4 Fraire StreetHermit Park QLD 4812
Property Details for 4 Fraire St, Hermit Park
4 Fraire St, Hermit Park is a 4 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 809m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Last Listing description (March 2022)
This is an 809 sqm block in the heart of Hermit Park only 180 metres from public transport pickup and drop off and walking distance to a multitude of shopping outlets of a wide variety. Doctors and dental surgeries are just some of many. Schools and daycare and a major hospital are only a short drive. Site is zoned residential neighborhood and perfectly located to accommodate a set of units. Currently leased at $265 per week and on a periodic lease. Price below market valuation to accommodate a sale prior to the new financial year. Owners are committed elsewhere. For the investor this tenant has been here for a long term and a reliable paying tenant meeting her rent requirements on time.
Property History for 4 Fraire St, Hermit Park, QLD 4812
- 22 May 2020Listed for Sale $249,000
- 03 Sep 2019Sold for $230,000
- 13 Aug 2019Listed for Sale $249,000
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About Hermit Park 4812
The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016.
Hermit Park has 2,061 properties. Over the last 5 years, Houses in Hermit Park have seen a 88.16% increase in median value, while Units have seen a 88.04% increase. As at 31 October 2024:
- The median value for Houses in Hermit Park is $541,192 while the median value for Units is $312,579.
- Houses have a median rent of $420 while Units have a median rent of $360.
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