OFF MARKET

69 Morehead Avenue
Norman Park QLD 4170

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 405m2
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Property Details for 69 Morehead Ave, Norman Park

69 Morehead Ave, Norman Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 405m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1950
Floor Size
102m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
229/RP13150

Last Listing description (November 2020)

Perched at the very top of exclusive Morehead Avenue, this north-facing, near-level property has your future written all over it!

Currently accommodating a solid and very-liveable post-war home, clear potential exists to follow the lead of neighbouring properties and fully renovate or more likely build a brand-new luxury residence on the site*.

Already capturing outlooks across to the city skyline, there is scope to harness full and spectacular city views from future upper levels.

Offering an appealing rental prospect, the property can be land banked for future development or leased out to reduce holding costs while plans for a new build are undertaken. Currently tenanted until end of October 2020 rented at $460 / week.

Alternatively, take advantage of the existing homes great bones, character and modern updates to enjoy as is with a view to extending the floorplan into the huge rear yard or rebuilding when the time is right.

Either way, this is a rare opportunity that will not last!

Positioned in one of Norman Parks premier Avenues, the peaceful address sits within the coveted Seven Hill State School and Coorparoo Secondary College catchments and just a short walk to St Thomas Primary, bus and train transport, beautiful Perth Street Park and great local cafes and shops.
Only 5km from the CBD, with swift access to the Coorparoo Square lifestyle precinct and a choice of elite private colleges, it promises exceptional family convenience.

-High ceilings with ornate cornices; hardwood floors; classic casement window
-Large central lounge plus separate dining/family area
-Modernised kitchen with European Blanco oven and cooktop
-Three excellent sized bedrooms; updated central bathroom with separate toilet
-Reverse cycle air-conditioning and ceiling fans; breezy elevated position
-Large rear yard perfect for kids, pets, swimming pool or home extension
-Vast under-house storage, workshop, laundry, tandem garage

*Subject to Brisbane City Council Approval

Property History for 69 Morehead Ave, Norman Park, QLD 4170

A timeline of how this property has performed in the market
Last Sold
$810,069
03 Sep 2020
Listed for Rent
$450/w
23 Oct 2019
  • 03 Sep 2020
    Sold for $810,069
  • 18 Aug 2020
    Listed for Sale Under Contract
  • 16 Sep 2019
    Listed for Rent $450 / 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 3,064 properties. Over the last 5 years, Houses in Norman Park have seen a 69.62% increase in median value, while Units have seen a 58.14% increase. As at 31 August 2024:

  • The median value for Houses in Norman Park is $1,602,209 while the median value for Units is $785,246.
  • Houses have a median rent of $800 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Norman park on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Norman park.

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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.