OFF MARKET

24 Launceston Street
Salisbury QLD 4107

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 635m2
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Property Details for 24 Launceston St, Salisbury

24 Launceston St, Salisbury is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 635m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2009.

Building Type
House
Year Built
1970
Floor Size
80m2
Land Size
635m2
Local Government
Brisbane
Lot/Plan
8/RP97210

Last Listing description (February 2009)

UNSPOILED TREASURE - WALKING DISTANCE TO GRIFFITH UNIVERSITY. PERFECT POSITION IN SOUGHT AFTER SALISBURY PRECINCT ON LARGE 635 SQM OF LEVEL LAND.
THE CLASSIC TAG LINE, POSITION, POSITION, POSITION IS THE MANTRA WHEN BUYING PROPERTY AND THIS LOCATION IN ONE OF BRISBANES MOST SOUGHT AFTER LOCALITIES FOR OWNER OCCUPIERS AND OR INVESTORS IN SALISBURY. THIS BRISBANE STYLED HOME IS AN UNSPOILED TREASURE BUILT IN THE 1970’S WITH ENORMOUS POTENTIAL FOR INVESTORS BEING SO CLOSE TO GRIFFITH UNIVERSITY.
AT JUST 9 KILOMETERS FROM THE GPO THIS ORIGINAL AND WELCOMING PROPERTY IS AN OPPORTUNITY TO CREATE THAT VERY SPECIAL HOME, INVEST IN YOUR FUTURE OR DEVELOP TO IT’S FULLEST POTENTIAL.

BEING A LEVEL 635SQM BLOCK WITH A FRONTAGE OF APPROXIMATELY 17 METRES, THE PROPERTY IS ORIGINAL IN CONDITION BUT VERY TIDY AND WELL PRESENTED THE PROPERTY FEATURES THREE BEDROOMS, ONE BATHROOM, SEPARATE LOUNGE/DINING ROOM, CENTRAL KITCHEN, UNDER COVER LOCK UP GARAGE AND HEAPS OF DRY STORAGE UNDERNEATH. OUTDOORS YOU’LL FIND A MASSIVE FULLY FENCED BACKYARD.
OTHER MANY CHARMING FEATURES INCLUDE POLISHED HARDWOOD FLOORS, ROOF & GUTTERS IN EXCELLENT CONDITION.
THE HOMES GREATEST STRENGTHS ARE ITS SOLID CONSTRUCTION, SIZE OF THE BLOCK AND POSITIONING TO CBD, GRIFFITH UNIVERSITY, QE11 HOSPITAL AND THE JOHN TONG CENTRE.
THERE IS ENORMOUS OPPORTUNITY AND POTENTIAL TO:
• SIMPLY INVEST IN AND ENJOY CAPITAL GROWTH OVER THE MEDIUM TERM.
• SIMPLY INVEST AND ENJOY SOLID RENTAL RETURNS.
• RENOVATE AND CAPITALIZE ON THE LOCATION.
• DEVELOP THE SITE TO IT’S FULLEST POTENTIAL.
AS WELL AS BEING JUST 20 MINUTES FROM THE HEART OF THE CITY IT IS A 5 MINUTE DRIVE TO THE SOUTH EAST FREEWAY. THE VERY REGULAR BUS SERVICES HAVE STOPS IN BOTH DIRECTIONS ARE A SHORT WALK AWAY.
INSPECTION BY APPOINTMENT.
FOR FURTHER DETAILS OR TO ARRANGE AN INSPECTION PLEASE CALL CONTACT LUC IOVENITTI 3843 4511 OR 0417 700 486.
ADDITIONAL FEATURE - WALK TO GRIFFITH UNIVERSITY.

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Property History for 24 Launceston St, Salisbury, QLD 4107

A timeline of how this property has performed in the market
Last Sold
$380,000
08 Jan 2009
Listed for Rent
$300/w
08 Jan 2008
  • 08 Jan 2009
    Sold for $380,000
  • 31 Oct 2008
    Listed for Sale BUYER GUIDE: OFFERS FROM $380,000
  • 20 Dec 2007
    Listed for Rent - Price not available
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About Salisbury 4107

The size of Salisbury is approximately 4.6 square kilometres. It has 10 parks covering nearly 14.9% of total area. The population of Salisbury in 2011 was 6,096 people. By 2016 the population was 6,289 showing a population growth of 3.2% in the area during that time. The predominant age group in Salisbury is 30-39 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Salisbury work in a professional occupation. In 2011, 67.8% of the homes in Salisbury were owner-occupied compared with 67.1% in 2016.

Salisbury has 3,022 properties. Over the last 5 years, Houses in Salisbury have seen a 80.83% increase in median value, while Units have seen a 83.70% increase. As at 30 September 2024:

  • The median value for Houses in Salisbury is $1,072,591 while the median value for Units is $724,423.
  • Houses have a median rent of $650 while Units have a median rent of $435.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Salisbury.

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