SOLD
Sold on 06 Aug 2024 for $841,000

63 Miriam Street
Karalee QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 128m2
Land area: 508m2
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Property Details for 63 Miriam St, Karalee

63 Miriam St, Karalee is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 508m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Karalee in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
128m2
Land Size
508m2
Local Government
Ipswich
Lot/Plan
28/SP303662

Last Listing description (August 2024)

*** Please view our Virtual Tour to conduct a digital inspection of this stunning property! Video walkthrough also available on request ***

- NEAR-NEW DUAL-KEY PROPERTY IN BLUE RIBBON LOCATION
- CIRCA 2019 BUILD IN IMMACULATE CONDITION

- FOUR BEDROOM DWELLING ON ONE SIDE, ONE BEDROOM ON THE OTHER
- OUTSTANDING PRESENTATION AND FANTASTIC TENANTS IN PLACE
- UNIT 1: RENTED $430PW UNTIL 14/10/24 (RENTAL APPRAISAL $520-$570PW)
- UNIT 2: RENTED $375PW UNTIL 24/07/25
- WALK TO KARALEE SHOPPING CENTRE AND LOCAL DAY CARE
- SHORT DRIVE TO IPSWICH CBD AND ITS ENDLESS LIST OF AMENITIES
- CONVENIENT HIGHWAY ACCESS GETS YOU TO BRISBANE CBD IN A FLASH

This near-new dual-occupancy property is perfectly positioned in a blue ribbon location of Ipswich, and would truly be an outstanding addition to any investor's property portfolio. With tenants already in place and a VERY attractive potential rental yield, I expect you'll find it difficult to say "no" to this one!

There's no shortage of space on offer here, with one side of the property offering an impressive four bedrooms where you'd typically see three. The main living/dining space is an outstanding size and comes with split system air conditioning, and with the property only being built in 2019, everything is wonderfully modern throughout. Even the yard space is a great size, and the tenants currently in place love living here and would like to stay on long-term.

The current tenants are surely among the best tenants you can get in the whole of Ipswich. It's clear from the presentation in the photos that they care for the property as though it was their own, and they would love the opportunity to stay here if it is given to them. They are currently paying $430pw with their lease renewal due in October, and the appraisal range given for that is $520-$570pw (formal appraisal letter available on request).

On the other side of the home we have a more compact design offering one-bedroom and another air-conditioned and open-planned kitchen/living/dining space. While smaller than the four bedroom side, this space is still plenty big enough to cater to the demographic of tenants this setup would appeal to. At the time of the photographs being taken the one-bedroom unit was un-occupied, however, is now tenanted for $375pw until July next year.

This location certainly does not compromise on convenience with a strong enough arm, Karalee Shopping Centre is quite literally a stone's throw away covering all of your grocery needs as there's both a Coles and a Woolworths here. Local schools are abundant both public and private and thanks to great road and highway connections, Ipswich CBD can be reached in as little as 10 minutes and Brisbane CBD in as little as 30 minutes by car outside of peak periods!

Location, presentation and great rental return - this outstanding property truly has it all. Don't delay your enquiry here because it will NOT be on the market long!

Property History for 63 Miriam St, Karalee, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$841,000
06 Aug 2024
  • 06 Aug 2024
    Sold for $841,000
  • 29 Jul 2024
    Listed for Sale Offers Over $799,000
  • 17 May 2019
    Sold for $192,000

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About Karalee 4306

The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.

Karalee has 2,219 properties. Over the last 5 years, Houses in Karalee have seen a 83.32% increase in median value, while Units have seen a 132.61% increase. As at 31 October 2024:

  • The median value for Houses in Karalee is $1,002,590 while the median value for Units is $874,922.
  • Houses have a median rent of $585.
There are currently 26 properties listed for sale, and no properties listed for rent in Karalee on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Karalee.

Suburb Insights for Karalee 4306

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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.