7 Diva LaneGlenvale QLD 4350
Property Details for 7 Diva Lane, Glenvale
7 Diva Lane, Glenvale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 462m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Glenvale in the last 12 months.
Last Listing description (May 2024)
7 Diva Lane, Glenvale - a duplex only 7 years old offering a stable income stream in a sought-after locale.
Investors will appreciate the fully-leased nature of the property, and its blue-chip suburb known for its enduring appeal and strong market performance. With consistent rental demand and potential for capital appreciation, 7 Diva Lane presents a secure investment opportunity in a thriving real estate market.
Excellent tenancies and easy maintenance. Each unit has 3 bedrooms with ensuites, B/I robes in all bedrooms. Open plan lounge/ dining area with good size kitchen. Patio with private courtyard, single remote lock up garage, and the duplex is fenced on 3 sides for privacy. Air-conditioning in the main living and master bedroom.
- 2 x 3 bedrooms, 2 bathrooms and single remote lock up garage
- Current rental return of $840 per week until July 24 with an expected increase
- On one title therefore no body corporate fees.
- Council rates - $1589.29 Net half yearly
- Water rates - $315.29 Net half yearly
Inspections By Appointment Only - Call to arrange.
Property History for 7 Diva Lane, Glenvale, QLD 4350
- 09 Apr 2024Sold for $787,000
- 28 Mar 2024Listed for Sale Under Contract
- 26 Oct 2018Listed for Rent - Price not available
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About Glenvale 4350
The size of Glenvale is approximately 14.6 square kilometres. It has 18 parks covering nearly 11.4% of total area. The population of Glenvale in 2011 was 5,405 people. By 2016 the population was 6,347 showing a population growth of 17.4% in the area during that time. The predominant age group in Glenvale is 20-29 years. Households in Glenvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenvale work in a trades occupation. In 2011, 65.8% of the homes in Glenvale were owner-occupied compared with 58% in 2016.
Glenvale has 4,063 properties. Over the last 5 years, Houses in Glenvale have seen a 63.93% increase in median value, while Units have seen a 68.50% increase. As at 31 July 2024:
- The median value for Houses in Glenvale is $633,859 while the median value for Units is $460,027.
- Houses have a median rent of $500 while Units have a median rent of $420.
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