SOLD
Sold on 10 Jun 2024 for $465,000

53/56 Frenchs Road
Petrie QLD 4502

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 136m2
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Property Details for 53/56 Frenchs Rd, Petrie

53/56 Frenchs Rd, Petrie is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 136m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Petrie in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
97m2
Land Size
136m2
Local Government
Moreton Bay
Lot/Plan
53/SP245252

Last Listing description (October 2024)

This is one of the best investments you will find in the area with excellent return. Intelligently built to for comfort with open plan living area, generous main bedroom with en-suite, large second and third bedrooms, all positioned at the quiet end of the complex with a large private rear courtyard in a leafy bushland setting.

Situated just minutes? walk from IGA shopping, with bus stop next door, Vera Murray Park, childcare, Kurwongbah State School, Petrie Train Station and the New University all nearby.

Petrie Courts is a boutique development built in 2011 featuring just 46 townhouses positioned in a leafy relaxed setting in the heart of the Petrie community, benefiting from a prime position near shops schools and the University of Sunshine Coast Nearby.

The quality Philip Usher Developments Construction and central location on offer here makes for an excellent equity creation investment, a sort after complex for tenants with 100% rental occupancy and a waitlist of tenants. Above market rental prices are achieved consistently due to high quality fixtures and fittings and the dedicated onsite property management team.

A key feature of this investment is the quality of the elite onsite team, with day-to-day oversight of your property, meticulous site management and a high standard of property management designed for a set and forget investment.
Town Homes Investment Featuring:

? Prime Location
? High Rental Return in Small Complex
? High Quality Construction
? Expert Onsite Property Management
? Established Leafy Private Setting
? Air Conditioned
? Main Bedroom and Ensuite
? Separate Laundry
? Just 29km North of Brisbane CBD in the North Brisbane Growth Corridor

CONTACT US FOR A COMPREHENSIVE INFO PACK

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Property History for 53/56 Frenchs Rd, Petrie, QLD 4502

A timeline of how this property has performed in the market
Last Sold
$465,000
10 Jun 2024
  • 10 Jun 2024
    Sold for $465,000
  • 28 May 2024
    Listed for Sale Contact Agent
  • 31 Jan 2012
    Sold for $328,000

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About Petrie 4502

The size of Petrie is approximately 6.6 square kilometres. It has 32 parks covering nearly 17.5% of total area. The population of Petrie in 2011 was 8,499 people. By 2016 the population was 8,686 showing a population growth of 2.2% in the area during that time. The predominant age group in Petrie is 40-49 years. Households in Petrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Petrie work in a clerical occupation. In 2011, 76.1% of the homes in Petrie were owner-occupied compared with 71.9% in 2016.

Petrie has 3,623 properties. Over the last 5 years, Houses in Petrie have seen a 81.16% increase in median value, while Units have seen a 95.02% increase. As at 30 November 2024:

  • The median value for Houses in Petrie is $815,199 while the median value for Units is $543,510.
  • Houses have a median rent of $570 while Units have a median rent of $443.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Petrie on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Petrie.

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