SOLD
Sold on 12 Oct 2024 for $855,000

5 Cronin Street
Morayfield QLD 4506

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 64m2
Land area: 400m2
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Property Details for 5 Cronin St, Morayfield

5 Cronin St, Morayfield is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 400m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom House sold in Morayfield in the last 12 months.

Building Type
House
Year Built
2019
Floor Size
64m2
Land Size
400m2
Local Government
Moreton Bay
Lot/Plan
69/SP273444

Last Listing description (October 2024)

Located in Morayfield rests this dual occupancy residence. Offering two separate tenancies with leases in place or the option to keep one as an investment and live in the other in time to come.

Crafted to maximise the income for the savvy investor with two properties on one title, low maintenance and NO BODY CORPORATE FEES.

Both units have open plan living, kitchen and dining areas, access to on street and off street parking, a single secured garage with a shared driveway and separate fenced grassed backyards with a covered patio area to unit 1.

Rental income is currently $875 per week for both properties, with the possibility of increasing with lease renewal in the future.

Unit 1 - Currently rented @ $495 per week -

- Lowset three bedrooms with built-in robes and ceiling fan

- Ensuite to master bedroom and generous size main bathroom

- Spacious modern kitchen with stainless steel appliances

- New paint and carper throughout

- Open plan, air-conditioned living area

- Covered patio

- Low maintenance, fully fenced yard

- Single remote lock up garage

Unit 2 - Currently rented @ $380 per week -

- Two bedrooms

- Modern kitchen with dishwasher

- Well apppointed main bathroom

- Air-conditioning and ceiling fans

- Open plan living and dining

- Fully fenced back yard

- Single remote lock up garage

Morayfield is a high growth location with strong employment opportunities, high rental demand, close to schools, shopping centres and public transport.

This property is well maintained and with tenants in place, there is nothing to do!

Contact me today to for more information.

Property Code: 11009

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Property History for 5 Cronin St, Morayfield, QLD 4506

A timeline of how this property has performed in the market
Last Sold
$855,000
12 Oct 2024
  • 12 Oct 2024
    Sold for $855,000
  • 03 Oct 2024
    Listed for Sale For Sale by Negotiation
  • 19 Jan 2022
    Listed for Sale For Sale
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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 12,671 properties. Over the last 5 years, Houses in Morayfield have seen a 109.20% increase in median value, while Units have seen a 102.19% increase. As at 30 November 2024:

  • The median value for Houses in Morayfield is $758,071 while the median value for Units is $516,158.
  • Houses have a median rent of $560 while Units have a median rent of $460.
There are currently 91 properties listed for sale, and 79 properties listed for rent in Morayfield on OnTheHouse. According to CoreLogic's data, 1121 properties were sold in the past 12 months in Morayfield.

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