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Sold on 07 May 2024 for $510,000

4/3 Durack Street
Moorooka QLD 4105

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 103m2
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Property Details for 4/3 Durack St, Moorooka

4/3 Durack St, Moorooka is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 103m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Moorooka in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
4/SP191285

Last Listing description (May 2024)

This light and bright unit is situated in one of Brisbane's most highly sought-after suburbs. Units in this block are extremely rare to come by and consistently enjoy a high occupancy rate. Invest or owner occupy, both present exceptional buying opportunities.

Features:
3 spacious bedrooms, both with built-ins and fans

Bathroom
Kitchen with gas cooktop, stainless steel appliances, and range hood.
Open plan lounge and dining areas
Security screens
1 generous lock-up remote control garage plus laundry and storage space
Small complex of only six units

Located in a convenient location, this property is minutes' walk to local shops, coffee shops and bars, Woolworths, and restaurants. Close to local parks, schools, Woolworths, and other cafes and shops are a brief walk away at the other end of Durack Street.

This property also presents a fantastic investment opportunity with great potential for rental returns. Recent rent appraisal was $500 to $520 p/w.

Body Corp - $547.80 p/q
Rates - $453.64 p/q

Don't miss out on this amazing opportunity! For more information or to arrange a private inspection, please contact Laney McQueen.

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

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Property History for 4/3 Durack St, Moorooka, QLD 4105

A timeline of how this property has performed in the market
Last Sold
$510,000
07 May 2024
Listed for Rent
$315/w
19 Nov 2015
  • 22 Apr 2024
    Sold for $510,000
  • 24 Oct 2023
    Listed for Sale FOR SALE
  • 30 Oct 2015
    Listed for Rent $250 / week
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About Moorooka 4105

The size of Moorooka is approximately 4.1 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Moorooka in 2011 was 9,984 people. By 2016 the population was 10,365 showing a population growth of 3.8% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation. In 2011, 58.1% of the homes in Moorooka were owner-occupied compared with 56.3% in 2016.

Moorooka has 5,630 properties. Over the last 5 years, Houses in Moorooka have seen a 78.44% increase in median value, while Units have seen a 82.22% increase. As at 31 October 2024:

  • The median value for Houses in Moorooka is $1,130,592 while the median value for Units is $630,812.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 37 properties listed for sale, and 16 properties listed for rent in Moorooka on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Moorooka.

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Laney Mcqueen
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