OFF MARKET

35/20-24 Colton Avenue
Lutwyche QLD 4030

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 92m2
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Last updated 16 Sep 2024
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Property Details for 35/20-24 Colton Ave, Lutwyche

35/20-24 Colton Ave, Lutwyche is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 92m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2016
Floor Size
74m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
35/SP272956

Last Listing description (May 2024)

CURRENTLY RENTED UNTIL OCTOBER 2023 AT $490 PER WEEK. Rental Growth potentional in Building has increaseD by up to $100 per week - CURRENT MARKET RENTAL APPRAISAL - $570 PER WEEK AND CLIMBINGParkview boutique residence is perfectly located in a quiet cul-de-sac just minutes from Lutwyche central and only 5km from Brisbane CBD. Do not miss this terrific investment opportunity in a rising inner city suburb with great value now and into the future. Lutwyche offers some of Brisbane’s best transport infrastructure including bus and tunnel networks to allow travel time to the CBD, Brisbane Airport, and the Royal Brisbane Hospital Kedron Brook Busway is a 1-minute walk away with access to major Brisbane locations including Royal Brisbane Hospital in under 7-mintues. Direct access to Brisbane airport via Airport Link Tunnel, 150m from Parkview Apartments. Wooloowin Train Station is an additional transport option Close walking distance to shopping made easy at Market Central Lutwyche This sizable 2-bedroom, 2-bathroom, 1-car space apartment is located on the fourth floor with amazing natural light and airflow throughout.Apartment features:Generously proportioned open plan living/dining with adjoining balconyLarge 18sqm tiled terrace balcony with leafy Street outlook Gourmet Kitchen with granite benchtops, Island Bench, and dishwasherMain bedroom with Ensuite, built-in robe, ceiling fan and split system A/C Second Bedroom with Built-in robe, ceiling fan and amazing natural breezesBoth bathrooms featuring chic contemporary designSeparate laundry with Dryer Split system Air-Conditioning in Main Bedroom and Living room plus Ceiling Fans in both bedroomsSingle garage space in secure underground carparkOnsite Management Extensive Security throughout Lift access to all floorsFees & Tenancy detailsBody Corporate Levies – Approx. $780 per quarterBCC Rates – Approx. $450 per quarterWater Rates- Approx. $200 - $300 per quarter – Tenants pay usage costsCURRENTLY RENTED UNTIL OCTOBER 2023 AT $490 PER WEEKCeiling Fans, CCTV, Lift access to all areas, ramp access, Secure Entry

Property History for 35/20-24 Colton Ave, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$493,500
05 Feb 2023
Listed for Rent
$420/w
29 Jun 2020
  • 05 Feb 2023
    Sold for $493,500
  • 19 Sep 2022
    Listed for Sale UNDER CONTRACT
  • 31 Jan 2019
    Listed for Rent - Price not available
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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 2,993 properties. Over the last 5 years, Houses in Lutwyche have seen a 65.33% increase in median value, while Units have seen a 75.93% increase. As at 31 August 2024:

  • The median value for Houses in Lutwyche is $1,425,431 while the median value for Units is $669,190.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 19 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Lutwyche.

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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.