SOLD
Sold on 01 Jul 2024 for $1,445,000

27 Ernest Street
Gaythorne QLD 4051

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 810m2
Sold By
Matthew Jabs
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Ross Armstrong
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Property Details for 27 Ernest St, Gaythorne

27 Ernest St, Gaythorne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 810m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Gaythorne in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
93m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
22/RP20237

Last Listing description (August 2024)

Presenting 25-27 Ernest Street, Gaythorne - A prime post war timber home perched on two lots in an ever-popular pocket of Gaythorne.

This property is a truly a unique offering.

The property would be ideal for a long-term rental or ready-made development site for two new homes with no sub-division needed. Positioned in a quiet street, and surrounded by renovated and new homes, this is the perfect opportunity to purchase in one of Brisbane's most sought-after pockets, just 7km to the CBD. With a great tenant in place until the 23rd of September 2024, this is the ideal time to purchase and extend the tenant's lease or start your next project.

The Property In Summary:
- A total area of 810m2 sitting on two lots (One title).
- Post war home which can be renovated, removed or demolished (STCA).
- Very level parcel of land (and easy to build on).
- Currently rented to great tenant until 23/09/24.

Situated in the leafy suburb of Gaythorne, just seven kilometres north-west of Brisbane's CBD, this delightful home combines inner-city convenience and neighbourhood charm. Well positioned nearby the Enoggera Barracks, educational facilities, Brookside Shopping Centre, Blackwood Street dining precinct along with Gaythorne and Enoggera railway stations. The home is also within close proximity to reputable schools including Mt. Maria College, Hillbrook Anglican School, and Enoggera State School.

The property is within walking distance to the following:
- 260m to Bliss Street Playground
- 450m to John French Memorial Park
- 750m to Mitchelton Library
- 950m to Gaythorne Bowls club and parkland
- 1km to Gaythorne RSL
- 1.3km to Gaythorne Train station
- 1.9km to Brookside

With the 2032 Olympic and Paralympic Games to be held in Brisbane, Gaythorne is certainly an suburb where capital growth is assured for years to come.

For further details on this incredible opportunity, please call Matthew Jabs on 0422 294 272 or Ross Armstrong on 0409 299 653.

** Disclaimer** This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Property History for 27 Ernest St, Gaythorne, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$1,445,000
01 Jul 2024
Listed for Rent
$375/w
23 Sep 2019
  • 01 Jul 2024
    Sold for $1,445,000
  • 24 Jun 2024
    Listed for Sale SOLD
  • 13 Sep 2019
    Listed for Rent - Price not available
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About Gaythorne 4051

The size of Gaythorne is approximately 1 square kilometres. It has 9 parks covering nearly 10.6% of total area. The population of Gaythorne in 2011 was 2,654 people. By 2016 the population was 3,036 showing a population growth of 14.4% in the area during that time. The predominant age group in Gaythorne is 20-29 years. Households in Gaythorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gaythorne work in a professional occupation. In 2011, 41.9% of the homes in Gaythorne were owner-occupied compared with 39.2% in 2016.

Gaythorne has 1,917 properties. Over the last 5 years, Houses in Gaythorne have seen a 77.38% increase in median value, while Units have seen a 81.97% increase. As at 30 September 2024:

  • The median value for Houses in Gaythorne is $1,219,319 while the median value for Units is $664,166.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Gaythorne on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Gaythorne.

Suburb Insights for Gaythorne 4051

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Contact agent
Matthew Jabs
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Ross Armstrong
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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.