OFF MARKET

1 Malcolm Court
Point Vernon QLD 4655

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Land area: 920m2
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Property Details for 1 Malcolm Ct, Point Vernon

1 Malcolm Ct, Point Vernon is a 6 bedroom, 4 bathroom Unit with 2 parking spaces. The property has a land size of 920m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Land Size
920m2
Local Government
Fraser Coast Regional
Lot/Plan
60/SP194869

Last Listing description (March 2021)

Situated on a large 920m2 allotment, the perfect investment opportunity awaits you with this well designed duplex in beautiful Hervey Bay.

Unit 1 is a spacious unit featuring 3 bedrooms. The master is well sized and features a modern en-suite. Bedrooms 2 and 3 are standard double size rooms with built in robes. These two rooms are serviced by the main bathroom with separate toilet. All bedrooms have ceiling fans. The open plan living area is air-conditioned and features a modern kitchen with quality appliances. Off the main living area is a glass sliding door opening up to a private courtyard. One other key feature of this unit is the fact it has a garage, an appealing feature for a tenant looking for extra storage or off street parking.

Unit 2 features all the above features, but its unique point of difference to Unit 1 is it has an extra large backyard with side access for the caravan or boat. It also sits in a quiet street in a popular locality, only minutes drive to schools and a major shopping centre.

Both units are currently tenanted and return approximately $650 per week.

In this location, investments of this quality are few and far between. Make sure not to hesitate to give Brett a call on 0427 621 985 for more information on this sensational opportunity.

Property History for 1 Malcolm Ct, Point Vernon, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$530,000
29 Jan 2021
Listed for Rent
$245/w
05 May 2011
  • 29 Jan 2021
    Sold for $530,000
  • 14 Jul 2020
    Listed for Sale $549,000
  • 21 Mar 2018
    Sold for $500,000
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About Point Vernon 4655

The size of Point Vernon is approximately 4.8 square kilometres. It has 14 parks covering nearly 16.4% of total area. The population of Point Vernon in 2011 was 5,691 people. By 2016 the population was 5,690 showing a population decline of 0.0% in the area during that time. The predominant age group in Point Vernon is 60-69 years. Households in Point Vernon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Point Vernon work in a professional occupation. In 2011, 65.3% of the homes in Point Vernon were owner-occupied compared with 67.6% in 2016.

Point Vernon has 2,963 properties. Over the last 5 years, Houses in Point Vernon have seen a 86.77% increase in median value, while Units have seen a 60.07% increase. As at 31 October 2024:

  • The median value for Houses in Point Vernon is $667,992 while the median value for Units is $498,586.
  • Houses have a median rent of $580 while Units have a median rent of $405.
There are currently 49 properties listed for sale, and 5 properties listed for rent in Point vernon on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Point vernon.

Suburb Insights for Point Vernon 4655

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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.