SOLD
Sold on 02 Oct 2024 for $293,000

37 Kensington Drive
Southside QLD 4570

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 602m2
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Property Details for 37 Kensington Dr, Southside

Building Type
Land
Land Size
602m2
Local Government
Gympie Regional
Lot/Plan
5/SP339157

Last Listing description (October 2024)

As an investor Gympie ticks a lot of boxes and meets key metrics that every property investor should look for.

1/ Population Growth 2/ Affordability and 3/ Low vacancy rates all of which drives up demand and in turn capital growth.

With vacancy rates sitting at under 1%, finding a tenant will take days not weeks.

Gympie is only 50minutes from the stunning beaches of Noosa and under 2hours to Brisbane CBD. The estate has a spacious feel with larger than normal blocks and wide roads giving you the feel of rural living within the suburbs.

ABOUT THE LOCATION

This estate is in close proximity to everything an investor would need.
Mins to Gympie CBD
Private schooling
State schools close by
Early learning and child care
Major shopping
Bunnings
Public and Private hospital
Aquatic centre
Marry Valley Rattle train station
18 Hole golf course close by

ABOUT THE PROPERTY

FULL TURN KEY DUAL KEY PROPERTY- TENANT READY - NOTHING MORE TO SPEND

CONFIGURATION

3+2 Bed, 2+1 Bath, 1+1 Car

Land Size: 603m2
Land Price: $293,000
Build Size: 224m2
Build Price: $497,064

Total Cost: $790,064
Rental Estimate; $870 Per Week

Registered And Ready To Build

Property Highlights:

- Render to whole house (colour choices available)
- 6 star energy efficiency
- Turf & 10 SQM landscape gardens
- Fully fenced
- Concreted driveways, paths & patios (as per plan)
- Split A/C to main living area in both dwellings
- Lever door handles throughout
- Fully painted with Taubman's quality
paints
- Stainless Steel Bellissimo appliances
- Clothesline, TV antenna & letterbox
- Fully landscaped
- Carpet & Tile throughout
- Vertical blinds to all windows
- Fly screens & window locks
- Security screen to external doors
- Fan light to bedrooms
- Garage remote controls
- 6yr Structural Warranty
- 12mths Maintenance period

Please note: All pictures shown are for illustrative purposes only

INVESTORS TAKE NOTE

There are very few high yielding build opportunities under $800k. This is a quality development for an astute investor looking to capitalise on equity uplift or as a solid long term investment.

TO RESERVE THIS PROPERTY:

- Complete an Expression of Interest with Asset Property Partners Pty Ltd and a $1,000 holding deposit
- Asset Property Partners prepares contracts and express posts to agent/buyer solicitor/buyer
- Two Contracts - Land and Build. Standard conditions - Pay no stamp duty on the build. 21 days finance, 10% balance deposit paid at finance approval. 5% deposit on Build

For more information call Aaron on 0412828702

HOW CAN WE HELP YOU?

Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no cost service that helps everyday Australian's make smarter property choices. Let us help you save time and money whilst taking the hassle out of building!

Call 0412828702 for more information today.

Disclaimer:
All drawings, facades, plans and images are for illustration purposes and we cannot be held liable for any errors or emissions. For detailed plans and inclusions and other information pertaining to this particular house and land package please discuss with your Asset Property Partners new home sales consultant.

Property History for 37 Kensington Dr, Southside, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$293,000
02 Oct 2024
  • 02 Oct 2024
    Sold for $293,000
  • 25 Sep 2024
    Listed for Sale $790,064

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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 3,677 properties. Over the last 5 years, Houses in Southside have seen a 86.21% increase in median value, while Units have seen a 55.17% increase. As at 31 October 2024:

  • The median value for Houses in Southside is $653,337 while the median value for Units is $394,379.
  • Houses have a median rent of $555 while Units have a median rent of $340.
There are currently 115 properties listed for sale, and 10 properties listed for rent in Southside on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Southside.

Suburb Insights for Southside 4570

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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.