50 Cobar StreetLota QLD 4179
Property Details for 50 Cobar St, Lota
50 Cobar St, Lota is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 405m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Lota in the last 12 months.
Last Listing description (August 2024)
50 Cobar Street is a standout opportunity to secure a quaint three bedroom cottage in a picturesque bayside location.
The seaside suburb of Lota is one of Brisbane's best kept secrets! Sitting on the water's edge of majestic Moreton Bay, locals enjoy an enviable lifestyle and an extremely close knit community.
Secure this property and your days could start with a relaxing morning walk along The Esplanade where you will be treated with amazing views of Moreton Bay and the bay islands. You'll also pass by The Royal Queensland Yacht Squadron, Manly Harbour Village which is home to numerous cafe's, boutiques and the Iconic Manly Hotel fresh from a multi million dollar makeover.
The area is home to some of Brisbane's most highly regarded educational facilities including Lota State School, Wynnum High School, St John Vianney's Catholic Primary School, Moreton Bay Girls College, Moreton Bay Boys College and Iona College.
Your public transport requirements are well taken of with the Lota Train Station and Brisbane City Council Bus Stop both within a short walk.
The dwelling itself offers a warm and homely vibe with a spacious sunlight living space and three good sized bedrooms.
For the budding developer the property offers significant upside potential with a raise and renovate project or a knockdown and rebuild venture.
Our reluctant owners are committed to selling in order to pursue other opportunities making this property a must see for the astute purchaser.
Property History for 50 Cobar St, Lota, QLD 4179
- 08 Jul 2024Sold for $860,000
- 05 Jun 2024Listed for Sale Offers over $850,000
- 23 Dec 2021Sold for $745,000
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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 1,318 properties. Over the last 5 years, Houses in Lota have seen a 73.31% increase in median value, while Units have seen a 80.12% increase. As at 31 October 2024:
- The median value for Houses in Lota is $1,139,693 while the median value for Units is $912,269.
- Houses have a median rent of $700 while Units have a median rent of $425.
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