SOLD
Sold on 17 Jul 2024 for $610,000

1308/132 Osborne Road
Mitchelton QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 84m2
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Property Details for 1308/132 Osborne Rd, Mitchelton

1308/132 Osborne Rd, Mitchelton is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 84m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Mitchelton in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
74m2
Land Size
84m2
Local Government
Brisbane
Lot/Plan
1308/SP273924

Last Listing description (November 2016)

A 'MATUSIK PROPERTY PICK, Signature Apartments at Mitchelton has all the hallmarks of a great investment opportunity.
1. PROJECT: Well positioned new two-bedroom apartments with good depreciation benefits and low outgoings and maintenance.
2. LOCATION: 8km from Brisbane GPO, walk to Mitchelton railway station and bus stops, across the road from recently renovated Brookside Shopping centre.

3. VALUE: Very affordable, priced well under $450,000, fully-air conditioned, bank valuation support, expert rental market evidence, low body corporate fees.
4. DEMAND: Need to build up to 1,300 new dwellings each year in the immediate area, greatest housing demand is for affordable, attached dwellings.
5. DESIGN: Large living/dining area, galley kitchens, well sized robes & ensuites, secure undercover parking, basement storage.
6. TIMING: Brisbane property recovery, growing local population, new jobs being created in the local area, many new local infrastructure improvements.
7. RECOVERY: Local sale volumes are rising fast, prices & rents starting to increase, stock for resale is in decline, vacancy rate remains tight.
MITCHELTON might be a hidden gem, but it's not going to stay secret for much longer.
Thanks to its many appeals to professional, young couples and families alike, Mitchelton's future growth is assured in a resurging Brisbane market.
WITH INTEREST RATES AT RECORD LOW'S, THERE IS NO BETTER TIME TO SECURE YOUR SIGNATURE APARTMENT.
ASK US ABOUT THE 6% RENT GUARANTEE AVAILABLE FOR 12 MONTHS FROM SETTLEMENT*
SALE OFFICE OPEN WED-SUN 10am to 4pm - 108 Osborne Road. Mitchelton
*T&C's apply

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Property History for 1308/132 Osborne Rd, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$610,000
17 Jul 2024
  • 17 Jul 2024
    Sold for $610,000
  • 10 Apr 2017
    Sold for $446,500
  • 11 Jun 2015
    Listed for Sale 50% Sold in 8 wks

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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016.

Mitchelton has 3,953 properties. Over the last 5 years, Houses in Mitchelton have seen a 82.14% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Mitchelton is $1,204,621 while the median value for Units is $687,464.
  • Houses have a median rent of $643 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Mitchelton.

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