OFF MARKET

39 Pendragon Street
Raceview QLD 4305

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 483m2
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Property Details for 39 Pendragon St, Raceview

39 Pendragon St, Raceview is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 483m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
483m2
Local Government
Ipswich
Lot/Plan
249/SP245030

Last Listing description (January 2020)

This dual living investment property is only 5 years old and in a great location. There is very little drive through traffic in a quiet location with great tenants in place. The landlord is now looking at transitioning into retirement so this is a much regrettable sale.

For the astute investor, the fabulous return gives you over 6% return on investment.


Some of the many features at a glance include :

Unit A
3 bedrooms, 2 bathrooms (ensuite to main) + WIW
Open plan kitchen, dining, living areas
Reverse cycle air conditioning
Ceiling fans, Built ins
Security screen to sliding doors to patio area
Neutral colour scheme throughout
Remote single lockup garage

Unit B
2 bedrooms, 1 bathrooms
Open plan kitchen, dining, living areas
Reverse cycle air conditioning
Ceiling fans, Built ins
Security screen to sliding doors to patio area
Neutral colour scheme throughout
Remote single lockup garage

The property is landscaped and very low maintenance with each of the houses having its own backyard space.

With interest rates at an all time low, near 6.5% rent return and approx. 5 years old - what are you waiting for?

Call Sonia from Vision Property Group on 0403 309 136 for your personal inspection.

Property History for 39 Pendragon St, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$435,000
20 Dec 2019
  • 20 Dec 2019
    Sold for $435,000
  • 10 Jul 2019
    Listed for Sale SOLD - $433,800
  • 05 Jun 2014
    Sold for $171,500

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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,447 properties. Over the last 5 years, Houses in Raceview have seen a 93.46% increase in median value, while Units have seen a 107.46% increase. As at 31 July 2024:

  • The median value for Houses in Raceview is $655,457 while the median value for Units is $389,130.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Raceview.

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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.