59 Sherwood RoadRocklea QLD 4106
Property Details for 59 Sherwood Rd, Rocklea
59 Sherwood Rd, Rocklea is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 560m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
Welcome to 59 Sherwood Rd, Rocklea!
In the ultra convenient Sherwood Rd, you'll find this home waiting for your immediate attention! The possibilities are endless for the passionate renovator or astute investor looking for a fantastic rental yield for the future.
**Resilience Home Fund**
The owner had received approval for both the following government grants:
up to $50,000 toward repairing (enhancing resilience) or retrofitting OR
up to $100,000 toward the cost of raising homes.
If works are estimated above these thresholds, homeowners will be required to contribute on a dollar-for-dollar basis. Homeowners experiencing genuine hardship (determined by the government) may be able to have this waived.
For example:
A raise costing $120,000 would receive:
the base funding of $100,000
then a further $10,000 co-contribution from the Fund, with the homeowner required to contribute $10,000.
Eligible homeowners may only apply for funding under one of the programs.
https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/resilient-homes-fund/about
Property Key Features:
- Three Great Sized Bedrooms
- Sizable Bathroom
- Open Plan Through Dining and Kitchen
- Sizable Lock-Up Garage / Shed
Following the rebuild, a well appointed 3 bedroom, 1 bathroom home in Rockea is comfortably renting for $480-520 a week.
Located a mere 9.8kms from the city centre, a short stroll from the famous Rocklea flower markets or an infinite infinite amount of public transport options the property is perfectly positioned for all lifestyles.
Property available by private inspection. Please call Brayden on 0421 123 055 or Geoff on 0423 159 423 to book your inspection today!
Property History for 59 Sherwood Rd, Rocklea, QLD 4106
- 14 Jan 2023Sold for $337,000
- 21 Nov 2022Listed for Sale $350,000
- 10 Dec 2019Listed for Rent $380 / week
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0About 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.
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