SOLD
Sold on 05 Feb 2024 for $825,000

2/72-74 Koala Drive
Morayfield QLD 4506

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 56m2
Land area: 87m2
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Property Details for 2/72-74 Koala Dr, Morayfield

2/72-74 Koala Dr, Morayfield is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 2011. The property has a land size of 87m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Morayfield in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
56m2
Land Size
87m2
Local Government
Moreton Bay
Lot/Plan
2/SP249281

Last Listing description (February 2024)

Please use the property ID code 2260 when phoning. Please do not text.

This dual-key property offers two units each on its own title.

Not only is each property titled individually but being on a corner lot each unit has it's own driveway, no tenant disputes over driveway parking, ever!

Set on a large 708sq metre block, (unlike new builds on much smaller lots) this 2011 build year property has been very well maintained.

Unit 1 has 3 bedrooms with a double lock up garage which is also a rare find in a dual key property making it more attractive to tenants. Quiet cul-de-sac location with air-con and modern ammenities. Rent set until April 2024 $390 pw

Unit 2 has 2 bedrooms with a single lock up garage Many similar properties in the area are built on land approx 200-250m2 smaller. Quiet location, with no passing traffic and a spacious lawn area for kids to play. Rent set till Sept 2024 $300 pw.

Both have a healthy existing long tenants.
With its low-set dual-key duplex design and modern fittings, it is not only aesthetically pleasing but also a practical choice for astute investors.

Morayfield is an exciting community with all your shopping amenities, allied health options, child care and schools close at hand. Quick access to the Bruce Highway ensures an easy commute to Brisbane city and suburbs, Brisbane Airport and the Sunshine Coast. Situated in a prime location, this property offers versatility and value like no other!
Whether you're an experienced investor looking to expand your portfolio or a family seeking a home that accommodates everyone, this property is the answer!

The thoughtfully designed layout inside and out ensures privacy for both units, making it ideal for accommodating multi-generational families while maintaining independent living spaces.

Duplex homes are super popular because of their generous size and although this has two titles, there are no body corporate fees to cover.

Unit 1
3 bedroom, ensuite off main bedroom
The main bathroom has a bathtub.
Al Fresco outdoordining area
Fully Fenced
DLUG

Unit 2.
2 bedrooms with its own SLUG
Fully fenced outdoor patio with garden views
As the property is fully tenanted Inspection is by appointment only.
To book an inspection please use the RED 'Get in Touch' tab (on a desktop) or RED 'Email' (on an Android, iPhone or iPad) which will go directly to the person managing the property.

Property History for 2/72-74 Koala Dr, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$825,000
05 Feb 2024
Listed for Rent
$280/w
14 Dec 2018
  • 05 Feb 2024
    Sold for $825,000
  • 30 Jan 2024
    Listed for Sale $805,000
  • 20 Feb 2020
    Sold for $510,100
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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 12,473 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 105 properties listed for sale, and 76 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1146 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.