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Sold on 09 Oct 2024 for $495,000

5 Rio Court
Rasmussen QLD 4815

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 649m2
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Matt O'Hanlon
Keyes & Co Property
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Property Details for 5 Rio Ct, Rasmussen

5 Rio Ct, Rasmussen is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1997. The property has a land size of 649m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Rasmussen in the last 12 months.

Building Type
House
Year Built
1997
Floor Size
115m2
Land Size
649m2
Local Government
Townsville City
Lot/Plan
155/RP892311

Last Listing description (December 2024)

This spacious family home is set on a 649m2 corner allotment in a quiet court and offers privacy with entertaining in mind. Conveniently located near schools, shopping centres, Townsville University Hospital, James Cook University, and with five carpeted bedrooms, it truly does make the perfect family home. The home includes a central kitchen, open plan living area, covered outdoor space, double garage, garden shed, and a fully fenced yard with side access; this is a property not to be missed.

The Property

- Five carpeted bedrooms with built-in wardrobes

- Currently leased at $450 per week, increasing to $540 per week in September
- Central kitchen with ample cabinetry and bench space
- Open plan tiled dining and living area with air-conditioning throughout
- Covered outdoor entertaining area, set adjacent from the kitchen
- Fully fenced 649m2 allotment with side access
- Double lockable garage and additional garden shed for the yard

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 5 Rio Ct, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$495,000
09 Oct 2024
Listed for Rent
$450/w
12 Jul 2024
  • 09 Oct 2024
    Sold for $495,000
  • 25 Jul 2024
    Listed for Sale Offers Over $480,000
  • 05 Jun 2024
    Listed for Rent $450 / week
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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 2,130 properties. Over the last 5 years, Houses in Rasmussen have seen a 118.31% increase in median value, while Units have seen a 181.68% increase. As at 30 November 2024:

  • The median value for Houses in Rasmussen is $456,080 while the median value for Units is $388,918.
  • Houses have a median rent of $460 while Units have a median rent of $330.
There are currently 3 properties listed for sale, and 1 property listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Rasmussen.

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