OFF MARKET

331 Scarborough Road
Scarborough QLD 4020

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 64m2
Land area: 1012m2
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Property Details for 331 Scarborough Rd, Scarborough

331 Scarborough Rd, Scarborough is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1965. The property has a land size of 1012m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1965
Floor Size
64m2
Land Size
1012m2
Local Government
Moreton Bay
Lot/Plan
36/RP30473

Last Listing description (June 2024)

BLOCK OF FLATS (3 x 2 BEDROOM) on 1012m2 WALKING DISTANCE TO THE BEACH !

• Great investment with holding income and potential to subdivide the block (Subject to council approval)
• A 506m2 parcel of land recently sold one street away for $700,000.

• Rarely do you find a quality property in an elevated location.
• All flats are neat and tidy and have their own carport and courtyard.
• Rental Appraisal is $330- $350 per week per flat.
• Added bonus of a large shed at the rear.
• Walk to the beach and Scarborough Shopping Village.
• NO BODY CORPORATE FEES!

BE QUICK AS THIS IS A RARE OPPORTUNITY!!

With the market on the move, you will need to act quickly to secure this wonderful opportunity near all conveniences and in a sought after area.
Robert makes buying real estate easy and stress free, so call Robert today on 0432 444 333

Disclaimer: Whilst every effort has been made to ensure the accuracy of the particulars provided above, no warranty is given by the vendor or Russell Real Estate as to their accuracy. Interested purchasers should not rely solely on these particulars but rather should instead conduct their own enquiries and seek their own independent advice.

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Property History for 331 Scarborough Rd, Scarborough, QLD 4020

A timeline of how this property has performed in the market
Last Sold
$1,175,000
16 Nov 2023
Listed for Rent
$200/w
18 Oct 2011
  • 21 Jun 2024
    Listed for Sale FOR SALE
  • 16 Nov 2023
    Sold for $1,175,000
  • 15 Jun 2022
    Sold for $700,000
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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 4,959 properties. Over the last 5 years, Houses in Scarborough have seen a 83.35% increase in median value, while Units have seen a 96.62% increase. As at 30 November 2024:

  • The median value for Houses in Scarborough is $1,060,949 while the median value for Units is $914,055.
  • Houses have a median rent of $650 while Units have a median rent of $625.
There are currently 46 properties listed for sale, and 26 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Scarborough.

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