42 Lemnos StreetRed Hill QLD 4059
Property Details for 42 Lemnos St, Red Hill
42 Lemnos St, Red Hill is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 549m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (March 2017)
TWO FULLY SELF CONTAINED UNITS ON ONE TITLE. Securely let and returning $29,640.00 per year, this property represents a first class residential investment for the astute investor.
Situated in Red Hill the property is located well with access to the CBD, Normanby Bus Station, shops and recreational facilities in Paddington, Red Hill and Spring Hill.
Good Return + First Class Location = Solid Investment. Finance Available to Approved Purchasers.
Property History for 42 Lemnos St, Red Hill, QLD 4059
- 16 Jan 2017Sold for $683,000
- 10 Jan 2017Listed for Sale $675,000
- 24 Aug 2015Listed for Rent - Price not available
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About Red Hill 4059
The size of Red Hill is approximately 140.9 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Red Hill in 2011 was 5,546 people. By 2016 the population was 5,565 showing a population growth of 0.3% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 50.6% of the homes in Red Hill were owner-occupied compared with 50.5% in 2016.
Red Hill has 2,785 properties. Over the last 5 years, Houses in Red Hill have seen a 74.64% increase in median value, while Units have seen a 44.09% increase. As at 31 October 2024:
- The median value for Houses in Red Hill is $1,611,831 while the median value for Units is $699,439.
- Houses have a median rent of $720 while Units have a median rent of $505.
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