SOLD
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Sold on 11 Apr 2024 for $695,000

5 Matthias Way
Leichhardt QLD 4305

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 480m2
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Property Details for 5 Matthias Way, Leichhardt

5 Matthias Way, Leichhardt is a 4 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 480m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom DuplexSemi-detached sold in Leichhardt in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
480m2

Last Listing description (April 2024)

We are pleased to present an outstanding investment opportunity located at 5 Matthias Way, Leichhardt. This duplex boasts an enviable location and promises a lucrative rental return of $740 per week, making it a compelling choice for savvy investors.

Unit 1/5 Matthias: Lease End Date: 11/07/2024 with a total Weekly Rent: $420
Unit 2/5 Matthias: Lease End Date: 03/07/2024 with a total Weekly Rent: $320

5 Matthias Way is situated in a highly desirable location, ensuring convenience and accessibility for residents. With a total weekly rent of $740, this duplex presents a substantial and consistent income stream for the discerning investor.

This property offers a unique combination of location, rental yield, and lease stability, making it an attractive proposition for investors seeking a valuable addition to their portfolio. The property is well-maintained, ensuring a comfortable living environment for tenants and minimizing the need for immediate capital expenditures.

5 Matthias Way, Leichhardt, presents an unparalleled opportunity for investors to secure a prime duplex in a sought-after location with a substantial rental return. Don't miss out on this chance to enhance your investment portfolio with a property that combines financial stability and long-term growth potential.

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Property History for 5 Matthias Way, Leichhardt, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$695,000
11 Apr 2024
  • 20 Mar 2024
    Sold for $695,000
  • 12 Mar 2024
    Listed for Sale Offers Over $679,000
  • 24 Apr 2020
    Listed for Rent $230 / week
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About Leichhardt 4305

The size of Leichhardt is approximately 2.9 square kilometres. It has 13 parks covering nearly 19.4% of total area. The population of Leichhardt in 2011 was 3,383 people. By 2016 the population was 3,942 showing a population growth of 16.5% in the area during that time. The predominant age group in Leichhardt is 0-9 years. Households in Leichhardt are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leichhardt work in a labourer occupation. In 2011, 44.4% of the homes in Leichhardt were owner-occupied compared with 35.8% in 2016.

Leichhardt has 2,013 properties. Over the last 5 years, Houses in Leichhardt have seen a 127.04% increase in median value, while Units have seen a 92.50% increase. As at 30 November 2024:

  • The median value for Houses in Leichhardt is $578,452 while the median value for Units is $536,820.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 6 properties listed for sale, and 11 properties listed for rent in Leichhardt on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Leichhardt.

Suburb Insights for Leichhardt 4305

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John Karlecik
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Matt Drayton
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NGU Real Estate
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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.