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Sold on 19 Nov 2024 - Price Unavailable

1/8 Cottonwood Place
Taranganba QLD 4703

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 794m2
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Property Details for 1/8 Cottonwood Pl, Taranganba

1/8 Cottonwood Pl, Taranganba is a 6 bedroom, 2 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 794m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 6 bedroom Semi-Detached sold in Taranganba in the last 12 months.

Building Type
Semi-Detached
Land Size
794m2

Last Listing description (November 2024)

Discover an outstanding investment opportunity or home on the Capricorn Coast with this conveniently located Duplex. Just minutes from public transport, primary schools, childcare, Cedar Park Shopping Centre, and the Capricorn Tavern, this property offers easy access to all essential amenities. A short walk will take you to the beautiful Lammermoor Beach, adding to the appeal of this prime location.

Set on two separate titles, and situated on a fully fenced 792m² allotment consisting of two stand alone units. Unit 1 spans 100m², while Unit 2 covers 92m². Both units overlook the tranquil Taranganba Park, known for its abundant bird life. Designed for low-maintenance living, each unit features air conditioning, three spacious bedrooms, two living areas, a bathroom, separate laundry, and toilet, termite barrier and garden shed.

Unit 1 is currently vacant, ideal for those looking to live in one unit while renting out the other, or simply rent it for $450 per week. Unit 2 is occupied by a wonderful tenant paying $370 per week until February 28, 2025, with the potential to increase rental income to $500 - $520 per week at lease end.

With NO BODY CORPORATE FEES, this property offers a stress-free option for First-time buyers, Downsizers, or savvy Investors. Sit back and enjoy watching your investment thrive!

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Property History for 1/8 Cottonwood Pl, Taranganba, QLD 4703

A timeline of how this property has performed in the market
Last Sold
19 Nov 2024
Listed for Rent
$320/w
18 Jan 2020
  • 20 Nov 2024
    Listed for Rent - Price not available
  • 19 Nov 2024
    Sold
  • 17 Oct 2024
    Listed for Sale Offers over $800,000 considered
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About Taranganba 4703

The size of Taranganba is approximately 2.1 square kilometres. It has 2 parks covering nearly 6.5% of total area. The population of Taranganba in 2011 was 2,429 people. By 2016 the population was 2,277 showing a population decline of 6.3% in the area during that time. The predominant age group in Taranganba is 50-59 years. Households in Taranganba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taranganba work in a professional occupation. In 2011, 66.7% of the homes in Taranganba were owner-occupied compared with 66.3% in 2016.

Taranganba has 1,148 properties. Over the last 5 years, Houses in Taranganba have seen a 100.39% increase in median value, while Units have seen a 104.31% increase. As at 30 November 2024:

  • The median value for Houses in Taranganba is $745,444 while the median value for Units is $462,038.
  • Houses have a median rent of $620 while Units have a median rent of $460.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Taranganba on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in Taranganba.

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