OFF MARKET

24 Pegg Road
Rocklea QLD 4106

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 111m2
Land area: 810m2
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Property Details for 24 Pegg Rd, Rocklea

24 Pegg Rd, Rocklea is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 810m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
House
Year Built
1950
Floor Size
111m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
9/RP66585

Last Listing description (November 2022)

Highly motivated seller wanting their property sold!

Excellent Development Opportunity.


The property is on 2 lots on an 810sqm block. The Zoning is RB3.

Some details about the property:

New kitchen, bathroom, roof and stairs.

810 m2 flat and clear block. All underground utilities are out of land boundary. The land is in the highest location in the area. BCC registers two house numbers of 24 and 26.

BCC approval for DA in 2015. I believe the approval expires after two years but it is easy to renew. It is much quicker and cheaper for a potential developer to start from scratch. (DA approval and design of eight units of 2 bedrooms attached).

The property is located close to the new Rocklea Station and Cross River Rail project that is scheduled to complete in 2024.

Do not delay and contact Usha Chandra on 0419 775 416 now!

Property History for 24 Pegg Rd, Rocklea, QLD 4106

A timeline of how this property has performed in the market
Last Sold
$470,000
23 Mar 2016
Listed for Rent
$320/w
15 May 2015
  • 14 Sep 2022
    Listed for Sale Offers Over $750,000
  • 23 Mar 2016
    Sold for $470,000
  • 29 Apr 2015
    Listed for Rent - Price not available
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About Rocklea 4106

The size of Rocklea is approximately 9.3 square kilometres. It has 22 parks covering nearly 13.8% of total area. The population of Rocklea in 2011 was 1,255 people. By 2016 the population was 1,579 showing a population growth of 25.8% in the area during that time. The predominant age group in Rocklea is 20-29 years. Households in Rocklea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rocklea work in a professional occupation. In 2011, 55.2% of the homes in Rocklea were owner-occupied compared with 51.1% in 2016.

Rocklea has 1,422 properties. Over the last 5 years, Houses in Rocklea have seen a 83.85% increase in median value, while Units have seen a 62.49% increase. As at 31 October 2024:

  • The median value for Houses in Rocklea is $710,076 while the median value for Units is $506,443.
  • Houses have a median rent of $563 while Units have a median rent of $380.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Rocklea on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Rocklea.

Suburb Insights for Rocklea 4106

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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.