SOLD
Sold on 21 Jun 2024 for $500,000

1/30 Colton Avenue
Lutwyche QLD 4030

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 82m2
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Property Details for 1/30 Colton Ave, Lutwyche

1/30 Colton Ave, Lutwyche is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 82m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Lutwyche in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
52m2
Land Size
82m2
Local Government
Brisbane
Lot/Plan
1/SP264402

Last Listing description (July 2024)

Welcome to your new home in one of Lutwyche's most desirable complexes. Tucked away at the end of a peaceful cul-de-sac, this modern apartment offers a perfect blend of comfort, style, and convenience.Step into the open-plan living and dining area that flows effortlessly onto a spacious balcony overlooking the parkideal for entertaining or relaxing. The sleek kitchen is equipped with European appliances and ample counter space, combining elegance with practicality.Retreat to the serene master bedroom, featuring a built-in robe and air conditioning for year-round comfort. Secure underground parking and additional visitor spaces provide both safety and convenience. The building is meticulously maintained and boasts low body corporate fees, ensuring a hassle-free living experience.Key Features:Modern kitchen with European appliancesSpacious master bedroom with built-in robe and air conditioningOpen-plan living and dining area with balconySecure underground parkingVisitor parkingStylish, well-maintained building with low body corporate fees.Currently leased at $420 per week until 18/12/2024, with an updated rental market assessment of $480 - $510 per week, this property presents a fantastic investment opportunity with immediate returns.Conveniently located just 6km from Brisbane CBD and 9km from Brisbane Airport, you'll enjoy easy access to schools, shopping centers, and public transport.Don't miss out on this fabulous modern unitlife here truly is a breeze!

Property History for 1/30 Colton Ave, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Jun 2024
Listed for Rent
$390/w
28 Nov 2022
  • 26 Jun 2024
    Listed for Sale Under Contract
  • 21 Jun 2024
    Sold for $500,000
  • 28 Nov 2022
    Listed for Rent $390 / week
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About Lutwyche 4030

The size of Lutwyche is approximately 0.9 square kilometres. It has 9 parks covering nearly 11.8% of total area. The population of Lutwyche in 2011 was 2,801 people. By 2016 the population was 3,463 showing a population growth of 23.6% in the area during that time. The predominant age group in Lutwyche is 20-29 years. Households in Lutwyche are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lutwyche work in a professional occupation. In 2011, 39.1% of the homes in Lutwyche were owner-occupied compared with 34.2% in 2016.

Lutwyche has 2,992 properties. Over the last 5 years, Houses in Lutwyche have seen a 77.81% increase in median value, while Units have seen a 73.99% increase. As at 31 July 2024:

  • The median value for Houses in Lutwyche is $1,446,947 while the median value for Units is $653,213.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 13 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Lutwyche.

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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.