12 Jubilee StreetStones Corner QLD 4120
Property Details for 12 Jubilee St, Stones Corner
12 Jubilee St, Stones Corner is a 9 bedroom, 4 bathroom Unit with 5 parking spaces and was built in 1970. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (November 2020)
First time offered in almost 20 years! Welcome to this rare block of 4 flats located in a prime Stones Corner position on a 607sqm LMR zoned block only a short walk to everything that this popular suburb has to offer:
Some features include:
Flat 1: 4 bedrooms at the front over 2 levels with private balcony, internal lock-up garage and extra off street car space
Flat 3: Ground floor 2 bedroom unit with generous main bedroom
Flat 4: Neat and tidy spacious 1 bedroom unit thats been modernized
Currently returning $62,400pa being $400pw, $280pw, $280pw and $240pw.
All flats have scope to do some work to improve the rental yield and may have potential to strata title and sell off.
The property is located only close to Old Cleveland Rd bus transit, Buranda train station, an abundance of local cafes and restaurants on the Stones Corner cafe strip, a walk to the PA and Greenslopes Hospitals, Easts Leagues Club, bike ride to UQ, and easy M1 access to the City.
Live in the 4 bedroom and rent out the rest? Investigate student accommodation for higher yields? Strata Title and sell? Or keep as a safe long term investment in a blue chip suburb.
Will be Sold!
Property History for 12 Jubilee St, Stones Corner, QLD 4120
- 07 Nov 2020Sold for $1,230,000
- 18 Aug 2020Listed for Sale Under Contract
- 02 Jul 2020Listed for Rent $239 / week
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0About Stones Corner 4120
The population of Stones Corner in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation. In 2011, 42.5% of the homes in Stones Corner were owner-occupied compared with 40.8% in 2016.
Stones Corner has 1,666 properties. Over the last 5 years, Houses in Stones Corner have seen a 62.60% increase in median value, while Units have seen a 81.58% increase. As at 31 October 2024:
- The median value for Houses in Stones Corner is $1,254,657 while the median value for Units is $734,109.
- Houses have a median rent of $595 while Units have a median rent of $595.
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