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Sold on 02 Sep 2024 for $777,500

17 Lancaster Street
Strathpine QLD 4500

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 607m2
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Property Details for 17 Lancaster St, Strathpine

17 Lancaster St, Strathpine is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Strathpine in the last 12 months.

Building Type
House
Land Size
607m2

Last Listing description (September 2024)

Strathpine Investor Special in Next Generation Zone

Mark Rumsey & the David Deane Team are proud to launch to the market 17 Lancaster Street, Strathpine which is ready to go and packed full of value & opportunity.

Positioned on a level 607m2 block within the "Next Generation Development Zone ", the property is located centrally within a short walk to a primary & high school and has flexible living across two levels.

Currently leased with quality long term tenants and with a town planning report that indicates potential for 4 townhouses, see below the key features and benefits this excellent investment opportunity provides:

Upper Level
3 Generous size bedrooms
Quality kitchen with ample storage
Modern Family bathroom with separate toilet
Spacious air conditioned lounge and dining
Hard wood timber floors
Front deck & rear deck for entertaining
Lower Level
Large tiled rumpus
Second bathroom and toilet provides ideal teenagers retreat
Single lock up garage with extra storage and work shop area
Possible Side access
Big fully fenced back yard
Water tank
Plus more to discover on inspection

Location:
Walk to multiple schools, Bus and rail,
Shops, parks and Strathpine CBD
Minutes to Petrie USC Campus

Investor Information:
Currently tenanted until 29 May 2025 at $560 per week; (New Rental value per week predicted at $600-$620pw)
Council Rates per quarter $522.00 approx'
Next Generation zoning report available

With the Strathpine property market primed for strong growth into the future, don't miss this great opportunity to secure this excellent investment to add to your portfolio.

Interested? Please call Mark Rumsey for further information on 0404 498 340 or we invite you to inspect at our scheduled open for inspections.

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Property History for 17 Lancaster St, Strathpine, QLD 4500

A timeline of how this property has performed in the market
Last Sold
$777,500
02 Sep 2024
Listed for Rent
$385/w
28 May 2020
  • 10 Aug 2024
    Sold for $777,500
  • 05 Aug 2024
    Listed for Sale Under Contract
  • 30 Apr 2020
    Listed for Rent $385 / week
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About Strathpine 4500

The size of Strathpine is approximately 7.2 square kilometres. It has 27 parks covering nearly 17.8% of total area. The population of Strathpine in 2011 was 9,276 people. By 2016 the population was 9,512 showing a population growth of 2.5% in the area during that time. The predominant age group in Strathpine is 30-39 years. Households in Strathpine are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathpine work in a clerical occupation. In 2011, 73.1% of the homes in Strathpine were owner-occupied compared with 71.5% in 2016.

Strathpine has 4,889 properties. Over the last 5 years, Houses in Strathpine have seen a 83.05% increase in median value, while Units have seen a 102.24% increase. As at 30 November 2024:

  • The median value for Houses in Strathpine is $752,840 while the median value for Units is $548,501.
  • Houses have a median rent of $598 while Units have a median rent of $470.
There are currently 41 properties listed for sale, and 35 properties listed for rent in Strathpine on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Strathpine.

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Mark Rumsey
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David Deane Real Estate
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