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Sold on 15 Feb 2024 for $1,218,000

227 Ernest Street
Lota QLD 4179

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 223m2
Land area: 607m2
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Property Details for 227 Ernest St, Lota

227 Ernest St, Lota is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 607m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Lota in the last 12 months.

Building Type
House
Floor Size
223m2
Land Size
607m2

Last Listing description (February 2024)

Positioned perfectly on a quiet and coveted Lota Street, just footsteps from the coastline, it's not only the impeccable location of this charming home, but also its outstanding versatility that places it leagues ahead of anything like it on the market. Spread over a single level, it offers an easy-living haven with stunning modernized interiors, multiple living areas, and a beautiful flow onto outdoor entertaining and lush rear gardens. Adding to its remarkable value, a self-contained studio featuring a full kitchen, bathroom, and bedroom will lend itself to entrepreneurs looking to break the modern mould, as well as families with teens or parents who desire shared living with a level of independence. Amongst the absolute best of the Bayside, this fabulous address is close to Manly Village and Yacht Club, Lota train station, scenic nature walks, and excellent schooling options.
- Beautifully renovated, turn-key dual living property
- VJ look panels, timber floors, ceiling fans throughout

- Semi-enclosed al fresco deck, perfect for all-weather entertaining
- Two beautiful bedrooms in main residence feat. built ins
- Tastefully updated kitchen with servery window to deck
- Self-contained studio feat. bed, bath, kitchen with elec. cooktop, sep. entry
- Perfect for accommodating teens, grandparents, guests and AirBnB
- Well-suited to home-based businesses - beauty services, consulting etc.
- Prime investment potential with immediate live-in and lease-out options
- High clearance tandem carport and off-street driveway parking suit caravan and boats
- Additional single bay carport plus storage area, suitable for additional bikes & mopeds
- Minutes from Manly Village, The Arsonist and Tide on the Jetty
- Close to great schools including St John Vianney's & Moreton Bay college
- Easy access to CBD and airport via public transport and motorway links

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Property History for 227 Ernest St, Lota, QLD 4179

A timeline of how this property has performed in the market
Last Sold
$1,218,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $1,218,000
  • 08 Feb 2024
    Listed for Sale Contact Agent
  • 31 Jan 2017
    Sold for $535,000
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About Lota 4179

The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.

Lota has 1,328 properties. Over the last 5 years, Houses in Lota have seen a 69.29% increase in median value, while Units have seen a 82.85% increase. As at 30 November 2024:

  • The median value for Houses in Lota is $1,137,037 while the median value for Units is $938,248.
  • Houses have a median rent of $700 while Units have a median rent of $425.
There are currently 1 property listed for sale, and 3 properties listed for rent in Lota on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Lota.

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