4 Killarney AvenueDarra QLD 4076
Property Details for 4 Killarney Ave, Darra
4 Killarney Ave, Darra is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 812m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Darra in the last 12 months.
Last Listing description (November 2024)
This unique site is now available and offers a rare opportunity to buy one of the best located homes/development sites in Darra. With multiple options this site offers a great chance to do your own thing here. Renovate, build, develop.
Currently a 3 bedroom colonial style home tenanted until late November, with a 10kw roof solar generation system, here is the chance to get established with this solid investment opportunity, there is potential to develop now or in the future.
The home itself currently offers a holding income of $550 week.
With a DA in place for 4 x 3 bedroom townhouses and with a number of unit and townhouse developments now under way in Darra, the timing is right to be buying sites like this.
Being a 812m2 block, corner position and located literally metres to the Darra Train/bus interchange, an easy walk to local shops, schools, and 3 childcare centres, makes this one of the most convenient locations in the area.
This site is located within the Medium Density Residential Zone, build up to 5 levels and with an approved plan in place gives a buyer security knowing that the potential to develop it is a surety. With council rates approx. $516 quarter, Water approx. $292 quarter
For further details or to discuss this property please do text, call or email for further information, copies of the approved plan or to discuss making an offer via an Expression of Interest Offer Form.
With a number of homes in Darra recently achieving sale prices in excess of $1 million, and a rarity in the area and development sites in high demand in the area, plus due to the demand for new homes, units and townhouses, this well located site is sure to offer a great future for the astute investor.
Property History for 4 Killarney Ave, Darra, QLD 4076
- 08 Nov 2024Sold for $952,000
- 23 Oct 2024Listed for Sale Offers over $890,000
- 24 Mar 2021Listed for Rent $450 / week
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0About Darra 4076
The size of Darra is approximately 5.5 square kilometres. It has 13 parks covering nearly 11.3% of total area. The population of Darra in 2011 was 3,838 people. By 2016 the population was 4,350 showing a population growth of 13.3% in the area during that time. The predominant age group in Darra is 20-29 years. Households in Darra are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Darra work in a professional occupation. In 2011, 59.2% of the homes in Darra were owner-occupied compared with 55.3% in 2016.
Darra has 2,178 properties. Over the last 5 years, Houses in Darra have seen a 85.52% increase in median value, while Units have seen a 91.98% increase. As at 31 December 2024:
- The median value for Houses in Darra is $767,983 while the median value for Units is $637,073.
- Houses have a median rent of $550 while Units have a median rent of $385.
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