SOLD
Sold on 02 Aug 2024 for $785,000

72 Waratah Drive
Crestmead QLD 4132

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 85m2
Land area: 600m2
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Property Details for 72 Waratah Dr, Crestmead

72 Waratah Dr, Crestmead is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 600m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Crestmead in the last 12 months.

Building Type
House
Year Built
1983
Floor Size
85m2
Land Size
600m2
Local Government
Logan City
Lot/Plan
363/RP183329

Last Listing description (September 2024)

Offers over $799,999.

The 2 story house rents for $450.00 per week with a current lease well in to 2025, the granny flat also with a long lease rents for $365.00.

Moving forward to 2025, we'd suggest that the main house will rent for over $500.00 per week and the granny flat would attract a tenant around or perhaps over $400 per week.

Crazy Numbers but true!

If youve been looking for an awesome investment or you are a massive family still growing, look at this.

The first home (the original home) is a high set home with 3 bedrooms large living area and recently renovated kitchen. Downstairs can be further developed into more living areas, rumpus, workshop etc, it currently offers lock up storage for 2 cars.

The second home is a modern 2-bedroom granny flat that has a airy and spacious. Especially the large deck (entertaining area) along side the entry, prefect for those BBQ or Sunday lunch with friend and family.

The photos show it all clearly and it is well built, very functional and packaged with the other home, this is a terrific holiday. Retirees may be interested in teaming with their children allowing room for the caravan and a perfect combination for after school care with the kids.

A massive return from both properties, it is such a safe bet. Transport at your door, 2 primary schools and 1 high school all withing walking distance, as are shops, doctors, and an array of food outlets.

Realistic Seller says - Submit Your Offer!

Property History for 72 Waratah Dr, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$785,000
02 Aug 2024
Listed for Rent
$290/w
19 Jun 2019
  • 02 Aug 2024
    Sold for $785,000
  • 01 Jul 2024
    Listed for Sale Offers over $799,999... Two Incomes on 1 Block!
  • 10 Jun 2019
    Listed for Rent $290 / 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 4,384 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.
There are currently 9 properties listed for sale, and 18 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Crestmead.

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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.