OFF MARKET

309/5 East Street
Rockhampton City QLD 4700

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 64m2
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Last updated 14 Oct 2024
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Property Details for 309/5 East St, Rockhampton City

309/5 East St, Rockhampton City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 64m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2014
Floor Size
53m2
Land Size
64m2
Local Government
Rockhampton Regional
Lot/Plan
309/SP251140

Last Listing description (November 2022)

Returns 50k plus per annum this opportunity to purchase this high yielding investment property is available now! Currently in the hotel/rental pool with very low vacancy rate this unit is an amazing opportunity to invest in Rockhampton's riverfront precinct. With so many events such as Rockynats, Food and Wine Festivals and upcoming Construction Projects this property is in high demand.

Step inside and discover a gorgeously-presented unit with contemporary finishes throughout, and includes a quality furniture package with an elegant floor plan that maximises the space to its full potential.

Daily living will be centred on the open-plan kitchen, dining and living room, while sliding glass doors open to the balcony, providing panoramic riverfront views and a perfect spot for entertaining or relaxing.

The kitchen comes well-equipped for the home cook, while a self-contained laundry cupboard services the apartment.

The bedroom is generously sized with comfort in mind, and the ensuite bathroom is wheelchair accessible.

In addition to all these amazing features, residents will have access to the building's gym and outdoor swimming pool.

Contact Melinda Kirby or Cassidee Wheeler for further financial details so you can do the sums on this amazing investment opportunity.

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Property History for 309/5 East St, Rockhampton City, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$310,000
13 Oct 2022
  • 13 Oct 2022
    Sold for $310,000
  • 06 Oct 2022
    Listed for Sale Offers Over $299,000
  • 29 Aug 2018
    Sold for $270,000
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About Rockhampton City 4700

The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2011 was 2,244 people. By 2016 the population was 1,954 showing a population decline of 12.9% in the area during that time. The predominant age group in Rockhampton City is 50-59 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation. In 2011, 41.4% of the homes in Rockhampton City were owner-occupied compared with 41.1% in 2016.

Rockhampton City has 2,248 properties. Over the last 5 years, Houses in Rockhampton City have seen a 90.68% increase in median value, while Units have seen a 78.42% increase. As at 30 September 2024:

  • The median value for Houses in Rockhampton City is $305,616 while the median value for Units is $532,614.
  • Houses have a median rent of $420 while Units have a median rent of $440.
There are currently 32 properties listed for sale, and 18 properties listed for rent in Rockhampton city on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Rockhampton city.

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