SOLD
Sold on 26 Jul 2024 for $620,000

15 Stephanie Street
Rasmussen QLD 4815

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 66m2
Land area: 831m2
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Sold By
Matt O'Hanlon
Keyes & Co Property
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Property Details for 15 Stephanie St, Rasmussen

15 Stephanie St, Rasmussen is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 831m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Rasmussen in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
66m2
Land Size
831m2
Local Government
Townsville City
Lot/Plan
111/RP741380

Last Listing description (September 2024)

Here's your chance to enter the Townsville investment market with a property offering a fantastic holding income, which is increasing this September. This versatile opportunity is ideal for investors looking to get their foot in the door with potential to refurbish, add value, or continue on as is. Each side is very neatly presented and consistently rented, delivering a healthy return, impressive credentials, and a history of consistent income performance.

The Property

- Fully leased, currently generating $660 per week

- Increasing to $720 per week this September
- Strong and consistent income generating asset
- Each side consists of two-bed, one-bath
- Secure lock up garage for each side
- Large 831m2 fully fenced corner allotment
- Each side fully fenced with lawn locker
- Cosmetic upgrades will improve asset

The Location

- Close proximity to Riverway Plaza
- Close proximity to Cannon Park Entertainment Precinct
- Close proximity to Riverway recreational facilities
- Close proximity to Willows Shopping Centre
- Excellent accessibility to the Ring Road

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Property History for 15 Stephanie St, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$620,000
26 Jul 2024
Listed for Rent
$200/w
26 Jul 2011
  • 26 Jul 2024
    Sold for $620,000
  • 18 Jul 2024
    Listed for Sale Offers Over $595,000
  • 08 Jan 2011
    Listed for Rent - Price not available
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About Rasmussen 4815

The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2011 was 4,264 people. By 2016 the population was 4,484 showing a population growth of 5.2% in the area during that time. The predominant age group in Rasmussen is 0-9 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation. In 2011, 54.4% of the homes in Rasmussen were owner-occupied compared with 51.6% in 2016.

Rasmussen has 2,120 properties. Over the last 5 years, Houses in Rasmussen have seen a 116.96% increase in median value, while Units have seen a 168.75% increase. As at 31 October 2024:

  • The median value for Houses in Rasmussen is $449,717 while the median value for Units is $376,306.
  • Houses have a median rent of $460 while Units have a median rent of $330.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Rasmussen.

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