1/11 Raintree StreetMansfield QLD 4122
Property Details for 1/11 Raintree St, Mansfield
1/11 Raintree St, Mansfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 92m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (August 2019)
If ever there was a unit to purchase, where you can add value and will return a good yield. Then this is the one. Do the numbers.
Diamond in the rough!
This solid unit is located in a small block of six. The property covers all bases with the security of stable cash flow and the benefit of potential capital growth.
Rental projection-based precinct tenancy history
2 good size bedrooms and full brick construction
Open plan living flowing out onto balcony
Single garage with heaps of storage space
200m from Aldi Shopping
If you are seeking a low maintenance investment with secure cash flow this property offers everything! Savvy investors will note the benefit of both rental and capital growth upside, allowing for a potential rental increase in the future. This opportunity will offer any portfolio stability and longevity.
For more information contact Luc to discuss the acquisition of a great piece of real estate.
Property History for 1/11 Raintree St, Mansfield, QLD 4122
- 31 May 2019Sold for $241,250
- 20 Mar 2019Listed for Sale $268,000
- 29 Jul 2011Sold for $277,000
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About Mansfield 4122
The size of Mansfield is approximately 4.9 square kilometres. It has 16 parks covering nearly 24.1% of total area. The population of Mansfield in 2011 was 8,473 people. By 2016 the population was 8,717 showing a population growth of 2.9% in the area during that time. The predominant age group in Mansfield is 40-49 years. Households in Mansfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a professional occupation. In 2011, 73% of the homes in Mansfield were owner-occupied compared with 71.2% in 2016.
Mansfield has 3,627 properties. Over the last 5 years, Houses in Mansfield have seen a 82.15% increase in median value, while Units have seen a 50.22% increase. As at 28 February 2025:
- The median value for Houses in Mansfield is $1,236,366 while the median value for Units is $580,026.
- Houses have a median rent of $710 while Units have a median rent of $555.
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