OFF MARKET

55 Killarney Avenue
Darra QLD 4076

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 1012m2
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Last updated 11 Nov 2024
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Property Details for 55 Killarney Ave, Darra

55 Killarney Ave, Darra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1012m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Year Built
1960
Floor Size
81m2
Land Size
1012m2
Local Government
Brisbane
Lot/Plan
133/RP29723

Last Listing description (March 2019)

This well located 1012m2 site is in the zone for development to 3 levels and is within easy walking distance to everything, plus a great rental in the interim. This solid home is currently tenanted (to February 2019) with the added benefit of future development potential. The opportunity exists to renovate at the end of the lease and potentially generate a higher return on this property.
Options include sub-division, building up to 12 units (subject to BCC approval) or land banking for the future.
Located at the top of Killarney Ave this site offers a prime location along with the convenience of a short walk - literally minutes to the train, bus, local shops and more. With 3 bedrooms, one bath and loads of storage underneath, this traditional family home offers a secure rental income until it s time to develop.

With few 1012m2 sites available and a vendor committed to selling, here is an opportunity to secure this prime site now and be part of the future of Darra.
Call now to discuss as good sites are selling fast.

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Property History for 55 Killarney Ave, Darra, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$565,000
15 Jan 2019
Listed for Rent
$350/w
29 Jan 2015
  • 15 Jan 2019
    Sold for $565,000
  • 06 Nov 2018
    Listed for Sale $589,000 NEG
  • 25 Oct 2017
    Sold for $515,000
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About 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 2,159 properties. Over the last 5 years, Houses in Darra have seen a 82.10% increase in median value, while Units have seen a 87.03% increase. As at 31 October 2024:

  • The median value for Houses in Darra is $754,433 while the median value for Units is $622,154.
  • Houses have a median rent of $550 while Units have a median rent of $370.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Darra on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Darra.

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