SOLD
Sold on 16 Dec 2023 for $245,000

2/84-86 Dearness Street
Garbutt QLD 4814

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 125m2
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Property Details for 2/84-86 Dearness St, Garbutt

2/84-86 Dearness St, Garbutt is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 125m2 and floor size of 91m2. 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 Garbutt in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
91m2
Land Size
125m2
Local Government
Townsville City
Lot/Plan
2/SP208517

Last Listing description (November 2023)

Situated down the furthest end of the complex, this gorgeous two bedroom apartment is a great way of entering the property market in a location so close to everything.

The complex is kept in wonderful condition and is such an inviting community. An electric sliding gate at the front provides security and privacy but there is plenty of on-site parking for when you have visitors pop over. A shared pool is accompanied by a picnic table for enjoying the North QLD summer.

The unit itself is split over two levels. A secure car park for your vehicle or extra storage is a handy bonus.

Take the steps up to level two and you'll find two generous bedrooms, both with their own ensuite. The master has the added bonus of a massive walk-in wardrobe and a private balcony for enjoying a morning coffee beneath the shady trees.

Downstairs, the open living and dining is customisable to your requirements. Split system aircon helps keep everything cool while you're cooking up a storm in the light and airy kitchen.

Out back you've got your very own courtyard for relaxing outside and enjoying the fresh air.

With a tenant in place till early 2024 paying $350/week, this will be an exciting prospect for investors and with the returns in the complex now pushing up above $400/week, the future potential is very promising!

Body corporate fees are reasonable considering the complex offerings - $1752.06/quarter inclusive of building insurance, pool maintenance, electric gate and complex maintenance.

With respect to the tenants privacy, we've utilised PREVIOUS marketing pictures from prior to this tenancy. The tenants have kindly allowed a video walk through tour which can be shared to you at your request.

* Two bathrooms!
* Pool On-site
* Secure complex
* Central location
* Lock up and leave
* Great rental return!

Property History for 2/84-86 Dearness St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$245,000
16 Dec 2023
Listed for Rent
$300/w
21 Oct 2021
  • 16 Dec 2023
    Sold for $245,000
  • 14 Nov 2023
    Listed for Sale Offers over $249,000
  • 05 Oct 2021
    Listed for Rent $300 / week
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About Garbutt 4814

The size of Garbutt is approximately 12 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2011 was 2,482 people. By 2016 the population was 2,425 showing a population decline of 2.3% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Garbutt work in a trades occupation. In 2011, 37.8% of the homes in Garbutt were owner-occupied compared with 37.5% in 2016.

Garbutt has 2,408 properties. Over the last 5 years, Houses in Garbutt have seen a 81.00% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:

  • The median value for Houses in Garbutt is $501,793 while the median value for Units is $308,611.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 15 properties listed for sale, and 29 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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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.