SOLD
Sold on 06 Sep 2024 for $850,000

16 Pearl Street
Scarborough QLD 4020

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 388m2
Sold By
YPA Queensland
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Property Details for 16 Pearl St, Scarborough

16 Pearl St, Scarborough is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 388m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Scarborough in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
116m2
Land Size
388m2
Local Government
Moreton Bay
Lot/Plan
86/RP30447

Last Listing description (September 2024)

Welcome to 16 Pearl Street, Scarborough-a stunning period cottage where timeless charm meets modern versatility. Nestled on an exclusive corner block with a coveted north-facing backyard, this home offers the perfect blend of character, convenience, and coastal living in one of Scarborough's most sought-after neighborhoods.

Flexible Living Spaces with Income Potential
Designed with adaptability in mind, this home features a flexible floor plan that can cater to various living arrangements. It can serve as a spacious 3-bedroom, 2-bathroom family home complete with a home office. Alternatively, the separate entrance and convenient kitchenette transform the space into a 2-bedroom plus office layout with an adjoining self-contained 1-bedroom flat. This setup is perfect for multi-generational living or generating rental income, with rental results returning $350 per week.

Outdoor Bliss
Accessed via a private laneway, the double carport opens to a beautifully landscaped backyard featuring a generous studio-ideal as an art room, home office, or teenage retreat. The established gardens provide a tranquil, private oasis, perfect for unwinding or entertaining.

Character & Comfort
Step inside onto the hoop pine flooring where the main kitchen and living area are completely open-plan, making it an ideal space for family gatherings and entertaining. The bathroom retains its period charm with thoughtful design touches, while a separate laundry and third toilet add to the home's everyday convenience. Additionally, the property includes a solar system with 10 panels contributing to energy efficiency.

Alfresco Living
Queensland's outdoor lifestyle is at its finest on the rear deck, which overlooks the north-facing, meticulously maintained garden. The front balcony, with dual access, enhances the home's appeal, offering the perfect spot to start your day with a coffee in hand.

Prime Location
Located on a quiet, family-friendly street, 16 Pearl Street is just a short stroll from the pristine sands of Queens Beach, the vibrant Scarborough Village, and Midway Plaza. Quality schools and public transport are also within easy reach, making this the ideal location for families. Plus, being just 25 minutes from Brisbane Airport and Brisbane City ensures convenient travel access.

This property offers not only a beautiful home but also a lucrative investment opportunity. Don't miss your chance to secure this unique dual living property in one of Scarborough's most desirable neighborhoods. Contact Steven today for more information or see the next available open.

Property History for 16 Pearl St, Scarborough, QLD 4020

A timeline of how this property has performed in the market
Last Sold
$850,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $850,000
  • 19 Aug 2024
    Listed for Sale Offers from $850,000
  • 11 Aug 2022
    Sold for $725,000
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About Scarborough 4020

The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.

Scarborough has 4,947 properties. Over the last 5 years, Houses in Scarborough have seen a 81.95% increase in median value, while Units have seen a 91.02% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,064,401 while the median value for Units is $895,953.
  • Houses have a median rent of $635 while Units have a median rent of $628.
There are currently 45 properties listed for sale, and 23 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Scarborough.

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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.