22 Ironwood StreetCrestmead QLD 4132
Property Details for 22 Ironwood St, Crestmead
22 Ironwood St, Crestmead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 671m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (August 2020)
Affordable, High Yield, No Fuss, and a Long-Term Tenant Bingo!
Let's cut to the chase! This investment property has a happy long-term tenant on a current lease agreement until Feb 2021, at an impressive $345 a week. There's room to increase your returns with cosmetic touch ups and improvements, or leave as-is ticking along as it has been with this tenant for the last 5 years.
You're looking at a classic, modest low set 3 bed 1 bath home. It comes with ceiling fans, built in robes, and a two-way en suite style bathroom with a separate bath and shower. The kitchen is original, but excellently maintained and there's a dedicated laundry, undercover entertaining area, and a fully fenced yard with side access and powered shed all the essentials are here!
Location wise too, it's a real winner. Situated on a quiet street a mere 450m from Crestmead Central local shops including medical, convenience, and takeaway stores, and an easy 350m from the local bus stop, the positioning is simply ideal. There's a plethora of schools in the immediate vicinity including the esteemed St Francis College and more substantial shopping including Woolworth just 1.9k's away.
This airtight investment is offered at a realistic and economical price point, ensuring attractive returns. Call Michael to run the numbers and discuss how this property will perform for you!
Property History for 22 Ironwood St, Crestmead, QLD 4132
- 26 Jun 2020Sold for $292,000
- 26 May 2020Listed for Sale $299,000
- 29 Sep 2015Listed 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 4,385 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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