40/12-14 Yeates Cres, Meadowbrook is a 3 bedroom, 2 bathroom Unit and was built in 1998. The property has a floor size of 109m2.
This 3 bedroom unit is situated in an Over 50's complex so unfortunately no children can live in this unit. There are only 2 of these units in this complex all other units are 1 bedroom units. For the investor, potential rent would be around $300 per week. There is body corp and rates and you do have a title for this unit.
The unit consists of 3 bedrooms all with robes. The main bedroom has an air conditioning unit, robe and ensuite. The main bathroom also consists of the laundry. The open planned living area is quite spacious with ceiling fans. There are security screens on all windows and door and the screen door out to the courtyard/ alfresco area has a pet door for your small fur baby.
Within walking distance to Woolworths Shopping Centre, fast food outlets and Meadowbrook Tavern, Logan Hospital and transport, train a short distance away. And you have easy access to both Logan Motorway and M1 to Gold Coast.
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 1,460 properties. Over the last 5 years, Houses in Meadowbrook have seen a 78.33% increase in median value, while Units have seen a 95.45% increase. As at 30 September 2024:
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