OFF MARKET

14 Denning Street
Fernvale QLD 4306

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Floor area: 97m2
Land area: 800m2
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Property Details for 14 Denning St, Fernvale

14 Denning St, Fernvale is a 6 bedroom, 4 bathroom House with 4 parking spaces and was built in 2015. The property has a land size of 800m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2015
Floor Size
97m2
Land Size
800m2
Local Government
Somerset Regional
Lot/Plan
24/SP226132

Last Listing description (February 2024)

14 Denning Street in Fernvale offers an exceptional investment opportunity or an ideal extended family situation. This modern property, is situated on a spacious 800sqm corner block, providing both convenience and a country atmosphere. With two duplex units, this property generates a total return of $710 per week, with each unit offering its own unique features and benefits.

Unit 1, with a lease end date of 11/03/2024, presents a fantastic rental prospect. This well-appointed unit consists of an open plan lounge, dining, and galley style kitchen, which is air-conditioned for optimal comfort. With three bedrooms featuring built-in robes and overhead fans, this unit is designed to accommodate a family or a group of tenants. The master bedroom is complemented by an en-suite bathroom and an overhead fan. The kitchen boasts stone bench tops, a stainless steel wall oven, cooktop, and dishwasher, ensuring a stylish and functional culinary experience. The outdoor entertaining area, double remote garage, solar power, solar hot water, low maintenance gardens, and fully fenced property further enhance the appeal and convenience of this unit.

Unit 2, with a lease end date of 27/11/2023, offers a great opportunity. Similar to Unit 1, this unit provides an open plan layout, complete with an air-conditioned lounge, dining, and galley style kitchen. With three bedrooms featuring built-in robes and overhead fans, this unit offers comfortable accommodation. The master bedroom includes an en-suite bathroom and an overhead fan, providing a private retreat for the occupants. The well-equipped kitchen showcases stone bench tops, a stainless steel wall oven, cooktop, and dishwasher. The unit also features an outdoor entertaining area, double remote garage, solar power, solar hot water, low maintenance gardens, and a fully fenced property.

Situated in Fernvale, just 20 minutes north of Ipswich and 45 minutes to Brisbane, 14 Denning Street benefits from its prime location in the fastest growing area of the Brisbane Valley Region. Residents will appreciate the close proximity to the local State School, as well as the convenience of the nearby township of Fernvale. Within walking distance, residents can access a range of amenities, including Woolworths, specialty shops, a local butcher, Pizza Hut, Subway, a post office, coffee shops, a pub/tavern, the famous bakery, weekend markets, childcare facilities, and a hardware store. Additionally, nature enthusiasts will find enjoyment in nearby attractions such as Wivenhoe Dam and local watering holes, perfect for fishing and swimming.

Fernvale, known for its family-friendly environment and appeal to retirees, offers a unique blend of country charm and city convenience. With its modern design, quality finishes, and desirable features, 14 Denning Street represents an excellent investment opportunity. Don't miss out on the chance to secure this property and enjoy the benefits of an attractive rental return, a sought-after location, and the comfort and convenience of a well-appointed duplex.

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 14 Denning St, Fernvale, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$671,000
23 May 2023
  • 23 May 2023
    Sold for $671,000
  • 15 May 2023
    Listed for Sale Price Guide $650,000-$700,000
  • 21 Apr 2022
    Listed for Sale Offers Over $500,000
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About Fernvale 4306

The size of Fernvale is approximately 27.8 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Fernvale in 2011 was 2,367 people. By 2016 the population was 3,203 showing a population growth of 35.3% in the area during that time. The predominant age group in Fernvale is 0-9 years. Households in Fernvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernvale work in a trades occupation. In 2011, 73.9% of the homes in Fernvale were owner-occupied compared with 65.8% in 2016.

Fernvale has 1,701 properties. Over the last 5 years, Houses in Fernvale have seen a 115.04% increase in median value, while Units have seen a 166.17% increase. As at 30 November 2024:

  • The median value for Houses in Fernvale is $736,083 while the median value for Units is $592,879.
  • Houses have a median rent of $560.
There are currently 17 properties listed for sale, and 1 property listed for rent in Fernvale on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Fernvale.

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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.