SOLD
Sold on 21 Nov 2023 for $220,000

41/66 University Drive
Meadowbrook QLD 4131

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Floor area: 90m2
Land area: 94m2
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Property Details for 41/66 University Dr, Meadowbrook

41/66 University Dr, Meadowbrook is a 4 bedroom, 4 bathroom Unit and was built in 2007. The property has a land size of 94m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom Unit sold in Meadowbrook in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
90m2
Land Size
94m2
Local Government
Logan City
Lot/Plan
41/SP133946

Last Listing description (December 2023)

It's a student accommodation investment unit and investors dream. High cash flow investment next to the University, always easy to be rented out, excellent facilities and on-site management. This is one of the better condition unit inside the complex, always attract good potential tenants.

This apartment has (4) four fully furnished bedrooms, all with ensuites and built-in wardrobes, and a study area in each room. The unit offers affordable, secure, fully self-contained, resort style accommodation tailored for student and single living, each room has the separate rental income that make you maximize your invest return.

Location is super good. The complex is only 5 mins walk from the Griffith University Logan Campus. The Logan Southside TAFE is only a short walk away, as is the Logan Hospital, Local Shopping Centre and Loganlea Railway Station. There is also a bus stop right out the front. The complex is ideally situated between Brisbane City and the Gold Coast.

The common shared area has a furnished lounge/dining room, kitchen, laundry and a private outdoor courtyard. Each apartment is equipped with a washing machine, clothes dryer, fridge, vacuum cleaner and microwave.

The complex has resort style facilities including a 25 meter Swimming Pool, BBQs Sauna, Tennis/Basketball court and a large Pavilion with table tennis, pool table, gym equipment and entertaining areas set up with table and chairs, or lounges and a TV.

Inspection by appointment; Call us today!

Property History for 41/66 University Dr, Meadowbrook, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$220,000
21 Nov 2023
Listed for Rent
$190/w
18 Mar 2019
  • 21 Nov 2023
    Sold for $220,000
  • 07 Sep 2023
    Listed for Sale Offers Over $235,000
  • 31 Jan 2019
    Listed for Rent $190 / week
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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 1,468 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.
There are currently 14 properties listed for sale, and 14 properties listed for rent in Meadowbrook on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Meadowbrook.

Suburb Insights for Meadowbrook 4131

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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.