OFF MARKET

13 Fraser Place
Morayfield QLD 4506

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 1038m2
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Property Details for 13 Fraser Pl, Morayfield

13 Fraser Pl, Morayfield is a 6 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 1038m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1991
Floor Size
83m2
Land Size
1038m2
Local Government
Moreton Bay
Lot/Plan
136/RP192399

Last Listing description (February 2023)

Sold By Kathy Sweeney - Principal of RE/MAX Living

1,038m2 + Double Side Access, both on a fantastic block size, which presents an incredible investment opportunity. This duplex which presents an incredible investment opportunity.

This duplex is currently rented on both sides, creating a dual income property with NO body corporate fees. Easy potential to reach 6% ROI, better than any of the banks!

Dual incomes or live in one and rent out the other. The choice is yours!

Here's the Deal! - $700,000 for both! With a current weekly rental income of $620.00. This figure is due to be increased. The latest rental appraisal came in at a weekly income of between $740.00 - $780.00 per week ($370 - $390 per week per unit), with a rental yield of 5.79%

Unit A, 3 bed | 1 Bath | 1 Car
- Ceiling fans in all bedrooms & living area
- Laundry room
- Kitchen with abundance of cupboard & bench space, dishwasher space, large pantry, electric stove top, oven & rangehood, stainless steel double sink & lots of natural light
- Large undercover patio area
- Huge yard
- Fully fenced
- Side access gates
- Single lock up garage with internal access
- Large front yard with plenty of parking space

Unit B, 3 bed | 1 Bath | 1 Car
- Ceiling fans in all bedrooms & living area
- Laundry room
- Kitchen with abundance of cupboard & bench space, stainless steel double sink & lots of natural light
- Large undercover patio area
- Huge yard
- Fully fenced
- Side access gates
- Single lock up garage with internal access
- Large front yard with plenty of parking space

Other figures:
Council Rates: $895.00 Quarterly

Location:
- 350m to Grogan Road Park & Dog Park
- 700m to Morayfield East State School
- 2 Minutes to Early learning centre
- 2 Minutes to all that Morayfield Road has to offer
- 4 Minutes to the Bruce Highway
- 4 Minutes to the Morayfield Train Station
- 5 minutes to Morayfield Super Centre with Woolworths, Aldi, Spotlight, Chemist & many food options
- 5 Minutes to Morayfield Sports & Events centre
- 5 Minutes to Burpengary Bite Markets attraction
- 6 Minutes to Bunnings
- 6 Minutes to Burpengary Regional Aquatic & Leisure Centre

Motivated investor looking to purchase both sides of a duplex with great tenants already in place? AND on a huge 1,038m2 block? Call Kathy or Will today to discuss, as this prime investment should not be missed.

Property History for 13 Fraser Pl, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$701,000
23 Dec 2022
Listed for Rent
20 Aug 2019
  • 23 Dec 2022
    Sold for $701,000
  • 15 Dec 2022
    Listed for Sale $700,000
  • 02 Jul 2021
    Listed for Rent $270 / week
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About Morayfield 4506

The size of Morayfield is approximately 44.5 square kilometres. It has 58 parks covering nearly 6.3% of total area. The population of Morayfield in 2011 was 19,346 people. By 2016 the population was 21,403 showing a population growth of 10.6% in the area during that time. The predominant age group in Morayfield is 0-9 years. Households in Morayfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morayfield work in a trades occupation. In 2011, 58.3% of the homes in Morayfield were owner-occupied compared with 55.1% in 2016.

Morayfield has 12,471 properties. Over the last 5 years, Houses in Morayfield have seen a 107.80% increase in median value, while Units have seen a 109.20% increase. As at 31 October 2024:

  • The median value for Houses in Morayfield is $747,813 while the median value for Units is $519,476.
  • Houses have a median rent of $560 while Units have a median rent of $460.
There are currently 104 properties listed for sale, and 77 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1143 properties were sold in the past 12 months in Morayfield.

Suburb Insights for Morayfield 4506

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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.