SOLD
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Sold on 16 Jul 2024 for $269,500

7/90-92 Hugh Street
Garbutt QLD 4814

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/90-92 Hugh St, Garbutt

7/90-92 Hugh St, Garbutt is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Garbutt in the last 12 months.

Building Type
Apartment

Last Listing description (July 2024)

For the seasoned investor or the first-time investor this property presents an excellent investment opportunity. Leased until February 2025 and achieving $390 per week this property is well maintained and well-kept by the tenant. We cannot offer vacant possession on this property.
Light, bright, and breezy this first floor 2-bedroom unit is located in a distinctive architecturally designed complex at the end of a cul-de-sac opposite parkland and just minutes from the city, The Strand, public transport and all the city has to offer.

Property Features:
•Secure access to unit block
•Open plan tiled living area
•Modern kitchen with pantry and ample bench and cupboard space
•Tiled balcony off living with parkland views
•Walk in robe to main bedroom. Built in robe to 2nd bedroom
•Spacious 2-way bathroom. Direct access from main bedroom
•Internal laundry
•Study nook
•Storeroom
•Single car accommodation

Location:
•Short drive to the city, The Strand, and a choice of dining and recreational options
•Short walk to park, and sporting facilities
•Minutes to local shops and a choice of food outlets

*VIRTUAL FURNITURE USED FOR MARKETING PURPOSES

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

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Property History for 7/90-92 Hugh St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$269,500
16 Jul 2024
Listed for Rent
$330/w
31 Jan 2023
  • 16 Jul 2024
    Sold for $269,500
  • 04 Jul 2024
    Listed for Sale $269,000 NEG
  • 23 Jan 2024
    Listed for Rent $390 / 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 2,422 properties. Over the last 5 years, Houses in Garbutt have seen a 87.92% increase in median value, while Units have seen a 67.41% increase. As at 30 November 2024:

  • The median value for Houses in Garbutt is $522,579 while the median value for Units is $318,264.
  • Houses have a median rent of $473 while Units have a median rent of $365.
There are currently 15 properties listed for sale, and 32 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Garbutt.

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