12/23 Scholars DriveSippy Downs QLD 4556
Property Details for 12/23 Scholars Dr, Sippy Downs
12/23 Scholars Dr, Sippy Downs is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1997. The property has a land size of 100m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
NOTE: Anyone can live in these units - you can occupy them or rent them out using the onsite manager or another outside agency.
Located in the 'The Village' lies this 2 bedroom, 2.5 bathroom townhouse with a single lock up garage that is perfect for an entry level purchase in this market.
Unit 12 forms part of a secure and gated complex with 24 hour on-site management and security, 4 lane 25m lap pool, 2 further leisure pools, tennis court, basketball court, and multiple BBQ facilities all within walking distance of one of the fastest growing universities, bus stop, IGA, local shops and cafes.
The Village complex boasts 100% occupancy along with a long waiting list of potential tenants, so feel at ease that this is a solid investment property with large demand from the rental market.
On offer is two spacious bedrooms each with a study desk, built-in robes and ceiling fans throughout, along with two complete bathrooms upstairs plus a toilet/powder room.
The downstairs living space is open plan and overlooks your very own private courtyard that is paved and a nice size for small pets.
Leases:
A room - Lease expiry 14/12/2023; Rent $249/week
B room - Lease expiry 14/12/2023; Rent $259/week
Total income: $508 gross p/week / $26,416 per year
Property features:
Leased until 14/12/2023 @ $508 gross p/week
Body corporate fees: $4,220 p/year approx.
Property rates: $2,300 p/year approx.
New roof & garage door with recent insurance claim (hail)
Exterior has been completely repainted
Townhouse living in secure & gated complex
2 bedrooms, 2.5 bathrooms & single lock up garage
Pet friendly complex
100% complex occupancy with waiting list
24hr on-site management & security
4 lane 25m lap pool & 2 leisure pools
Floodlit tennis & basketball courts
Walking distance to university, IGA shops & bus stop
Property History for 12/23 Scholars Dr, Sippy Downs, QLD 4556
- 09 Mar 2023Sold for $395,500
- 27 Oct 2022Listed for Sale $450,000
- 25 Mar 2006Sold for $159,000
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2011 was 9,088 people. By 2016 the population was 10,281 showing a population growth of 13.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a professional occupation. In 2011, 54.7% of the homes in Sippy Downs were owner-occupied compared with 52.4% in 2016.
Sippy Downs has 4,912 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.48% increase in median value, while Units have seen a 78.71% increase. As at 31 January 2025:
- The median value for Houses in Sippy Downs is $913,687 while the median value for Units is $602,872.
- Houses have a median rent of $693 while Units have a median rent of $585.
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