14/192 Wellington Rd, East Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Looking to purchase cash flow stress free investment? Then look no further as The Wellington in East Brisbane offers perfect location, great facilities at a fraction of the cost.
The studio apartment is a great little investment ideal for the Superannuation Fund.
As a vendor you are not able to occupy the apartment nor are you able to lease the apartment on a long term lease, as the apartment is purely investment only however owners are able to occupy the apartment on occasional basis.
The size of East Brisbane is approximately 2 square kilometres. It has 10 parks covering nearly 8.6% of total area. The population of East Brisbane in 2011 was 5,598 people. By 2016 the population was 5,932 showing a population growth of 6.0% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation. In 2011, 44.7% of the homes in East Brisbane were owner-occupied compared with 40.7% in 2016.
East Brisbane has 3,737 properties. Over the last 5 years, Houses in East Brisbane have seen a 69.26% increase in median value, while Units have seen a 61.36% increase. As at 31 October 2024:
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