OFF MARKET

35/2 Lavender Drive
Griffin QLD 4503

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 134m2
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Last updated 11 Nov 2024
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Property Details for 35/2 Lavender Dr, Griffin

35/2 Lavender Dr, Griffin is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 134m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Townhouse
Year Built
2014
Floor Size
107m2
Land Size
134m2
Local Government
Moreton Bay
Lot/Plan
35/SP267655

Last Listing description (August 2023)

This modern two-level townhouse is the perfect addition to any investment portfolio, located within a quiet and secure complex that features onsite management, a swimming pool, a gym, ample parking, and low body corporate fees. The property boasts a longstanding tenant who is happy to remain, ensuring solid returns and minimal vacancy rates for the new owner.

With easy internal access from the garage, the ground floor of the townhouse features air-conditioned living and dining areas, a modern kitchen with plenty of bench-top space, an electric stove, a dishwasher, and ample storage. The kitchen leads onto the living area and a spacious outdoor alfresco area with a private courtyard and luscious garden, perfect for entertaining guests.

Upstairs, there are three generously sized bedrooms and a main bathroom, with the air-conditioned master bedroom featuring an en-suite. The property is conveniently located close to all necessary amenities, with public transport just outside the door (bus route on Lavender Drive), a local shopping complex under development, and schools and childcare facilities in the vicinity. Great tenant with a lease till the 12th Nov 2023.

Within a short 10-minute drive, residents can access Westfield North Lakes and other North Lakes amenities, while Costco, Bunnings, and commercial precincts are just a few minutes' drive away.

Griffin is an up-and-coming area with capital growth beginning to flow through the townhouse market and the new sports center and shopping precinct opening nearby, making this investment property a wise choice for anyone looking to capitalize on the area's potential growth in 2022 and beyond.

Property History for 35/2 Lavender Dr, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$415,000
25 Mar 2023
Listed for Rent
$306/w
22 Oct 2021
  • 25 Mar 2023
    Sold for $415,000
  • 12 Mar 2023
    Listed for Sale Inviting Offers
  • 22 Oct 2021
    Listed for Rent $306 / week
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About Griffin 4503

The size of Griffin is approximately 17.2 square kilometres. It has 12 parks covering nearly 6.7% of total area. The population of Griffin in 2011 was 2,357 people. By 2016 the population was 6,830 showing a population growth of 189.8% in the area during that time. The predominant age group in Griffin is 20-29 years. Households in Griffin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Griffin work in a trades occupation. In 2011, 61.5% of the homes in Griffin were owner-occupied compared with 39.3% in 2016.

Griffin has 6,028 properties. Over the last 5 years, Houses in Griffin have seen a 77.13% increase in median value, while Units have seen a 93.56% increase. As at 31 October 2024:

  • The median value for Houses in Griffin is $856,170 while the median value for Units is $598,443.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 48 properties listed for sale, and 13 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Griffin.

Suburb Insights for Griffin 4503

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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.