85 Cottontree Dr, Narangba is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 693m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 4 bedroom House sold in Narangba in the last 12 months.
This beautiful 4 Bedroom, 2 Bathroom, 1 multipurpose room, 1 dining room and 2 car garage situated on a 693 sqm block of land. With high ceilings and open plan living built with extra large bedrooms this is the ultimate family home.
Room for some renovation and bones to create you dream home. This property will not be on the market long. With a great piece of land and a floor plan to dream of in the heart of Narangba.
Located close to schools, shops, daycare centres, parks, bike paths, public transport and everything you need to fit into an amazing community.
Within a short distance to the Narangba train station and local public transport to assist with commute to work or great family adventures and only a short distance to all highway entries complete the location like a hidden gem.
Property Features:
- High ceilings
- Open plan kitchen
- New solar system
- Extra large bedrooms
- Inbuilt wardrobes in all rooms
- Extra large open floor plan
- NBN ready.
- Security system.
- Ducted Ac through out
- Large 2 car garage.
- Foxtel.
Suburb review from the Real Estate Investor:
Narangba is a suburb in the Moreton Bay Region of Queensland. Narangba has a population of 18,576 people and 22.46% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 27.73% over the past year and changed 43.14% over 2 years.
The median rent in Narangba for houses is $500 per week and the median rental yield is 3.71%. Stock on the market for houses/townhouses has changed 36.54% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Narangba is NA per week, producing a rental yield of NA.
Investor Opportunity:
Capital growth - 27.73 %
Rent per week est - $600 - $650 pw
Vacancy rate - 0.65 %
Est yield - 4.66%
Contact Jack Allwood for more information jack@projectpropertysales.com.au 0410 302 343
The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5% of total area. The population of Narangba in 2011 was 16,223 people. By 2016 the population was 18,584 showing a population growth of 14.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a trades occupation. In 2011, 76.9% of the homes in Narangba were owner-occupied compared with 73.9% in 2016.
Narangba has 8,868 properties.
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