OFF MARKET

18/18 Magellan Road
Springwood QLD 4127

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 126m2
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Property Details for 18/18 Magellan Rd, Springwood

18/18 Magellan Rd, Springwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 126m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1990
Floor Size
90m2
Land Size
126m2
Local Government
Logan City
Lot/Plan
18/GTP2296

Last Listing description (January 2024)

SOLD by DERRICK WILLIAMS | 0433 005 324
- | 18/18 Magellan Road Springwood | -

Immaculate condition, Fully Renovated, Fantastic Return, Move in Ready and Convenient Location.

Amazing opportunity for investors and owner-occupiers, 18/18 Magellan Rd features two extremely spacious bedrooms, open plan living new kitchen, updated appliances, new bathroom and loads of extras.

Located in a secure complex with established gardens, a swimming pool and a BBQ area, it is cleverly designed to maximise privacy without compromising on space.

Property features:
- 2 bedrooms, both with built-in wardrobes, master bedroom with air-con
- New bathroom with oversized shower and toilet
- New kitchen with loads of cupboard space and modern appliances
- Open plan dining flowing out to the courtyard
- Open plan lounge room with air con
- Internal stairs
- Separate downstairs toilet
- Internal laundry
- Private courtyard
- Remote single lock-up covered carport
- Compliant smoke alarms
- NBN
- Easy care gardens
- Designated second car space
- Community inground swimming pool and BBQ area directly across from unit
- Currently tenanted (month to month)
- Current rent appraisal: $430p/w
- Body corp fees: $791 p/q ($3,164 p/a)
- Rates: approx $900p/q
- Not in a flood affected area

Close by:
- Public transport
- John Paul College
- Chatswood Hills State School
- Cafes & Eateries
- Chatswood Hills Tavern
- Parks & playgrounds
- M1 Pacific Motorway

Disclaimer:
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition)
Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 18/18 Magellan Rd, Springwood, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$405,000
15 May 2023
  • 15 May 2023
    Sold for $405,000
  • 10 May 2023
    Listed for Sale Offers Over $349,000
  • 18 Mar 1990
    Sold for $89,950

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About Springwood 4127

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.

Springwood has 4,213 properties. Over the last 5 years, Houses in Springwood have seen a 89.61% increase in median value, while Units have seen a 129.85% increase. As at 31 October 2024:

  • The median value for Houses in Springwood is $944,750 while the median value for Units is $552,458.
  • Houses have a median rent of $620 while Units have a median rent of $485.
There are currently 36 properties listed for sale, and 41 properties listed for rent in Springwood on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Springwood.

Suburb Insights for Springwood 4127

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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.