OFF MARKET

1/53A Groundwater Road
Southside QLD 4570

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
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Property Details for 1/53a Groundwater Rd, Southside

1/53a Groundwater Rd, Southside is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 85m2.

Building Type
Unit
Year Built
2017
Floor Size
85m2
Local Government
Gympie Regional

Last Listing description (July 2017)

What a great opportunity to down size or invest!!
These great units are strata titled for individual sale or can both be purchased together as an impressive addition to your portfolio. Situated on the Southside just a short drive from schools, shopping centre etc. Boasting 3 large bedrooms with built-in robes and fans and spacious open plan living area with split-system air-conditioner. The Kitchen offers everything you could want - electric wall oven, cook top, range hood, dishwasher, soft close drawers and Caesar stone bench tops. The spacious bathroom has a bath, separate shower and separate toilet.
The single lock up garage supplies parking and the spacious flat back yard is fully fenced. The entertainment offers a quiet and private place to relax and spend time with family and friends.

The body corporate fees are approximately $400 per year plus rates and there is a possible income return of approximately $310/wk per unit. WOW!!! what a return!
Take the time to inspect this property before you miss out!!

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Property History for 1/53a Groundwater Rd, Southside, QLD 4570

A timeline of how this property has performed in the market
  • 21 Apr 2017
    Listed for Sale $249,000 each

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About Southside 4570

The size of Southside is approximately 18.6 square kilometres. It has 27 parks covering nearly 3.5% of total area. The population of Southside in 2011 was 5,509 people. By 2016 the population was 5,718 showing a population growth of 3.8% in the area during that time. The predominant age group in Southside is 10-19 years. Households in Southside are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Southside work in a trades occupation. In 2011, 67.8% of the homes in Southside were owner-occupied compared with 65% in 2016.

Southside has 3,632 properties. Over the last 5 years, Houses in Southside have seen a 81.35% increase in median value, while Units have seen a 25.22% increase. As at 31 July 2024:

  • The median value for Houses in Southside is $627,364 while the median value for Units is $348,797.
  • Houses have a median rent of $550 while Units have a median rent of $313.
There are currently 71 properties listed for sale, and 11 properties listed for rent in Southside on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Southside.

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