OFF MARKET

5 Clare Street
Parramatta Park QLD 4870

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 405m2
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Property Details for 5 Clare St, Parramatta Park

5 Clare St, Parramatta Park is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 405m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in May 2002.

Building Type
House
Year Built
2002
Floor Size
143m2
Land Size
405m2
Local Government
Cairns Regional
Lot/Plan
9/RP701370

Last Listing description (May 2022)

Zoned Residential 3 this low set post war home is positioned in the very popular Parramatta Park.
The possibilities are endless to either have a complete overhaul renovation, re-development or demolish the whole property taking full advantage of zoning residential 3.
Comprising 5 small bedrooms, 2 bathrooms, kitchen and lounge combined with the traditional Queenslander high ceilings, tongue and groove walls.

The current owner was previously leasing each room out to travellers and students and receiving a net income of $790 per week.
Characteristics:
5 small bedrooms, 2 bathrooms, Kitchen/ lounge, 2 boxed air-conditioners, Separate laundry, Fully fenced, 405sqm block, Small shed
Potential net income $790 per week, Rates approx. $1500 half yearly
Perfectly located with only minutes to the City,Schools, Shopping Centres, Medical Practitioners, Public transport, Restaurants, Esplanade Lagoon.

Call Junelle for a private inspection on 0407 076 528

Property History for 5 Clare St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$125,000
13 May 2002
  • 31 Jan 2022
    Listed for Sale Offers Over $498,000
  • 13 May 2002
    Sold for $125,000
  • 18 Dec 1998
    Transferred

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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 1,924 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 38 properties listed for sale, and 11 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 98 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.