19/97-111 Routley DriveKooralbyn QLD 4285
Property Details for 19/97-111 Routley Dr, Kooralbyn
19/97-111 Routley Dr, Kooralbyn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 38m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
This studio unit presents a fantastic investment opportunity, with a reliable tenant already in place. Generating a solid rental income of $170 per week, this property offers a great return on investment, especially considering the rapidly increasing rental rates in the area. With incredibly low body corp fees of just $483 per quarter, it is a low risk, cash positive investment that should not be passed up.
The complex boasts meticulously maintained grounds, including a large saltwater inground pool, and stunning manicured gardens. Pathways wind through the separate buildings, creating a serene and picturesque environment.
Convenience is key, as the complex is just a short drive away from local amenities such as food shops, a hairdresser, a chemist, takeaways, restaurants, a service station, parks, lagoons, and the popular The Kooralbyn Resort.
Located in one of South East Queensland's most beautiful and well-kept secrets, this area offers a tranquil lifestyle while still being within easy reach of Brisbane and the Gold Coast, both just over an hour's drive away.
Don't miss out on this opportunity to invest in a thriving and stunning location. Contact us today to arrange a viewing and secure your place in this hidden gem of South East Queensland.
Property History for 19/97-111 Routley Dr, Kooralbyn, QLD 4285
- 20 Sep 2023Sold for $99,000
- 08 Sep 2023Listed for Sale Offers Over $89,000
- 20 Jul 2017Sold for $50,000
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0About Kooralbyn 4285
The size of Kooralbyn is approximately 87.5 square kilometres. It has 11 parks covering nearly 4% of total area. The population of Kooralbyn in 2011 was 1,371 people. By 2016 the population was 1,725 showing a population growth of 25.8% in the area during that time. The predominant age group in Kooralbyn is 60-69 years. Households in Kooralbyn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kooralbyn work in a trades occupation. In 2011, 74.2% of the homes in Kooralbyn were owner-occupied compared with 70.9% in 2016.
Kooralbyn has 1,235 properties. Over the last 5 years, Houses in Kooralbyn have seen a 97.91% increase in median value, while Units have seen a 199.63% increase. As at 31 October 2024:
- The median value for Houses in Kooralbyn is $733,606 while the median value for Units is $285,187.
- Houses have a median rent of $350 while Units have a median rent of $210.
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