OFF MARKET

12 Watts Street
Drayton QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
Land area: 733m2
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Property Details for 12 Watts St, Drayton

12 Watts St, Drayton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 733m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2005
Floor Size
96m2
Land Size
733m2
Local Government
Toowoomba Regional
Lot/Plan
6/RP119800

Last Listing description (January 2024)

- Lowset brick duplex
Each unit features:
- 2 good sized air-conditioned built-in bedrooms

- Open plan living areas with air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with both a bath and shower
- Private courtyard (unit 2 with outdoor area)
- Single remote garage

Located just minutes from Drayton Woolworths, Drayton State School, the University of Southern Queensland, Japanese Gardens and Darling Heights State School, 12 Watts Street is an ideal investment opportunity, you can live in one and rent out the other, or simply purchase one to nest or invest in.

Unit 1, positioned to the front of the quiet duplex features 2 carpeted bedrooms, both with large built-in cupboards and reverse cycle air-conditioning, good sized separate lounge room and spacious open plan living and dining space boasting reverse cycle air-conditioning and tiled flooring. The modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, dishwasher, corner pantry and a breakfast bar, and the family bathroom has a both a separate shower and bath and extra large vanity, the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access, the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Unit 1 is currently rented at $300 per week until July 2022, with a 12 month lease renewal signed at $350 per week from 12th July 2022.

Unit 2 is located to the rear of Unit 1 so is completely private and set back from the street. It features 2 carpeted, built-in bedrooms, each boasting reverse cycle air-conditioning. The kitchen, lounge and dining area is all open plan and has reverse cycle air-conditioning with tiled flooring, and the modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, pantry, island bench and a dishwasher. The family bathroom has a separate shower, separate bath and vanity and the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access and the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Externally there is a small patio in the private courtyard. Unit 2 is currently rented at $290 per week until September 2022.

Investors - The complex is currently returning $590 per week with the potential to increase to a total of $700 per week subject to market conditions (Rent appraised at $350 per week per unit). The tenants of Unit 1 have just signed a 12 month renewal at $350 per week commencing on the 12th of July 2022.

Rent both units and reap the rewards, move into one and rent the other ... there are plenty of options to consider! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,111.85 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School

Home Built: 2005

Property History for 12 Watts St, Drayton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$651,000
21 Apr 2022
Listed for Rent
$255/w
12 Jan 2010
  • 21 Apr 2022
    Sold for $651,000
  • 11 Apr 2022
    Listed for Sale UNDER CONTRACT
  • 04 Aug 2020
    Listed for Rent $280 / week
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About Drayton 4350

The size of Drayton is approximately 10.5 square kilometres. It has 15 parks covering nearly 9.7% of total area. The population of Drayton in 2011 was 1,608 people. By 2016 the population was 1,721 showing a population growth of 7.0% in the area during that time. The predominant age group in Drayton is 20-29 years. Households in Drayton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drayton work in a trades occupation. In 2011, 59.2% of the homes in Drayton were owner-occupied compared with 59.9% in 2016.

Drayton has 1,180 properties. Over the last 5 years, Houses in Drayton have seen a 84.05% increase in median value, while Units have seen a 33.64% increase. As at 31 July 2024:

  • The median value for Houses in Drayton is $658,211 while the median value for Units is $349,488.
  • Houses have a median rent of $460 while Units have a median rent of $370.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Drayton on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Drayton.

Suburb Insights for Drayton 4350

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Disclaimer
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.