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Sold on 25 Nov 2024 for $1,205,000

5 Waite Street
Norman Park QLD 4170

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 205m2
Land area: 405m2
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Property Details for 5 Waite St, Norman Park

5 Waite St, Norman Park is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 405m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 6 bedroom House sold in Norman Park in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
205m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
77/SP161998

Last Listing description (December 2024)

Located in the highly desirable suburb of Norman Park, this two-level home offers a blend of comfort, style, and convenience. The property features six bedrooms, multiple living areas, and two bathrooms.

The six bedrooms offer plentiful space for large families, guests, or the option to create a home office. With two separate lounge areas?one on each level?everyone has room to unwind. The heart of the home is a well-appointed kitchen that flows seamlessly into the dining area and outdoor decks, making it ideal for both everyday meals and larger gatherings.

Two bathrooms offer convenience for busy households, while a two-car carport provides safe parking. The home's thoughtful layout ensures a comfortable lifestyle for families while also offering strong appeal to prospective tenants.

This property represents an excellent investment opportunity with strong rental return potential, recently achieving $1,050 per week. Situated within walking distance of Norman Park train station, local bus stops, and the highly regarded Norman Park State School, it offers convenient access to the Brisbane CBD and local amenities. With nearby cafes, restaurants, shopping centres, and parks, this home promises both lifestyle and financial rewards for families and investors alike.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 5 Waite St, Norman Park, QLD 4170

A timeline of how this property has performed in the market
Last Sold
$1,205,000
25 Nov 2024
Listed for Rent
$950/w
19 Sep 2024
  • 25 Nov 2024
    Sold for $1,205,000
  • 22 Oct 2024
    Listed for Sale Offers Over $1,200,000
  • 09 Aug 2024
    Listed for Rent $950 / week
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About Norman Park 4170

The size of Norman Park is approximately 2.3 square kilometres. It has 14 parks covering nearly 13.8% of total area. The population of Norman Park in 2011 was 6,002 people. By 2016 the population was 6,269 showing a population growth of 4.4% in the area during that time. The predominant age group in Norman Park is 30-39 years. Households in Norman Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norman Park work in a professional occupation. In 2011, 61% of the homes in Norman Park were owner-occupied compared with 62% in 2016.

Norman Park has 3,069 properties. Over the last 5 years, Houses in Norman Park have seen a 64.31% increase in median value, while Units have seen a 63.80% increase. As at 30 November 2024:

  • The median value for Houses in Norman Park is $1,608,832 while the median value for Units is $832,084.
  • Houses have a median rent of $780 while Units have a median rent of $625.
There are currently 5 properties listed for sale, and 9 properties listed for rent in Norman park on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Norman park.

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