OFF MARKET

3/10 Palm Avenue
Sherwood QLD 4075

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 95m2
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Property Details for 3/10 Palm Ave, Sherwood

3/10 Palm Ave, Sherwood is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 95m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1990
Floor Size
75m2
Land Size
95m2
Local Government
Brisbane
Lot/Plan
3/BUP11936

Last Listing description (August 2015)

THIS IS A MARVELOUS OPPORTUNITY TO CHOOSE YOUR PRIVATE GROUND FLOOR UNIT WITH A MANAGEABLE PRIVATE GARDEN AREA.THERE IS NOTHING ELSE ON THE MARKET, IN AN ELEVATED AREA WHICH OFFERS THE BENEFITS OF QUIET AND PEACE, BUT ONLY A FEW BLOCKS WALK FROM TRANSPORT OPTIONS AND SHERWOOD'S SHOPPING PRECINCT. IN OUR PHOTOS, AS WE ARE RESPECTFUL OF OUR TENANT'S PRIVACY, AND HAVEN'T PHOTOGRAPHED THE INSIDE OF THE UNIT HOWEVER WE'VE PROVIDED FLOOR PLANS FOR UNITS 2 AND 3. YOU WILL ALSO SEE IMAGES OF AROUND THE UNIT BLOCK TO APPRECIATE THE PRIVATE AND SECURE NATURE OF THESE EASY LIVING GROUND FLOOR UNITS.IMAGINE ALL THE CONVENIENCE OF UNIT LIVING, BUT ALSO THE OPPORTUNITY TO CREATE A BEAUTIFUL OUTDOOR LIVING AREA WHERE YOU CAN ENTERTAIN, POTTER IN THE GARDEN, OR JUST ENJOY THE PRIVACY OF YOUR SURROUNDS.THE UNIT BLOCK IS A SINGLE LEVEL CONSTRUCTION. IT IS IN A CUL-DE-SAC IN A LEAFY STREET WHICH IS ESTABLISHED AND VERY PLEASANT. WHILST YOU ARE CLOSE TO EVERYTHING, IT'S A NICE HAVEN TO ESCAPE TO. THE UNITS HAVE SECURITY SCREENS AND ARE CONSTRUCTED IN BRICK AND ARE IN GOOD FUNCTIONAL CONDITION. YOU COULD MOVE IN AND HAPPILY ENJOY THE STATUS QUO, BUT COULD ALSO CONSIDER AN UPGRADE OF THE KITCHEN AND BATHROOM FOR A REASONABLE COST TO MODERNISE THE LOOK. THE APPLIANCES AND FITTINGS ARE IN GOOD CONDITION.THE TWO ROOMY BEDROOMS HAVE BUILT IN CUPBOARDS, WHILST THE BATHROOM WITH SHOWER AND BASIN ARE SEPARATE FROM THE TOILET. THE CARPORT HAS AMPLE ROOM FOR STORAGE.WE CONSIDER THESE UNITS SUITABLE FOR SINGLES AND COUPLES BUT ALSO FOR INVESTORS WISHING TO OWN TWO OF THE THREE UNITS IN THE BLOCK. RENTAL INCOME IS $ 320 PER WEEK (UNIT 2) AND $ 350 PER WEEK (UNIT 3). 1 LOUNGE AREA AND SEPARATE DINING/LIVING AREA WITH ADJOINING KITCHEN BATHROOM WITH SHOWER, AND SEPARATE TOILET. 1 CAR CARPORT, WITH SECURE ENTRY TO THE UNIT VIA THE CARPORT. LARGE ADJOINING GARDEN AREATHESE UNITS WILL ATTRACT A LOT OF INTEREST, SO DON'T HESITATE TO SCHEDULE YOURSELF FOR ONE OF THE OPEN HOME VIEWINGS NEXT WEEK.BODY CORPORATE PER UNIT: $1111.00 PER ANNUM INSURANCE COST PER UNIT: $ 254.17 PER ANNUM

Property History for 3/10 Palm Ave, Sherwood, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$385,000
12 Nov 2020
Listed for Rent
$350/w
05 Jun 2015
  • 12 Nov 2020
    Sold for $385,000
  • 21 Sep 2015
    Sold for $372,000
  • 13 Aug 2015
    Listed for Sale OFFERS OVER $ 355,000
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About Sherwood 4075

The size of Sherwood is approximately 2.4 square kilometres. It has 5 parks covering nearly 12% of total area. The population of Sherwood in 2011 was 4,997 people. By 2016 the population was 5,335 showing a population growth of 6.8% in the area during that time. The predominant age group in Sherwood is 40-49 years. Households in Sherwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sherwood work in a professional occupation. In 2011, 62.3% of the homes in Sherwood were owner-occupied compared with 59.3% in 2016.

Sherwood has 3,063 properties. Over the last 5 years, Houses in Sherwood have seen a 77.55% increase in median value, while Units have seen a 71.11% increase. As at 31 October 2024:

  • The median value for Houses in Sherwood is $1,510,827 while the median value for Units is $687,825.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Sherwood on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Sherwood.

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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.