OFF MARKET

8/1-13 Ernest Street
Redlynch QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 120m2
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Property Details for 8/1-13 Ernest St, Redlynch

8/1-13 Ernest St, Redlynch is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 120m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2008
Floor Size
90m2
Land Size
120m2
Local Government
Cairns Regional
Lot/Plan
8/SP219089

Last Listing description (March 2023)

Under Contract By Shane Trimby.
This top floor unit boasts fantastic views of the mountains and takes in the cooling south easterly breezes.
Wonderful complex with a great mix of owner occupiers and long term tenants. Will suit both owner occupiers and investors. This is a pet friendly complex, so bring your fur babies.

* 2 Great sized bedrooms and 2 bathrooms
* Spacious open plan tiled living and dining, which spills onto patio
* Kitchen, comes with electric cooking, 12mth old dishwasher, breakfast bar and plenty of cupboards.
* Main bedroom is airconditioned, comes with an ensuite and double sliding doors that lead to the patio
* Bedroom two has built in wardrobes, air-con and is generous in size.
* Modern laundry with a dryer and loads of linen storage
* Good sized patio with mountain views and always has a breeze
* Dedicated carport with an additional lockable storage area
* Fully air-conditioned with split systems, front door security screened, resort styled pool with a great BBQ area, pet friendly complex (subject to BC approval of course) and on site managers are present

If you have been looking for some where to live that is safe and secure, this unit is for you. The complex is mostly owner occupied. Being elevated the breezes will keep you cool in the summer months.

Investors Alert Possible 5.6% Net Return. Comparable properties in the complex rent for around $410 per week. Being close to Redlynch Village, the Red Beret and Redlynch Central Shopping Centre will make this apartment attractive to both tenants and owners.

The property has had a recent paint job and has an on site manager.
Body Corporate rates are very reasonable and this complex is very well run and always in demand.

Give Shane a call right now to organise your inspection

Property History for 8/1-13 Ernest St, Redlynch, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$392,000
28 Feb 2023
Listed for Rent
$330/w
03 Feb 2016
  • 28 Feb 2023
    Sold for $392,000
  • 23 Feb 2023
    Listed for Sale Offers Over $380,000
  • 15 Sep 2015
    Listed for Rent - Price not available
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About Redlynch 4870

The size of Redlynch is approximately 25.4 square kilometres. It has 23 parks covering nearly 3.6% of total area. The population of Redlynch in 2011 was 8,645 people. By 2016 the population was 9,729 showing a population growth of 12.5% in the area during that time. The predominant age group in Redlynch is 40-49 years. Households in Redlynch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redlynch work in a professional occupation. In 2011, 70% of the homes in Redlynch were owner-occupied compared with 71.6% in 2016.

Redlynch has 4,245 properties. Over the last 5 years, Houses in Redlynch have seen a 42.29% increase in median value, while Units have seen a 81.13% increase. As at 31 August 2024:

  • The median value for Houses in Redlynch is $712,846 while the median value for Units is $415,767.
  • Houses have a median rent of $700 while Units have a median rent of $485.
There are currently 59 properties listed for sale, and 4 properties listed for rent in Redlynch on OnTheHouse. According to CoreLogic's data, 246 properties were sold in the past 12 months in Redlynch.

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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.