OFF MARKET

5/96 Primrose Street
Sherwood QLD 4075

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 82m2
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Property Details for 5/96 Primrose St, Sherwood

5/96 Primrose St, Sherwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 82m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2011.

Building Type
Unit
Year Built
1974
Floor Size
82m2
Land Size
82m2
Local Government
Brisbane
Lot/Plan
5/BUP12708

Last Listing description (March 2011)

In a Hurry to Buy - We're in a Hurry to Sell
The Owner of this great little first-home-owner/investor has purchased elsewhere and needs this property sold...yesterday! Time is running out, so there is a deal here for the smart Buyer.
Position is everything and this truly is a 'walk to everything' location. The property is located within easy walking distance of both Sherwood and Corinda train stations. The shopping centres at Sherwood Central and Corinda Village are just a stroll away and boast some of the best restaurants, sidewalk cafe's, and coiffures in the district. In addition, there's both Coles and Woolworth Supermarkets nearby, medical centres, chemists and specialty shops.

The property itself is a 1-bedroom, 1-bathroom, apartment in a small unit complex of five. The other four units are each 2-bed, 2LUG. Unit 5 is the last in line so it is furtherist away from the street making it the quietest unit in the block. All of the units are positioned on the first floor directly above the lockup garages.
Unit 5 also has its very own courtyard across the rear of the dwelling. This fully fenced, exclusive use courtyard creates an extra living space for weekend BBQ's. The laundry is located downstairs in the single-car garage, and there is an additional car space adjacent to the rear courtyard. The unit is spacious and easy care with an open plan living/kitchen area flowing to the air-conditioned bedroom with built-ins, and ensuite style bathroom. The walls and floor are solid concrete and brick making for a very solid, low-maintenance building, and the Body Corporate fees are minimal.
Remember...it is the unit owners themselves who set the Body Corporate fees. The Admin component of the Body Corp fee covers operational expenses of running the building for a year - building and ancillary insurances, yard and building maintenance, and the one fee you would not incur for a freehold property - an external body corporate management company fee. The Sinking Fund covers one-off capital items like painting of the building every 8 - 10 years. The difference between owning a free hold title and a property with body corporate fees is that with a freehold title property you pay the bills when they are incurred, whereas body corp fees comprise the same expenses just the money is collect in advance.
This property is too good to last so don't waste time. Call me today for an inspection or scoot along to the open home this Saturday.
The Sustainability Declaration can be obtained from the Agent.
Additional feature/s - Built In Robes.

Property History for 5/96 Primrose St, Sherwood, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$247,500
11 Mar 2011
  • 11 Mar 2011
    Sold for $247,500
  • 06 Nov 2010
    Listed for Sale $275,000
  • 11 May 1999
    Sold for $73,500
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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 3,089 properties. Over the last 5 years, Houses in Sherwood have seen a 72.02% increase in median value, while Units have seen a 70.28% increase. As at 30 November 2024:

  • The median value for Houses in Sherwood is $1,590,166 while the median value for Units is $693,753.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Sherwood on OnTheHouse. According to CoreLogic's data, 140 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.