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Sold on 04 Nov 2024 for $980,000

18 Ofarrell Avenue
Northgate QLD 4013

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 405m2
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Clark Real Estate - LUTWYCHE
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Property Details for 18 Ofarrell Ave, Northgate

18 Ofarrell Ave, Northgate is a 3 bedroom, 1 bathroom House with 1 parking spaces. 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 November 2024. There are other 3 bedroom House sold in Northgate in the last 12 months.

Building Type
House
Floor Size
102m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
90/RP34599

Last Listing description (November 2024)

Discover the endless possibilities with this charming property, nestled among quality homes in a highly sought-after neighborhood. Whether you're an owner-occupier, investor, renovator, or looking for the perfect spot to build your dream home (STCA), this versatile property offers immense potential.

Built in the mid 1970s, this home offers a blend of original charm and recent upgrades. Investors can enjoy strong rental returns of $630 - $700/week. With a kitchen updated just 20 years ago and a stylish bathroom completed only a few years back, the home is ready to live in or modernize to your taste. The polished hardwood floors, fresh internal paint, and newly built front porch and stairs enhance the clean, modern feel.

The air-conditioned living area and two of the three bedrooms ensure comfort, making it an ideal family home. Internal stairs lead down to a versatile space with huge potential, including a council-approved second bathroom and partially finished utility rooms (ready for the lucky new owners to line with gyprock) -perfect for a future home office, teenager's retreat, or multi-generational living (approximately 2.2m in height).

Key Features:

-Prime position directly opposite Progress Park
-Rental appraisal $630 - $700/week
-Spacious, well-appointed kitchen with electric stove and ample storage
-Open-plan living and dining areas, flowing onto a sunny front porch
-Upstairs bathroom has separate bath and shower
-Separate toilet upstairs
-Internal staircase
-Bonus second bathroom downstairs with shower and toilet
-Air-conditioning throughout
-15 solar panels with a 5.5kW inverter (approximate) for energy efficiency
-5000L water tank and pump
-Fully fenced with side access for a trailer
-7m x 4m council-approved shed/workshop with power and lighting
-Additional garden shed
-Electric heat pump hot water system

Location Highlights:

Located on a peaceful street with a welcoming community of owner-occupiers, this property is within the catchments of Northgate State School and Earnshaw State College. A short 7-minute walk to Northgate Train Station, with express services to the city, makes commuting easy. -Enjoy nearby parks, bike paths, and all the conveniences this vibrant area has to offer. Plus (ACU) Australian Catholic University is within a very short drive or bike ride.

This is your opportunity to create the home of your dreams or secure a great investment in a prime location. Let your imagination run wild!

Don't miss your chance-call us today!

PERSONAL INFORMATION COLLECTION NOTICE
Clark Real Estate is committed to protecting the health and safety of our community and team members.
By attending a property inspection, you agree that your personal information will be recorded and kept by Clark Real Estate. If you do not agree, please contact our office on 07 3256 1600 prior to your arranged inspection time to change your inspection to a virtual inspection where you do not physically attend.

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Licence number: 32346

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Property History for 18 Ofarrell Ave, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$980,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $980,000
  • 24 Oct 2024
    Listed for Sale Under Contract
  • 12 Feb 2010
    Transferred for $390,000
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About Northgate 4013

The size of Northgate is approximately 3.3 square kilometres. It has 12 parks covering nearly 13.1% of total area. The population of Northgate in 2011 was 4,304 people. By 2016 the population was 4,553 showing a population growth of 5.8% in the area during that time. The predominant age group in Northgate is 20-29 years. Households in Northgate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northgate work in a professional occupation. In 2011, 54.6% of the homes in Northgate were owner-occupied compared with 52.7% in 2016.

Northgate has 2,762 properties. Over the last 5 years, Houses in Northgate have seen a 81.24% increase in median value, while Units have seen a 79.37% increase. As at 31 October 2024:

  • The median value for Houses in Northgate is $1,194,752 while the median value for Units is $644,051.
  • Houses have a median rent of $630 while Units have a median rent of $535.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Northgate.

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