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Sold on 07 Nov 2024 for $780,000

4 Fourth Avenue
Parkside QLD 4825

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 101m2
Land area: 817m2
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Property Details for 4 Fourth Ave, Parkside

4 Fourth Ave, Parkside is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1920. The property has a land size of 817m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom Unit sold in Parkside in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
101m2
Land Size
817m2
Local Government
Mount Isa
Lot/Plan
18/MPH21926

Last Listing description (November 2024)

Nestled in the desirable Happy Valley area, this fantastic unit complex presents an incredible investment opportunity. Featuring four spacious, two-bedroom, one-bathroom units, this property is perfectly suited for investors or anyone looking to capitalize on the thriving rental market in Mount Isa.

Each unit is thoughtfully designed to provide comfort and convenience, with ample space and modern amenities. The property offers parking for four vehicles and sits on a generous 943m block, adding to its appeal.

This is a unique chance to secure a well-located, income-generating property with great potential for future growth. Don't miss out on this excellent investment opportunity!

Property Code: 4992

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Property History for 4 Fourth Ave, Parkside, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$780,000
07 Nov 2024
  • 07 Nov 2024
    Listed for Sale UNDER CONTRACT
  • 07 Nov 2024
    Sold for $780,000
  • 18 Oct 2022
    Sold for $155,000
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About Parkside 4825

The size of Parkside is approximately 1.5 square kilometres. It has 7 parks covering nearly 12% of total area. The population of Parkside in 2011 was 1,784 people. By 2016 the population was 1,519 showing a population decline of 14.9% in the area during that time. The predominant age group in Parkside is 20-29 years. Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a trades occupation. In 2011, 53.1% of the homes in Parkside were owner-occupied compared with 48.2% in 2016.

Parkside has 860 properties. Over the last 5 years, Houses in Parkside have seen a 16.73% increase in median value, while Units have seen a -18.27% decrease. As at 31 October 2024:

  • The median value for Houses in Parkside is $253,068 while the median value for Units is $252,065.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 4 properties listed for sale, and no properties listed for rent in Parkside on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Parkside.

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