SOLD
Sold on 28 May 2024 for $500,000

7/30 Colton Avenue
Lutwyche QLD 4030

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 65m2
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Property Details for 7/30 Colton Ave, Lutwyche

7/30 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 65m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Lutwyche in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
65m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
7/SP264402

Last Listing description (July 2024)

Discover modern living in this pristine apartment, nestled at the end of a cul-de-sac within one of Lutwyche's highly sought-after complexes. This residence stands out for its meticulous attention to detail and array of features.

Upon entry, you'll find a bright, open-plan living and dining area seamlessly connected to an expansive balcony, perfect for entertaining or enjoying quiet evenings. The modern kitchen boasts European appliances and ample counter space, blending style with functionality.

The spacious master bedroom offers tranquillity with a built-in robe and air conditioning. Secure underground parking and visitor spaces ensure both safety and convenience. The well-maintained building exudes sophistication, with low body corporate fees for peace of mind.

Key Features:
- Modern kitchen with European appliances
- Spacious master bedroom with built-in robe and air conditioning
- Open-plan living and dining area with balcony
- Secure underground parking
- Visitor parking
- Stylish, well-kept building with low body corporate fees

Currently leased at $420 per week until 21/06/2024. The updated rental market assessment for this property is $480 - $500 per week which offers an attractive investment opportunity with immediate returns.

Conveniently located just 6km from Brisbane CBD and 9km from Brisbane Airport, residents enjoy easy access to amenities including schools, shopping precincts, and public transport.

Don't miss out on owning a piece of contemporary luxury in this coveted location. Contact Mario Rossi on 0428 166 370 today for more information and to secure your new lifestyle!

Property History for 7/30 Colton Ave, Lutwyche, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$500,000
28 May 2024
Listed for Rent
$410/w
12 Jun 2023
  • 28 May 2024
    Sold for $500,000
  • 20 May 2024
    Listed for Sale Inviting Offers!
  • 26 May 2023
    Listed for Rent $410 / 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 2,973 properties. Over the last 5 years, Houses in Lutwyche have seen a 65.38% increase in median value, while Units have seen a 76.36% increase. As at 30 September 2024:

  • The median value for Houses in Lutwyche is $1,447,419 while the median value for Units is $671,334.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 21 properties listed for rent in Lutwyche on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Lutwyche.

Suburb Insights for Lutwyche 4030

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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.