7 Goulburn StreetGordon Park QLD 4031
Property Details for 7 Goulburn St, Gordon Park
7 Goulburn St, Gordon Park is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1974. The property has a land size of 625m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
This neatly presented two storey block of four units are located in a sought after position within walking distance to Kedron Brook. Situated in a quiet street on a large block, this incredible opportunity offers investors an income generating asset with strong capital growth potential. All units are currently tenanted and are low maintenance with no body corporate, all within close proximity to amenities and parkland.
- 2 x 2 bedroom units
- 2 x 1 bedroom units
- Modern all electric kitchens
- Bedrooms have built-in wardrobes
- Well appointed bathroom in each unit
- All units have separate laundry in garage
- Each unit has a secure single lock-up garage
- Great income with potential for growth
With all 4 units currently rented, you can start seeing immediate returns on your investment. For buyers wishing to capitalise further, there is potential to renovate the complex and generate higher rental income or redevelop the site.
Unit 1 current rent $350 p/w | Potential rent $400 to $450 p/w
Unit 2 current rent $295 p/w | Potential rent $400 to $450 p/w
Unit 3 current rent $315 p/w | Potential rent $320 to $360 p/w
Unit 4 current rent $295 p/w | Potential rent $320 to $360 p/w
Current annual rental income $65,260
Potential annual rental income $84,240
Council Rates: $1,220.05 p/qtr
Water Rates: $1,161 p/qtr
Only a stroll away is a laneway that leads to the bikeways, dog off-leash and recreational areas along Kedron Brook. Cherished by families of all ages and being close to the Northern Busway and major arterials, Gordon Park is a safe and quiet pocket of the inner north with a genuine community feel. Surrounded by great cafs, shopping facilities, and schools you'll see why people love living in this inner city suburb.
Property History for 7 Goulburn St, Gordon Park, QLD 4031
- 19 Sep 2023Sold for $1,370,000
- 27 Jun 2020Listed for Rent - Price not available
- 06 Mar 2020Listed for Rent $280 / year
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0About Gordon Park 4031
The size of Gordon Park is approximately 1.2 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Gordon Park in 2011 was 4,015 people. By 2016 the population was 4,233 showing a population growth of 5.4% in the area during that time. The predominant age group in Gordon Park is 30-39 years. Households in Gordon Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gordon Park work in a professional occupation. In 2011, 56.6% of the homes in Gordon Park were owner-occupied compared with 55.6% in 2016.
Gordon Park has 2,209 properties. Over the last 5 years, Houses in Gordon Park have seen a 75.38% increase in median value, while Units have seen a 76.99% increase. As at 31 October 2024:
- The median value for Houses in Gordon Park is $1,484,141 while the median value for Units is $644,271.
- Houses have a median rent of $680 while Units have a median rent of $550.
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