1 Butler StreetNew Auckland QLD 4680
Property Details for 1 Butler St, New Auckland
1 Butler St, New Auckland is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 779m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2012.
Last Listing description (July 2014)
Superb investment for your portfolio
Property value $450K
(weekly) Rental income $620
Asset Economics does recommend this property.
Asset Economics recommends a
long term approach on this property.
Asset Economics recommends that
this is an 'investment property that works'.
According to the ABS and experts such as Matusik, the rent return for capital city houses is 2.8%; 3.5% for apartments. We do not recommend investment properties with a rental return below 5.0%.
Property History for 1 Butler St, New Auckland, QLD 4680
- 05 Jul 2013Listed for Sale 450000
- 23 Oct 2012Sold for $365,000
- 02 Jun 2012Listed for Sale NOW $375,000
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0About New Auckland 4680
The size of New Auckland is approximately 3.7 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of New Auckland in 2011 was 4,711 people. By 2016 the population was 5,075 showing a population growth of 7.7% in the area during that time. The predominant age group in New Auckland is 0-9 years. Households in New Auckland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Auckland work in a trades occupation. In 2011, 59.2% of the homes in New Auckland were owner-occupied compared with 55.1% in 2016.
New Auckland has 2,396 properties. Over the last 5 years, Houses in New Auckland have seen a 91.47% increase in median value, while Units have seen a 78.36% increase. As at 31 October 2024:
- The median value for Houses in New Auckland is $562,816 while the median value for Units is $219,334.
- Houses have a median rent of $500 while Units have a median rent of $320.
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