5 Sinclair StreetEast Brisbane QLD 4169
Property Details for 5 Sinclair St, East Brisbane
5 Sinclair St, East Brisbane is a 18 bedroom, 3 bathroom Unit. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
No need to guesstimate on the reliability of this Rooming House. Thirty years of results to peruse. Consistent, long term performance with a gross income of $140K per annum. At a time when money in the bank rewards an investor at an interest rate of 1.5%, this is worthy of investment.
In the hands of a Property Manager worth her weight in gold. 18 Registered Rooms with a mixture of long (long) term occupiers and short term tenants in need. Renovated kitchen; solar panels and outdoor space for tenants enjoyment.
Occupancy rate exceeds 80%
Property History for 5 Sinclair St, East Brisbane, QLD 4169
- 19 Apr 2021Sold for $1,200,000
- 04 Nov 2020Listed for Sale CONTACT AGENT
- 14 May 2019Sold for $1,160,000
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About East Brisbane 4169
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:
- The median value for Houses in East Brisbane is $1,474,552 while the median value for Units is $696,747.
- Houses have a median rent of $760 while Units have a median rent of $595.
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