SOLD
Sold on 15 Nov 2023 for $1,060,000

391 Yaamba Road
Park Avenue QLD 4701

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 430m2
Land area: 756m2
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Sold By
Knight Frank - Rockhampton
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Property Details for 391 Yaamba Rd, Park Avenue

Building Type
Commercial
Floor Size
430m2
Land Size
756m2
Local Government
Rockhampton Regional
Lot/Plan
2/RP606374

Last Listing description (November 2023)

A significant position on the Bruce Highway North Rockhampton.

Blue chip tenant

4 year initial lease term

Quality concrete block construction.

Rockhampton's economy is thriving with numerous infrastructure projects.

Excellent investment opportunity

Contact Pat O'Driscoll for further information 0418 792 571

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Property History for 391 Yaamba Rd, Park Avenue, QLD 4701

A timeline of how this property has performed in the market
Last Sold
$1,060,000
15 Nov 2023
Listed for Rent
$1.40k/w
02 Dec 2022
  • 15 Nov 2023
    Sold for $1,060,000
  • 08 Sep 2023
    Listed for Sale OFFER TO PURCHASE
  • 31 Jan 2015
    Listed for Sale $849,000
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About Park Avenue 4701

The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.

Park Avenue has 2,662 properties. Over the last 5 years, Houses in Park Avenue have seen a 99.71% increase in median value, while Units have seen a 68.53% increase. As at 30 September 2024:

  • The median value for Houses in Park Avenue is $402,847 while the median value for Units is $381,771.
  • Houses have a median rent of $470 while Units have a median rent of $340.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Park avenue on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Park avenue.

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