OFF MARKET

5/53-55 Gatton Street
Parramatta Park QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 68m2
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Property Details for 5/53-55 Gatton St, Parramatta Park

5/53-55 Gatton St, Parramatta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1987
Floor Size
68m2
Land Size
68m2
Local Government
Cairns Regional
Lot/Plan
5/BUP70679

Last Listing description (February 2017)

With access off Pembroke Street and located at the end of a small complex of five, 2 bedroom 1 bathroom townhouse fills all the boxes for the owner occupier or investor wanting a great buy close to all amenities.
Direct access into the townhouse is from the covered carport area, and you will be impressed by the open plan of the living, dining and kitchen areas.
Slate floors throughout downstairs and carpet in the main bedroom upstairs, the following features make unit 5/55 Gatton a must to inspect for the discerning buyer;

1. Body corporate fees are an affordable $3,748.60 per annum, with over $33,800 in the sinking fund.
2. The unit is spacious, 68m2 in area and the mezzanine floor levels allows the owner occupier to live on one level and have the other bedroom for guests, boarder or office arrangement.
3. The spacious internal laundry provides you access to the covered fully fence private courtyard.
4. Recently renovated the position of unit 5 within the complex is considered to be the best, and is the only unit in the block of five that does not have a shared carport.
5. There is a inground pool and it should be noted that units within the complex are achieving rental returns of $250.00 to $270.00 per week.
For further information or to arrange an inspection contact agent today.

Property History for 5/53-55 Gatton St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$167,200
15 Jan 2017
Listed for Rent
$250/w
07 Dec 2016
  • 15 Jan 2017
    Sold for $167,200
  • 19 Dec 2016
    Listed for Sale High $100,000's
  • 20 Oct 2016
    Listed for Rent - Price not available
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016.

Parramatta Park has 1,923 properties. Over the last 5 years, Houses in Parramatta Park have seen a 41.21% increase in median value, while Units have seen a 65.86% increase. As at 31 October 2024:

  • The median value for Houses in Parramatta Park is $583,677 while the median value for Units is $406,749.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 4870

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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.