SOLD
Sold on 29 Apr 2024 for $3,565,000

205 Oakey Flat Road
Morayfield QLD 4506

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 3m2
Land area: 20000m2
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Property Details for 205 Oakey Flat Rd, Morayfield

205 Oakey Flat Rd, Morayfield is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1991. The property has a land size of 20000m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Morayfield in the last 12 months.

Building Type
House
Year Built
1991
Floor Size
3m2
Land Size
20000m2
Local Government
Moreton Bay
Lot/Plan
2/RP167142

Last Listing description (March 2017)

20,000m2 (2 Hectare) development site situated in the massive growth suburb of Morayfield, approximately 40Km from the Brisbane CBD.
A Development Application has been lodged for Material Change of Use and Preliminary Approval is being sought to establish a Local Centre of 2500m2 GFA and up to 100 Townhouses/Apartments.
3500m2 of the parcel has been reserved for future expansion.

The preliminary development concept is summarised as the following:
?- Up to 100 Townhouses/Apartments.
?- 2500m2 GFA of mixed Commercial and Retail use; and
?- Access onto Oakey Flat Rd and extended Clark Rd.
A Development Permit is also being sought for a 1 lot into 3 subdivision to facilitate same.
Oakey Flat, an Arterial Road, extends approximately 13.5km from Morayfield Road in the heart of Morayfield to Narangba where it intersects with Burpengary Road. As Morayfield is a regional shopping precinct Oakey Flat Road provides an easy access to Morayfield for a large catchment area predicted to experience 30% population growth for the period 2016 2031
Clark Rd on the southern boundary of the site is planned to be extended between Oakey Flat Road and Petersen Road, creating a new sub arterial link in this massive growth area.
Genuine sellers have committed to liquidating the property and invite all offers by Public Tender closing 4pm, Thursday 26th of February 2015.
Information Memorandum and Tender documents are available on request.

Property History for 205 Oakey Flat Rd, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$3,565,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $3,565,000
  • 27 Jan 2015
    Listed for Sale PRICE UPON APPLICATION

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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 12,475 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 77 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1144 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.