyards.

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.

FEATURES LIST:
Large dual key brick & render home with tiled roof
Separate meters for both water and electricity
Concrete aggregate driveway
Electric hot water
Block size 630m2 allotment

Unit 1 - Currently rented @ $480 per week - lease in place to December 2024.
Unit 2 - Currently rented @ $390 per week - lease in place to November 2024.

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Property History for 1a/1 Bruce Baker Cres, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$810,000
08 Apr 2024
Listed for Rent
$450/w
07 Nov 2022
  • 08 Apr 2024
    Sold for $810,000
  • 17 Feb 2024
    Listed for Sale Buyers over $799,000
  • 07 Nov 2022
    Listed for Rent $450 / week
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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 107.49% increase in median value, while Units have seen a 87.14% increase. As at 31 July 2024:

  • The median value for Houses in Crestmead is $644,842 while the median value for Units is $587,037.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Crestmead.

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