51 Darra AvenueDarra QLD 4076
Property Details for 51 Darra Ave, Darra
51 Darra Ave, Darra is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 1287m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (February 2016)
This has to be one the best buying opportunities in Darra, set on a massive 1287m2 block and currently earning $480 per week gross return, is this solid concrete block and tile property.
Comprising a 2 bedroom unit and a one bedroom unit and currently rented out at $250 and $230 per week respectively, on lease until February and April 2016 and with the possible potential to subdivide (subject to BCC approval) has this well located property showing potentially outstanding returns.
Unit 1 (2 bedroom) has a tiled living room, tiled Kitchen and laundry combined, large fully tiled bathroom, carpet in one bedroom, tiled in the main bedroom (large) and some rooms have ceiling fans.
Situated only a short walk from the Darra Train Station, Shops and Bus Stops, makes for convenience and easily rentable homes, each with potential for higher returns with some renovation or continue to rent as is, and explore the potential to subdivide.
With the block dimensions of 17 metres x 75 metres deep and the existing building located towards the front allows for multiple uses for the rear yard.
Good investment opportunities are hard to find, especially in Darra, call me now to get an information sheet on this unique property or to secure your opportunity to offer.
Property History for 51 Darra Ave, Darra, QLD 4076
- 14 Dec 2015Sold for $485,000
- 30 Nov 2015Listed for Sale Offers over $450,000
- 19 Jun 2009Listed for Rent - Price not available
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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 2,169 properties. Over the last 5 years, Houses in Darra have seen a 84.54% increase in median value, while Units have seen a 74.87% increase. As at 30 September 2024:
- The median value for Houses in Darra is $780,238 while the median value for Units is $609,561.
- Houses have a median rent of $550 while Units have a median rent of $380.
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