SOLD
Sold on 22 Mar 2024 for $645,000

5 Mcgregor Street
Kippa-Ring QLD 4021

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 627m2
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Property Details for 5 Mcgregor St, Kippa-Ring

Building Type
Land
Year Built
1976
Floor Size
86m2
Land Size
627m2
Local Government
Moreton Bay
Lot/Plan
86/RP102742

Last Listing description (May 2024)

OWNER WANTS A SALE ASAP.

Situated in the "Dolphin's Precinct" this perfectly flat block of land ready to build on.
Just a short stroll to parks, 2 major shopping centers, public transport into Brisbane and of course the Dolphins NRL Club, it's easy to see why this zone is going gangbusters!

Being a Next Generation Precinct, the opportunities to develop this block are massive.

Option 1:
Build your dream home - with a wide frontage, flat block and surrounded by quality homes, it's the perfect place to raise a family.

Option 2:
Use the plans the current owner has already started. NDIS and Rent Share accom with Council Approval.

Option 3:
Develop. As this lands in the Next Generation Zoning, it caters for a wide variety of residential properties (With Council Approval of course) Call Adam for more info regarding development opportunities - more info at the end of the ad copy.

WALK TO:
- Kippa-Ring Shopping Center - 3-4min
- Dolphins NRL Club - 3-5min
- Park - 2min
- Train Station into Brisbane - 7-8min

DRIVE TO:
- Swimming Beaches - 3-6min
- Westfield North Lakes - 15min approx
- Brisbane Airport - 25-30min
- Brisbane CBD - 35-40min

NEXT GENERATION ZONE INFO:
Types of buildings in this zone.
Dwelling house
Dual occupancy
Multiple dwelling
Dwelling unit
Home based business
Residential care facility
Retirement facility
Rooming accommodation *
Short-term accommodation *
* if within 800m walking distance of a higher order or district centre precinct

Houses on a variety of lot sizes including traditional and narrow lots, dual occupancies (traditional and loft), row or terrace housing, plexes, low and medium rise apartments, townhouses and managed communities
Density of 15-75 dwellings per hectare
Building height generally 12m

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Property History for 5 Mcgregor St, Kippa-Ring, QLD 4021

A timeline of how this property has performed in the market
Last Sold
$645,000
22 Mar 2024
Listed for Rent
$340/w
24 Sep 2011
  • 22 Mar 2024
    Sold for $645,000
  • 11 Jan 2024
    Listed for Sale Under Contract
  • 09 Mar 2023
    Sold for $560,000
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About Kippa-Ring 4021

The size of Kippa-ring is approximately 5.4 square kilometres. It has 24 parks covering nearly 12.7% of total area. The population of Kippa-ring in 2011 was 9,928 people. By 2016 the population was 9,805 showing a population decline of 1.2% in the area during that time. The predominant age group in Kippa-ring is 10-19 years. Households in Kippa-ring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kippa-ring work in a trades occupation. In 2011, 64.5% of the homes in Kippa-ring were owner-occupied compared with 61.5% in 2016.

Kippa-Ring has 4,399 properties. Over the last 5 years, Houses in Kippa-Ring have seen a 86.99% increase in median value, while Units have seen a 89.92% increase. As at 30 November 2024:

  • The median value for Houses in Kippa-Ring is $759,557 while the median value for Units is $501,883.
  • Houses have a median rent of $580 while Units have a median rent of $473.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Kippa-ring on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Kippa-ring.

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