16 O'Connell St, Depot Hill is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 1164m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Traditional Queenslander with polished floors and T & G interior set in a quiet peaceful location just minutes from the CBD. The home is airy and spacious and comes with 3 double bedrooms plus sleep out & office, air conditioned kitchen and dining, separate living and a delightful deck on the Eastern side. The house has been quality renovated throughout and is raised and re-stumped under and sits on a level 1,164m2 allotment with automatic sprinklers and additional side and rear access. The property is well fenced with room for a large shed / storage for a Boat or Plant & Equipment and is located close to the south side boat ramp for the keen fisherman. There is massive useful space under house for fun activity / entertaining, BBQ and Pool Table. Motivated Vendor down sizing Instructions to submit all offers. RENT APPRAISAL: $260.00 per week 8.2% Return on Investment.
The size of Depot Hill is approximately 3.1 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Depot Hill in 2011 was 1,065 people. By 2016 the population was 1,043 showing a population decline of 2.1% in the area during that time. The predominant age group in Depot Hill is 50-59 years. Households in Depot Hill are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Depot Hill work in a labourer occupation. In 2011, 68.9% of the homes in Depot Hill were owner-occupied compared with 60.9% in 2016.
Depot Hill has 561 properties. Over the last 5 years, Houses in Depot Hill have seen a 121.64% increase in median value. As at 31 October 2024:
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