3/12 Yeates CrescentMeadowbrook QLD 4131
Property Details for 3/12 Yeates Cres, Meadowbrook
3/12 Yeates Cres, Meadowbrook is a 1 bedroom, 1 bathroom Unit. The property has a land size of 29m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Unit sold in Meadowbrook in the last 12 months.
Last Listing description (March 2024)
This over 50s unit isnt like any other. There are no weekly fees. Yes, you do pay body Corp and your rates per quarter and the water is combined bill which would be split with all units. You need to be over the age of 50 if you were looking to move into the property. As an investor, you can be of any age. Body Corp is approx. $987 per quarter.
This one-bedroom unit has a combined kitchenette, dining and lounge room. The bedroom has an ensuite bathroom. There is an air conditioning unit for comfort. There are tenants in a lease paying $260 per week and the lease expires in May 2024. There is a community laundry in the complex for the tenants to wash and dry their laundry, and a group kitchen for tenants to use. No major cooking can be done in the units as there are no cooktop/ovens.
The complex is in the perfect location which is walking distance to Woolworths Shopping Centre, fast food outlets and Meadowbrook Tavern, Logan Hospital and transport, train a short distance away. The motorways are only a few minutes to get to the access for the Logan Motorway and to the Pacific Motorway.
Property History for 3/12 Yeates Cres, Meadowbrook, QLD 4131
- 12 Sep 2023Sold for $105,000
- 17 Aug 2023Listed for Sale Not Disclosed
- 22 Jul 2019Sold for $80,000
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0About Meadowbrook 4131
The size of Meadowbrook is approximately 5.7 square kilometres. It has 10 parks covering nearly 30.9% of total area. The population of Meadowbrook in 2011 was 3,138 people. By 2016 the population was 3,115 showing a population decline of 0.7% in the area during that time. The predominant age group in Meadowbrook is 20-29 years. Households in Meadowbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meadowbrook work in a clerical occupation. In 2011, 56.4% of the homes in Meadowbrook were owner-occupied compared with 58.4% in 2016.
Meadowbrook has 1,468 properties. Over the last 5 years, Houses in Meadowbrook have seen a 76.79% increase in median value, while Units have seen a 75.41% increase. As at 31 July 2024:
- The median value for Houses in Meadowbrook is $770,077 while the median value for Units is $486,536.
- Houses have a median rent of $580 while Units have a median rent of $245.
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