SOLD
Sold on 20 Dec 2023 for $490,000

5/606 South Pine Road
Everton Park QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 111m2
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Property Details for 5/606 South Pine Rd, Everton Park

5/606 South Pine Rd, Everton Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 111m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Everton Park in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
77m2
Land Size
111m2
Local Government
Brisbane
Lot/Plan
5/SP291361

Last Listing description (March 2024)

A few short kilometres from Brisbane's CBD, in the incredibly popular neighbourhood of Everton Park, is where you'll find this contemporary and roomy flat. This spacious 2-bedroom flat is located on a prime location with public transport just a quick walk away. As soon as you walk into this spacious, bright area, you'll be impressed by the smooth arrangement and high-quality finishes. This flat is a fantastic way to break into the incredibly competitive Everton Park real estate market!

This property is currently a DHA rental which is signed until 2026, which does mean you have a guaranteed rental income of the property till 2026 regardless it being tenanted or not if you are an investor. This is a perfect opportunity for you to buy into the highly competitive area of Everton Park at a price that is set to sell.

Property Features:

A large open concept living area encompassing the dining and living areas
A master bedroom with a ceiling fan, air conditioning, and an ensuite
Stunning kitchen with lots of storage, stainless steel appliances, a dishwasher, and stone countertops
Large covered balcony outside, perfect for entertaining
A large second bedroom with a ceiling fan and a built-in wardrobe
Air Conditioner's fitted in all rooms.
Double glazed windows;
Laundry room and linen cabinet - Storage and a secure basement parking
Convenient access to parks, restaurants, transportation, and schools on foot
Body Corp at approx. $2,400 biannual
Current rent of $460 per week

DHA Lease benefits:
DHA guarantees to cover 52 weeks of rent annually, even in the event that the property is unoccupied.
Rent is paid one month in advance, and a recognised valuer reviews it in December each year.
A variety of property-related services are covered by DHA Property Care, an all-inclusive service charge.
Every time a tenancy ends, the property is cleaned.

This location boasts a wealth of walking trails, parkland, playgrounds, and BBQ places to explore and is situated in the ever-popular Everton Park. Buses and the nearby train stations of Enoggera and Mitchelton add variety to the available transportation options. Additionally, Coles, Woolworths, and a variety of cafs and restaurants in the recently finished Laneway sector are all within a few minutes' drive of the property. You are also close to Northside Christian College and Prince of Peace Lutheran College, as well as McDowall State School and Everton Park State High School.

Note that the photos of the property are from, when the property was vacant.

Please contact Shanel Siriwardhena on 0403 501 444 to discuss the property further or to get any further information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 5/606 South Pine Rd, Everton Park, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$490,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $490,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 14 Jun 2022
    Listed for Sale Not Disclosed
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About Everton Park 4053

The size of Everton Park is approximately 4.4 square kilometres. It has 16 parks covering nearly 8.1% of total area. The population of Everton Park in 2011 was 8,325 people. By 2016 the population was 8,870 showing a population growth of 6.5% in the area during that time. The predominant age group in Everton Park is 20-29 years. Households in Everton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Everton Park work in a professional occupation. In 2011, 66.9% of the homes in Everton Park were owner-occupied compared with 61% in 2016.

Everton Park has 5,279 properties. Over the last 5 years, Houses in Everton Park have seen a 83.49% increase in median value, while Units have seen a 76.54% increase. As at 31 October 2024:

  • The median value for Houses in Everton Park is $1,113,620 while the median value for Units is $676,368.
  • Houses have a median rent of $673 while Units have a median rent of $570.
There are currently 35 properties listed for sale, and 20 properties listed for rent in Everton park on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Everton park.

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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.