OFF MARKET

2/234 Brisbane Terrace
Goodna QLD 4300

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 85m2
Land area: 816m2
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Property Details for 2/234 Brisbane Tce, Goodna

2/234 Brisbane Tce, Goodna is a 0 bedroom, 0 bathroom Unit with 4 parking spaces and was built in 1990. The property has a land size of 816m2 and floor size of 85m2.

Building Type
Unit
Year Built
1990
Floor Size
85m2
Land Size
816m2
Local Government
Ipswich

Last Listing description (May 2020)

This is an absolute money maker! A rare cash flow positive investment with plenty of upside. Flood free, close to transport and very low maintenance. It doesn't get any better than this with two streams of income for a price which might just purchase one property elsewhere. Cash buyers can expect over 6% gross return excluding the additional benefits of depreciation and annual growth of the market. (financial summary available upon request). Great investment or why not live in one and rent out the other?

What we have here on offer is a "duplex", or two x 3 bedroom homes, with an adjoining centre wall. There are no steps in either home so they are suitable for all ages. You will also find they are security screened and each feature a lock-up garage, it's own off-street parking area for a second vehicle plus a garden shed for additional storage.

You can't beat the convenience of a bus stop right at your front door and Goodna Railway Station is also within walking distance. It's also an easy stroll to the Goodna Aquatic Centre, Goodna Services Club and the Goodna Eagles Leagues Club. There's two golf courses within a few kilometres and the area is served by the soon-to-be-upgraded St Ives Shopping Centre as well as nearby Redbank Plaza. The nearby Ipswich Motorway provides freeway conditions (i.e. no traffic lights) to the Sunshine Coast, Gold Coast, Brisbane Airport and Toowoomba. Goodna's convenient position ensures that growth in local real estate prices is inevitable.

The local area is a tremendous hot spot for jobs and will be into the future. Goodna is almost exactly midway between the Brisbane CBD and Ipswich CBD. The suburb was designated by the Queensland Government in the SEQ Plan as "a major activity centre", a transport oriented development centre and as an economic activity centre. There are loads of jobs in the area and many more on the way with an exceptional amount of new development. Here's just a few of the reasons why this area is a solid investment right now and more importantly into the future.

Area Snap Shot:
- Coles are to build a 70,000 square metre distribution centre at Redbank creating hundreds of additional local jobs.
- The Redbank Motorway Industrial Estate (just over 1 km away) is currently home to TNT, Northline, DB Schenker and Tyres4U. It will be joined by the Rheinmetall Military Vehicle Centre Of Excellence in 2020 with around 350 new employees.
- Australia Post has just built the largest parcel facility and delivery centre in the Southern Hemisphere nearby.
- Costco's 2nd Queensland store employs 280 staff at Bundamba (about 8 kilometres away).
- Ipswich Central is a $150 million project underway to revitalise the Ipswich CBD.
- Ipswich Hospital is to undergo a $120 million expansion.
- A major rail maintenance facility with around 100 employees is just over 1 km away.
- A new estate of 260 homes is to be built in Goodna and has council approval in place.

Goodna is an area with a long and proud history on the banks of the Brisbane River. It should be noted that this property was unaffected by the flood in 2011. Inspection is by appointment only - call now!

Property History for 2/234 Brisbane Tce, Goodna, QLD 4300

A timeline of how this property has performed in the market
  • 02 Nov 2019
    Listed for Sale UNDER CONTRACT
  • 31 Jul 2019
    Listed for Sale Great Investment Now $475,000+
  • 15 Sep 2018
    Listed for Sale $499,000

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About Goodna 4300

The size of Goodna is approximately 7.9 square kilometres. It has 27 parks covering nearly 10.5% of total area. The population of Goodna in 2011 was 8,775 people. By 2016 the population was 10,479 showing a population growth of 19.4% in the area during that time. The predominant age group in Goodna is 0-9 years. Households in Goodna are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goodna work in a labourer occupation. In 2011, 47.1% of the homes in Goodna were owner-occupied compared with 44.4% in 2016.

Goodna has 4,209 properties. Over the last 5 years, Houses in Goodna have seen a 107.65% increase in median value, while Units have seen a 55.75% increase. As at 30 September 2024:

  • The median value for Houses in Goodna is $589,585 while the median value for Units is $374,330.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Goodna on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Goodna.

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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.