OFF MARKET

19 Magenta Crescent
Mitchelton QLD 4053

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 187m2
Land area: 454m2
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Property Details for 19 Magenta Cres, Mitchelton

19 Magenta Cres, Mitchelton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 454m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in January 2007.

Building Type
House
Year Built
2002
Floor Size
187m2
Land Size
454m2
Local Government
Brisbane
Lot/Plan
63/SP132801

Last Listing description (April 2019)

Here's a spacious home with front and rear patios designed to enable a smooth lifestyle. It s in on the high side of a quiet, leafy street with some great local views. Mitchelton is an area that has been targeted by the coffee shop people as one of Brisbane s 'hot property' suburbs, being only 8kms to the Brisbane CBD. Your tenants will love the close proximity to a mix of primary and high schools, cafe's, Brookside Shopping Centre and the train station.
Through the ground level front door, you'll find the formal entry and fourth bedroom with it's own separate toilet and powder room. There is also a huge, lockable area for storage.
Heading upstairs you'll breeze through the living/ lounge area with easy care tiled floors and doors out to each patio. The kitchen is well lit and has a retro vibe. The three other bedrooms are located up stairs, each with a built-in robe and ceiling fans. The main bedroom and living areas are air conditioned.

This place is ideal for the savvy Investor looking to capitalise on steady growth that Mitchelton is experiencing. The house has just been painted internally and fresh carpet has been laid.
DHA Lease End Date: 13/08/2024
DHA Guaranteed rent: $585 per week
DHA Lease Options and Variations
Option Available: 1 x up to 36 months
Right to Vary Available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Note that the option and right to vary is at DHA's discretion.
Guaranteed rent is paid 52 weeks a year
Rent is paid a month in advance (no vacant days)
Rent is reviewed in December every year by a registered valuer
DHA Property Care maintenance
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only

Property History for 19 Magenta Cres, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$415,000
17 Jan 2007
  • 08 Jan 2019
    Listed for Sale $675,000
  • 17 Jan 2007
    Sold for $415,000
  • 11 Mar 2005
    Listed for Sale 450000
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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 3,955 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 23 properties listed for sale, and 11 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Mitchelton.

Suburb Insights for Mitchelton 4053

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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.