OFF MARKET

5/36 Marks Street
Hermit Park QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 82m2
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Property Details for 5/36 Marks St, Hermit Park

5/36 Marks St, Hermit Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 82m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1993
Floor Size
78m2
Land Size
82m2
Local Government
Townsville City
Lot/Plan
5/BUP71474

Last Listing description (March 2020)

DON'T MISS OUT! This well positioned townhouse in one the centrally located suburb of Hermit park is now for sale. This townhouse would be perfect for a savvy investor looking for a stable return and capital growth opportunities or first home buyers who are looking to get out of the rental market.

The property features:

- Two bedrooms with built in wardrobes.
- Air conditioned main bedroom with private patio
- Large tiled kitchen and dining area
- Private courtyard
- Laundry
- Seperate toilet downstairs
- Two car spaces

Annual Rental Return = $11,180 ($215 per week)
Body Corporate = $3,600
Rates = $2,600
Net Return = $4,980 per annum.

The townhouse is currently tenanted for $215 per week on a periodic lease, and was high and dry in the February flood event.

Inspections are most welcomed by prior arrangement, call Adrian Raiteri 0427 673 612 to arrange an inspection through the property.

Property History for 5/36 Marks St, Hermit Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$157,000
03 Feb 2020
Listed for Rent
$225/w
13 Jun 2018
  • 03 Feb 2020
    Sold for $157,000
  • 02 Apr 2019
    Listed for Sale $175,000.00
  • 11 Apr 2018
    Listed for Rent - Price not available
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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 2,077 properties. Over the last 5 years, Houses in Hermit Park have seen a 83.36% increase in median value, while Units have seen a 51.88% increase. As at 31 July 2024:

  • The median value for Houses in Hermit Park is $523,747 while the median value for Units is $274,902.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 10 properties listed for sale, and 13 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Hermit park.

Suburb Insights for Hermit Park 4812

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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.