OFF MARKET

5 Third Avenue
Scarborough QLD 4020

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 182m2
Land area: 405m2
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Last updated 14 Oct 2024
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Property Details for 5 Third Ave, Scarborough

5 Third Ave, Scarborough is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 405m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2017
Floor Size
182m2
Land Size
405m2
Local Government
Moreton Bay
Lot/Plan
56/RP30486

Last Listing description (August 2021)

Situated in a sought-after area of Scarborough in the Avenues off Fortune Street, you will find 5 Third Avenue - a splendid modern 4 yr old home on a low-maintenance 405m2 block.

You will appreciate the functional floorplan that includes four good-sized bedrooms - two of them en-suited (one downstairs and another upstairs), two living areas, a sensational kitchen with butler's pantry and a spacious outdoor entertainment area over-looking the yard.
The balcony off the upstairs bedroom is a wonderful place to enjoy this delightful winter sun and along with the 2nd living area, ensuite, and robe, the whole top floor makes the perfect space for a parent's retreat or to accommodate your guests or a teenager. The layout of this lovely highset home lends itself to various family dynamics and even retirees who want an alternative to apartment living as the largest of the downstairs bedrooms with its own ensuite and walk-in robe could easily be the Master bedroom.

Those that are familiar with this particular area of Scarborough, will know that it's is a peaceful haven within a very short walk of the waterfront, local parks, the Boat Club, Morgan's Seafood, Tempest and of course Sea, Salt and Vine cafe - a much-loved favourite of Peninsula residents.
The possibilities are endless for lifestyle choices from this wonderful, convenient location - whether that is entertaining at home, wandering down to your new 'local' or even taking up boating, fishing, or kayaking nearby.

This great home features:

Low-maintenance 405m2 block
Excellent neighbourhood
Prime Peninsula location
Modern design and quality finishes
Large DLUG with plenty of storage
Four good-sized bedrooms - two are en-suited
Lovely open-plan living area flowing onto large outdoor patio (NB: there is mature tree growth ensuring privacy now)
Superb kitchen with butler's pantry
Separate laundry
2nd living area upstairs and a bonus north-facing balcony
Cooling sea breezes

The property is currently tenanted until 1st November 2021 to fastidious tenants paying $675.00 per week. Vacant possession may be possible but will be dependent on the tenants' plans moving forward.
Unless otherwise advertised, tenanted properties are by private inspections with appropriate notice.

Homes in this 'neck of the woods don't come up for sale very often, so please call Karen Prince on 0437 015 951 to discuss this lovely property...

Property History for 5 Third Ave, Scarborough, QLD 4020

A timeline of how this property has performed in the market
Last Sold
$1,180,000
01 Jul 2021
Listed for Rent
$675/w
25 May 2020
  • 01 Jul 2021
    Sold for $1,180,000
  • 12 Jun 2021
    Listed for Sale OFFERS over $1,175,000
  • 27 Feb 2020
    Listed for Sale OFFERS OVER $990,000
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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 4,945 properties. Over the last 5 years, Houses in Scarborough have seen a 78.91% increase in median value, while Units have seen a 91.80% increase. As at 30 September 2024:

  • The median value for Houses in Scarborough is $1,061,951 while the median value for Units is $906,844.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 50 properties listed for sale, and 32 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 4020

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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.