SOLD
Sold on 08 Mar 2024 for $300,000

2/140 Central Avenue
Indooroopilly QLD 4068

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 53m2
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Property Details for 2/140 Central Ave, Indooroopilly

2/140 Central Ave, Indooroopilly is a 2 bedroom, 1 bathroom Unit and was built in 1991. The property has a land size of 53m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Indooroopilly in the last 12 months.

Building Type
Unit
Year Built
1991
Floor Size
53m2
Land Size
53m2
Local Government
Brisbane
Lot/Plan
2/BUP11111

Last Listing description (October 2016)

Attention to all astute investors looking for a sound first step investment in Indooroopilly and for Investors looking to secure residence for students at the University of Queensland.
This property is ideally located for students enrolled at the University of Queensland who seek immediate access (a 10 minute bus ride to UQ) set in tranquil rainforest grounds to study. The property affords so many advantages; tranquil rainforest grounds with live in management and is only a 2 minute walk to direct buses to the University of Queensland, the main train line to the Brisbane CBD and Indooroopilly Shopping Town.
You can easily just move in as the apartment is being sold fully furnished, or rent the property out either through the on-site managers in the short term rental pool or lease it out on the normal rental market.

- Ground Floor
- Pool in complex
- Fully furnished
- Walking distance to Indooroopilly rail & shopping.
Sellers are determined to have this sold.

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Property History for 2/140 Central Ave, Indooroopilly, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$300,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $300,000
  • 16 Aug 2016
    Sold for $245,000
  • 05 May 2016
    Listed for Sale Auction
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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2011 was 11,669 people. By 2016 the population was 12,235 showing a population growth of 4.9% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation. In 2011, 54.2% of the homes in Indooroopilly were owner-occupied compared with 51% in 2016.

Indooroopilly has 6,870 properties. Over the last 5 years, Houses in Indooroopilly have seen a 58.41% increase in median value, while Units have seen a 77.31% increase. As at 31 October 2024:

  • The median value for Houses in Indooroopilly is $1,476,822 while the median value for Units is $779,031.
  • Houses have a median rent of $740 while Units have a median rent of $650.
There are currently 74 properties listed for sale, and 41 properties listed for rent in Indooroopilly on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Indooroopilly.

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