OFF MARKET

509/14-16 Carol Avenue
Springwood QLD 4127

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 67m2
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Last updated 11 Nov 2024
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Property Details for 509/14-16 Carol Ave, Springwood

509/14-16 Carol Ave, Springwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 67m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2010
Floor Size
65m2
Land Size
67m2
Local Government
Logan City
Lot/Plan
509/SP234812

Last Listing description (October 2021)

The instruction is clear - Sell it now!

Location - The property is an easy walk to:
- Busway station with direct City service every 15 minutes

- Two shopping centres (Coles/Woolies/Target/Cafes/Medical/Banks)
- Primary and secondary schools
- Parks and sporting facilities
Add a 1 minute drive to the M1 and you can be in Brisbane City in 20 minutes and the Gold Coast in 40 minutes.

The Property - The key code security protected apartment includes:
- Oversized, air-conditioned bedroom
- Bathroom with soak style bath and shower overhead
- Well appointed kitchen with additional storage
- Large living and dining space with air-conditioning
- Elevated position providing views to the hinterland from the generous balcony.

Located within the 4-star environ of Hotel Gloria, the apartment has full access to facilities including:
- Hotel Concierge
- Resort Pool and entertaining area
- Fitness Centre
- Conference Facility
- American Bar and Grill on ground floor.

Yield:
Recently rented for $370 a week and body corporate a reasonable $3,581pa including administration, sinking fund and insurance, this investment opportunity far exceeds that being offered by most of the market.

The property must be sold, so don't delay.

Call Darren to arrange your virtual or private inspection on 0420 620 760.

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Property History for 509/14-16 Carol Ave, Springwood, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$225,000
14 Sep 2021
Listed for Rent
$370/w
19 Jul 2021
  • 14 Sep 2021
    Sold for $225,000
  • 05 Aug 2021
    Listed for Sale $230,000 Must Be Sold
  • 21 Jun 2021
    Listed for Rent $390 / week
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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.

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