OFF MARKET

4/12 Yeates Crescent
Meadowbrook QLD 4131

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 29m2
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Last updated 11 Nov 2024
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Property Details for 4/12 Yeates Cres, Meadowbrook

4/12 Yeates Cres, Meadowbrook is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. 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.

Building Type
Unit
Land Size
29m2
Local Government
Logan City
Lot/Plan
4/SP268164

Last Listing description (October 2023)

If you're a first-time investor trying to get a start, or a seasoned pro looking for something that will provides a strong yield and always in demand location, this is what you have been searching for.

We offer not one, but two, 1 bedroom, 1bathroom villas in a small, secure and gated complex that provide walking access to Woolworths, hospital, university, TAFE and train station.

Low maintenance, no steps and easy care, the complex has an on-site manager and less than 40 units in total meaning it provides you with the peace of mind you have been looking for. Targeting pensioners as their preferred tenants, on offer is secure gated entry, laundry room and residents function facility. With body corporates totaling $987.38/qtr you will find a relaxed and friendly feel, free of the mixes of less desirable tenants that can infect some complexes.

Priced at an amazing $115,000 per unit, this represents a massive gross yield and an opportunity you simply cannot miss.

Contact Darren McCosker on 0420 620 760 or Sharky Au on 0424 831 155 to organise your inspection.

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Property History for 4/12 Yeates Cres, Meadowbrook, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$105,000
12 Sep 2023
  • 20 Sep 2023
    Listed for Sale ANOTHER SOLD BY THE DARREN McCOSKER TEAM
  • 12 Sep 2023
    Sold for $105,000
  • 22 Jul 2019
    Sold for $80,000

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About 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 1,457 properties. Over the last 5 years, Houses in Meadowbrook have seen a 78.21% increase in median value, while Units have seen a 100.63% increase. As at 31 October 2024:

  • The median value for Houses in Meadowbrook is $783,346 while the median value for Units is $532,957.
  • Houses have a median rent of $625 while Units have a median rent of $220.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Meadowbrook on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Meadowbrook.

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