SOLD
Sold on 30 May 2024 for $1,040,000

242 Toombul Road
Northgate QLD 4013

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 98m2
Land area: 810m2
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Property Details for 242 Toombul Rd, Northgate

242 Toombul Rd, Northgate is a 4 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 810m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Northgate in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
98m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
448/RP34599

Last Listing description (September 2021)

High Profile position now offered to the Market for Sale.

- 810M2

- The Site offers direct traffic exposure to Toombul Road and the Gateway Arterial.
- Currently tenanted as residential
- Property has a Commercial Overlay
- Excellent opportunity for Development Potential
- New to the Market after being held for 20 Years in a very tightly held Commercial/Industrial area.

Motivated Landlord after genuine Enquiries only.

Please contact the Exclusive Agents for Plans and more information.

Property History for 242 Toombul Rd, Northgate, QLD 4013

A timeline of how this property has performed in the market
Last Sold
$1,040,000
30 May 2024
Listed for Rent
$805/w
15 Apr 2011
  • 30 May 2024
    Sold for $1,040,000
  • 01 Jun 2021
    Sold for $650,000
  • 09 Mar 2021
    Listed for Sale PRICE UPON APPLICATION
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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 2,773 properties. Over the last 5 years, Houses in Northgate have seen a 75.53% increase in median value, while Units have seen a 78.50% increase. As at 31 August 2024:

  • The median value for Houses in Northgate is $1,147,686 while the median value for Units is $646,434.
  • Houses have a median rent of $630 while Units have a median rent of $515.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Northgate on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Northgate.

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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.