OFF MARKET

46 Wellington Road
Murrumba Downs QLD 4503

Bedrooms: 5
Bathrooms: 3
Car spaces: 5
Floor area: 113m2
Land area: 705m2
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Property Details for 46 Wellington Rd, Murrumba Downs

46 Wellington Rd, Murrumba Downs is a 5 bedroom, 3 bathroom House with 5 parking spaces and was built in 2010. The property has a land size of 705m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2010
Floor Size
113m2
Land Size
705m2
Local Government
Moreton Bay
Lot/Plan
50/SP210040

Last Listing description (May 2024)

Introducing 46 Wellington Road, located adjoining the prestigious North Quarter Estate of Murrumba Downs: A dual dwelling comprising a 2-Bedroom Upper Floor Unit with 1 Bathroom above a 3-Car Lockup Garage and located to the rear a luxurious 3-Bedroom Ground Floor Unit with 2 Bathrooms and 2-Car Port on a Spacious 705 sq.m. Block. The front and rear units have a firewall between them allowing for the possibility of separate titles.

This modern and beautifully constructed home was built in 2010 to an exceptional standard, ensuring long-lasting quality and offering substantial tax depreciation benefits. The property boasts numerous impressive features that make it an excellent investment opportunity.

The property is occupied by two fantastic long-term tenants who pay a combined $760 a week, offering a stable and reliable income stream for savvy investors for a gross rental yield of ~ 5% PLUS the tax depreciation.

There is also an opportunity to construct an additional dwelling in the rear garden.

It's worth noting that a nearby 866 sq.m. vacant block has received an offer of $850,000!

The front, self-contained unit has a balcony with amazing views.

The rear ground floor unit is gated to allow use of the extensive garden.

Contact Nigel Lucas for further information.

Property Code: 6159

Property History for 46 Wellington Rd, Murrumba Downs, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$795,000
15 Aug 2023
Listed for Rent
$375/w
23 May 2017
  • 15 Aug 2023
    Sold for $795,000
  • 05 Aug 2023
    Listed for Sale Not Disclosed
  • 31 Jan 2017
    Listed for Rent - Price not available
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About Murrumba Downs 4503

The size of Murrumba Downs is approximately 6.4 square kilometres. It has 25 parks covering nearly 19.4% of total area. The population of Murrumba Downs in 2011 was 9,392 people. By 2016 the population was 10,680 showing a population growth of 13.7% in the area during that time. The predominant age group in Murrumba Downs is 0-9 years. Households in Murrumba Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumba Downs work in a professional occupation. In 2011, 69.5% of the homes in Murrumba Downs were owner-occupied compared with 65.1% in 2016.

Murrumba Downs has 4,523 properties. Over the last 5 years, Houses in Murrumba Downs have seen a 82.33% increase in median value, while Units have seen a 100.93% increase. As at 30 September 2024:

  • The median value for Houses in Murrumba Downs is $956,042 while the median value for Units is $586,009.
  • Houses have a median rent of $620 while Units have a median rent of $525.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Murrumba downs on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Murrumba downs.

Suburb Insights for Murrumba Downs 4503

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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.