2/7 Billabong DriveCrestmead QLD 4132
Property Details for 2/7 Billabong Dr, Crestmead
2/7 Billabong Dr, Crestmead is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 367m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Crestmead in the last 12 months.
Last Listing description (March 2024)
Introducing a lucrative investment opportunity at 2/7 Billabong Drive, Crestmead - an ideal property for savvy investors seeking a strong rental return. This well-maintained residence boasts 3 bedrooms, 1 bathroom, and a single-car garage, making it an attractive option for tenants.
Currently achieving a rental income of $450 per week, this property offers a consistent cash flow for investors. The interior features ceiling fans throughout, 3 well sized bedrooms, 1 family sized bathroom and an open living space. The practical and functional layout adds to the property's appeal, making it a desirable choice for a wide range of tenants.
With body corporate fees at approximately $15 per week, this is the ideal investment opportunity.
The low-maintenance yard is a key highlight, providing a hassle-free investment experience. Investors can enjoy peace of mind knowing that the property requires minimal upkeep while still delivering a competitive rental return.
Features:
-Easily Maintained Yard
-Tenanted at $450 per week until June
-Ceiling Fans Throughout
-3 Well Sized Bedrooms
-Family Size Bathroom with Bathtub
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 own home or investment in this prime location.
Contact us today to arrange an inspection and see for yourself why this property is the perfect move for your portfolio. This one won't wait, so don't delay - call the Cory Boyd Team today!
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Furthermore, any stated areas, measurements, times and distances are approximate only and any boundary outlines in photos are indicative only. Interested parties should make their own enquiries in relation to the property and as to the accuracy of any information.
Property History for 2/7 Billabong Dr, Crestmead, QLD 4132
- 13 Mar 2024Sold for $485,000
- 23 Feb 2024Listed for Sale AUCTION IF NOT SOLD PRIOR
- 20 Feb 2023Listed for Rent $450 / week
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0About 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.
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