SOLD
Sold on 07 Dec 2023 for $685,000

16 Sterling Road
Morayfield QLD 4506

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 152m2
Land area: 600m2
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Property Details for 16 Sterling Rd, Morayfield

16 Sterling Rd, Morayfield is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 600m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom Unit sold in Morayfield in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
152m2
Land Size
600m2
Local Government
Moreton Bay
Lot/Plan
16/SP273444

Last Listing description (November 2023)

CONTRACT CRASHED! This impressive duplex provides you with the unique advantage of dual income. Multiply your rental returns and diversify your investment portfolio effortlessly.

Crafted with quality and durability in mind, this brick duplex with a colorbond roof was thoughtfully constructed in 2017. Enjoy the peace of mind that comes with owning a low-maintenance, modern property that's designed to stand the test of time.

Unit 1 - A thoughtfully designed 3-bedroom providing space and comfort, complete with built-in wardrobes and a master bedroom featuring an ensuite. The open-plan lounge and dining area seamlessly connect to a spacious kitchen equipped with modern appliances, including a dishwasher. Enjoy the comfort of split-system air conditioning and tiled living areas. This unit has a garden shed and a big side yard, room for a dog.

Unit 2 - Has a smart design and offers a well-appointed 1-bedroom layout with a 2-way bathroom. The open-plan layout integrates a lounge, dining, and kitchen area. The kitchen features contemporary amenities, including a dishwasher. Modern comforts abound with split-system air conditioning, fans throughout, and quality finishes. Garden shed.

Unit 1 Rented at $430 per week, lease expires 14/3/24

Unit 22 - Rented at $335 per week, lease expires 11/9/24.

This duplex is strategically positioned near the park, offering a serene environment while being conveniently close to essential amenities, schools, shopping center, and transportation hubs. This prime location ensures high tenant demand and minimal vacancy periods.

Morayfield's real estate market is moving along at a good pace, presenting not only immediate returns but also the promise of future capital appreciation, further boosting your investment's value over time.

Details:
Unit 1-
3 Bedrooms, all with built-ins
Main bedroom with ensuite
Open plan lounge/dining
Spacious kitchen with dishwasher, electric hotplates, under-bench oven, spot for microwave
Tiled living areas with carpet in the bedrooms
Split-system air-conditioner in lounge
Internal laundry, Big electric HWS
Security screens
Patio
Garden shed, fully fenced with big side yard
Single lock-up garage
Fetching $430/wk

Unit 2-
1 Bedroom with 2-way bathroom
Open plan lounge/dining/kitchen
Dishwasher, electric hotplates, under-bench oven, spot for microwave
Tiled living area with carpet in the bedroom
Split/system air-conditioner in lounge area
Security screens, fans throughout, big electric HWS
Laundry in the single lock-up garage
Small patio area, backyard
Garden shed
Fully fenced
Fetching $335 per week

Schools:
Morayfield State Primary 1.3 klms
Minimbar Primary 1.92 klms
Caboolture Special School 2.24 klms
Morayfield High School 2.3 klms
Grace Lutheran College 6.8 klms
St Pauls Lutheran Primary & Kindergarten 9.1 klm

Places of Interest:
Bongaree Jetty, Bribie Island 30 klms
Caloundra, Sunshine Coast 52.9 klms
Brisbane Airport 44.3 klms
Brisbane CBD 48.1 klms

Seize the chance to secure an investment that combines modern living with smart financial growth. Contact us today for more details and to arrange a viewing. Your prosperous investment journey begins here!

Please contact me for your private viewing!

Presented by Jacky Rose - Director/Licensee of NOW Real Estate. NOW Real Estate is a family owned business; A complete Real Estate Service offering experience and expertise in the SALE and MANAGEMENT of residential properties in the Moreton Bay Shire.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy; we do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries. Rental figures and information are subject to change. This advertisement is not financial advice or investment recommendation.

Property History for 16 Sterling Rd, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$685,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $685,000
  • 28 Aug 2023
    Listed for Sale $695,000
  • 26 Jul 2021
    Sold for $540,000
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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 12,429 properties. Over the last 5 years, Houses in Morayfield have seen a 102.72% increase in median value, while Units have seen a 104.11% increase. As at 30 September 2024:

  • The median value for Houses in Morayfield is $744,078 while the median value for Units is $513,510.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 99 properties listed for sale, and 70 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1099 properties were sold in the past 12 months in Morayfield.

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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.