SOLD
Sold on 04 Jul 2024 for $805,000

5 Gidgee Street
Kingston QLD 4114

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 155m2
Land area: 1214m2
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Property Details for 5 Gidgee St, Kingston

5 Gidgee St, Kingston is a 4 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 1214m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Kingston in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
155m2
Land Size
1214m2
Local Government
Logan City
Lot/Plan
91/RP113631

Last Listing description (October 2024)

Are you searching for a prime investment property with tremendous potential? Look no further than 5 Gidgee Street, Kingston. This outstanding double block property nestled on 1,214m2 boasts a spacious 5 bedroom, 2 bathroom, multi-living house. Buyers have unlimited opportunity with a wide 40.6M frontage, they can subdivide and develop (subject to council approval), renovate and extend the pre-existing house, demolish and rebuild their dream home or tenant and land bank - the choices are endless. Snap up this amazing opportunity while it lasts!

Property Features:
+ Spacious 5 bedroom, 2 bathroom, multi-living room established house

+ Level 1,214 m2 block with subdivision potential
+ Wide 40m frontage
+ Low Density Zoning
+ Perfect for 2 x single dwellings or one expansive house
+ Currently tenanted at $480 per week to 10/10/2024. Current market appraisal for rent is $580-600/week.

The unbeatable location is situated:
+ 450M from Ariel Childcare Centre & Preschool
+ 720M from Logan City Bowls and Rec club,
+ 670M local shopping village,
+ 1.4Km to Kingston Train Station,
+ 1.55km to Logan Central City Centre
+ 4km to Logan Hospital,
+ 4.7km to Griffith Uni

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 5 Gidgee St, Kingston, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$805,000
04 Jul 2024
Listed for Rent
$365/w
09 Sep 2019
  • 04 Jul 2024
    Sold for $805,000
  • 02 Jul 2024
    Listed for Sale Submit all offers
  • 16 Aug 2019
    Listed for Rent - Price not available
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About Kingston 4114

The size of Kingston is approximately 6.7 square kilometres. It has 30 parks covering nearly 17.2% of total area. The population of Kingston in 2011 was 10,183 people. By 2016 the population was 10,538 showing a population growth of 3.5% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kingston work in a labourer occupation. In 2011, 51.4% of the homes in Kingston were owner-occupied compared with 47.5% in 2016.

Kingston has 4,144 properties. Over the last 5 years, Houses in Kingston have seen a 131.71% increase in median value, while Units have seen a 87.11% increase. As at 30 September 2024:

  • The median value for Houses in Kingston is $653,363 while the median value for Units is $457,182.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 25 properties listed for sale, and 20 properties listed for rent in Kingston on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Kingston.

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