114 Perkins Street WRailway Estate QLD 4810
Property Details for 114 Perkins St W, Railway Estate
114 Perkins St W, Railway Estate is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1950. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 8 bedroom Unit sold in Railway Estate in the last 12 months.
Last Listing description (June 2024)
Four units on one title! All tenanted! No Body Corp Fees!
This property has traditional Qld elements, situated in a premium inner city suburb together those aspects equal always tenanted!
Set at the front of a 809Sqm allotment allowing space for 2 double carports, gardens, under cover sitting area, outdoor cloths line and dual driveways to access the carports.
Rent return currently $1100 Per week - Increasing in May 2024 $1150
Gross annual income from May 2024 approx $59800
Rates Approx $10,500 per annum
Current lease end dates;
Unit 1 - 12/1/25
Unit 2 - 16/7/24
Unit 3 - 2/5/24
Unit 4 - 8/5/24
Renovations in the past 5 years include;
Upgraded kitchens to units 2,3 & 4
Roof re-screwed
Carport roof replaced
Hot water system to unit 3
Location is in high demand within walking distance to the Stadium, restaurant precinct and the CBD.
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept the liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.ross annul income
Property History for 114 Perkins St W, Railway Estate, QLD 4810
- 15 Apr 2024Sold for $690,000
- 04 Dec 2023Listed for Sale $719,000
- 03 Jun 2020Listed for Rent $200 / week
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About Railway Estate 4810
The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.
Railway Estate has 1,777 properties. Over the last 5 years, Houses in Railway Estate have seen a 72.75% increase in median value, while Units have seen a 20.43% increase. As at 31 August 2024:
- The median value for Houses in Railway Estate is $494,189 while the median value for Units is $342,914.
- Houses have a median rent of $480 while Units have a median rent of $363.
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