8/154 Gympie StreetNorthgate QLD 4013
Property Details for 8/154 Gympie St, Northgate
8/154 Gympie St, Northgate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 77m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (January 2018)
The tenants have committed to another twelve month lease (ending April 2018) and are paying $300 per week.
With return on investment at above 6.0%, this property is an ideal entry level investment.
The owner is extremely motivated to find a buyer and has reduced the price accordingly. All reasonable offers will be considered!
It's just a short walk from Gympie St to the Northgate Train station and the local Northgate Shops (with the very well-known Rhino Espresso).
Nundah is the next train stop, where you can access an abundance of specialty shops, gyms, pubs & restaurants.
Brisbane Airports, Gateway & M7Airportlink are also in easy reach.
There are ten units in the complex and the current tenants say all the neighbours are friendly and quiet.
There is a communal laundry and well maintained yards. Small pets are permitted, with Body Corp approval.
The Body Corp details are;
- Body Corp Per Annum $1800.15 (Paid in 3 x $600.05 instalments)
- Balance of Sinking Fund - $16,066.81
- BCC Rates - $350.68
Call now to arrange an inspection!
Property History for 8/154 Gympie St, Northgate, QLD 4013
- 20 Sep 2017Sold for $260,000
- 30 Nov 2016Listed for Sale $260,000 (under offer)
- 07 Apr 2016Listed for Rent $300 / week
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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.
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