SOLD
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Sold on 13 Mar 2024 for $582,000

9 Lorikeet Street
Freshwater QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 883m2
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Property Details for 9 Lorikeet St, Freshwater

9 Lorikeet St, Freshwater is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 883m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Freshwater in the last 12 months.

Building Type
House
Land Size
883m2

Last Listing description (March 2024)

POSITION - Perched in an elevated position within the serenity of Freshwater's lush setting, this solid two-story residence (legal height), eagerly awaits an astute new owner to breathe life into its structure and transform it into a contemporary haven for family living or a savvy investment. Sheltered by a private tree-lined location, this property enjoys a unique setting with only one neighbouring residence. A park and a meandering creek border the land, ensuring an idyllic sense of seclusion.

PRIVACY - The property's appeal extends beyond its potential, as native trees thoughtfully planted on the grounds attract a kaleidoscope of butterflies and the vibrant chatter of lorikeets, enhancing the natural charm of this promising abode. Situated at the rear of the property, an ample-sized shed is ready to accommodate various needs. Additionally, discreetly positioned by the tree line at the front, a garden shed offers convenient storage for your outdoor essentials.

POTENTIAL - Awaiting the touch of renovators, speculators and skilled handymen. With dedicated effort, this property stands as a rare and advantageous opportunity to enter the desired Freshwater Market at a remarkably favourable price point. Situated in an area where overcapitalisation would be a challenge, every investment in renovation holds the promise of doubling or even tripling it's cost. It's an invitation to shape a dwelling into a unique haven, a strategic investment that promises both present affordability and substantial future returns.

Additionally, a nearby park and the proximity of Freshwater Primary School, a shopping village, and Freshwater Christian College contribute to the convenience of this location. Cairns Airport is a mere 10-minute drive away, while the closest beach beckons in just 10 minutes, and the vibrant Cairns CBD is a short 15-minute journey.

Summary:
- 4 Bedroom
- 2 Bathroom
- 3 Car Spaces
- Garden Shed
- Spacious Block
- Elevated Position
- Two-story residence (legal height)
- Private Setting
- Convenient location
- Full of Potential

Expressions of Interest closing 5pm Tuesday 5th March if not sold before.

Property History for 9 Lorikeet St, Freshwater, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$582,000
13 Mar 2024
  • 06 Mar 2024
    Sold for $582,000
  • 22 Feb 2024
    Listed for Sale Expressions of Interest closing 5th March
  • 04 Apr 2016
    Sold for $400,000
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About Freshwater 4870

The size of Freshwater is approximately 1.7 square kilometres. It has 10 parks covering nearly 7.1% of total area. The population of Freshwater in 2011 was 2,103 people. By 2016 the population was 2,018 showing a population decline of 4.0% in the area during that time. The predominant age group in Freshwater is 40-49 years. Households in Freshwater are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Freshwater work in a professional occupation. In 2011, 65.9% of the homes in Freshwater were owner-occupied compared with 65.1% in 2016.

Freshwater has 1,160 properties. Over the last 5 years, Houses in Freshwater have seen a 38.15% increase in median value, while Units have seen a 72.53% increase. As at 30 November 2024:

  • The median value for Houses in Freshwater is $755,311 while the median value for Units is $422,713.
  • Houses have a median rent of $665 while Units have a median rent of $490.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Freshwater on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Freshwater.

Suburb Insights for Freshwater 4870

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Billy Gartner
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PROFESSIONALS EDGE HILL
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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.