1/625 Wynnum RoadMorningside QLD 4170
Property Details for 1/625 Wynnum Rd, Morningside
Last Listing description (November 2023)
Chase Commercial, as Exclusive agents, are proud to present this rarely available investment property and we seek interest from all private investors and SMSF's. Key investment features include:
+ 20sqm building + 27sqm exclusive use area
+ Net annual Income of $30,002 p.a. + outgoings + GST
+ Strong and certain growth with 3% annual rental increases
+ Chase management division offers full service asset management
For a private viewing or copy of the IM, please contact the listing agent, Oliver Gardiner.
Property History for 1/625 Wynnum Rd, Morningside, QLD 4170
- 14 Nov 2023Sold for $480,000
- 14 Dec 2020Sold for $285,000
- 11 Jun 2018Listed for Sale CONTACT AGENT
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0About Morningside 4170
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.
Morningside has 6,542 properties. Over the last 5 years, Houses in Morningside have seen a 84.33% increase in median value, while Units have seen a 74.59% increase. As at 30 September 2024:
- The median value for Houses in Morningside is $1,405,487 while the median value for Units is $784,337.
- Houses have a median rent of $700 while Units have a median rent of $620.
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