OFF MARKET

8302/10 Kokoda Street
Idalia QLD 4811

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 113m2
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Property Details for 8302/10 Kokoda St, Idalia

8302/10 Kokoda St, Idalia is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 113m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2013
Floor Size
77m2
Land Size
113m2
Local Government
Townsville City
Lot/Plan
8302/SP250540

Last Listing description (June 2021)

With an approximate rental return of 4.5%, why would you leave your money in the bank?

This modern two-bedroom, two-bathroom unit is always in high rental demand. Neutral tones throughout combine with executive-style finishes to attract a better class of tenant, leading to a higher rental return. Floor to ceiling glass doors lead out onto the private balcony, overlooking the resort-style pool and courtyard which enables consistent breezes through the unit all year. A dedicated undercover car park, plus heaps of visitor parking and a storage room are all protected by high security gates.

Springbank Urban Village is the only complex in Townsville designed from the ground up to cater for pet owners, even having its own off-leash dog park. Acres of grassed areas and gardens throughout the complex are kept manicured, and include multiple BBQ areas, workout facilities and a huge pool. The vacancy rate reflects the thought that has gone into this property, often having applications on units before they're even empty, leading to an extremely low vacancy rate.

Just across the road is The Precinct; a brilliant combination of take-away, restaurants and even an Otto's fresh food market. This unit is 5 minutes' drive to the ever-growing Fairfield Shopping Centre, which has everything from K-Mart, to Bunnings and Zarraffas. Within ten minutes' drive is the Army barracks, hospital and university, ensuring a constant demand from tenants in these fields.

Please call Steve Cox on 0400 708 996 if you have any questions or would like to book an inspection. After hours and weekend calls are welcome.

Fast Facts:
Bedrooms: 2
Bathrooms: 2
Car parks: 1 + visitor parking + lockable storage room
Interior size: 113sqm
Rental return: $380/week
Strata rates: $3,045/year approx.
Council rates: $3,200/year approx. including water
This unit was not affected by the 2019 flood event.

All facts and figures given here are provided to the best of our knowledge, however all buyers should make their own enquiries to confirm.

Property History for 8302/10 Kokoda St, Idalia, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$271,500
09 Apr 2021
Listed for Rent
$360/w
27 Mar 2016
  • 09 Apr 2021
    Sold for $271,500
  • 26 May 2020
    Listed for Sale $279,000 - Under Offer
  • 17 Feb 2016
    Listed for Rent - Price not available
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About Idalia 4811

The size of Idalia is approximately 3.5 square kilometres. It has 8 parks covering nearly 13.1% of total area. The population of Idalia in 2011 was 3,595 people. By 2016 the population was 4,451 showing a population growth of 23.8% in the area during that time. The predominant age group in Idalia is 20-29 years. Households in Idalia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Idalia work in a professional occupation. In 2011, 53.9% of the homes in Idalia were owner-occupied compared with 52.4% in 2016.

Idalia has 1,913 properties. Over the last 5 years, Houses in Idalia have seen a 75.71% increase in median value, while Units have seen a 93.47% increase. As at 31 October 2024:

  • The median value for Houses in Idalia is $676,586 while the median value for Units is $370,842.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Idalia on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Idalia.

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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.