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Sold on 25 Oct 2024 for $490,000

5/23 Montrose Road
Taringa QLD 4068

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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Property Details for 5/23 Montrose Rd, Taringa

5/23 Montrose Rd, Taringa is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Taringa in the last 12 months.

Building Type
Apartment
Floor Size
75m2

Last Listing description (October 2024)

On the top floor and in the rear corner of a two-story walk-up, this brilliant one bedroom apartment ticks so many boxes. In a whisper-quiet street, it's positioned a short walk from Taringa Station, Coles Local and a number of other great conveniences.

Enjoy a wonderful leafy, private outlook from the full-width balcony, a kitchen with gas cooking, an island bench and plenty of cupboard space. The living room has abundant natural light, as well as split-system air-conditioning. The bedroom has mirrored built-ins and opens on to the balcony, and a great little study nook separates the bedroom and bathroom.

An automatic lock-up garage makes coming and going a breeze, with major shopping centres (Indooroopilly and Toowong), The University of Queensland and the CBD all just a short drive away.

Currently vacant, it's ready to be moved into right away and investors can anticipate potential rent of $420-$470/week.

For access to the information page, including body corporate disclosure statement, contract and link to make an offer, please enquire.

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Property History for 5/23 Montrose Rd, Taringa, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$490,000
25 Oct 2024
Listed for Rent
$330/w
25 Mar 2019
  • 10 Oct 2024
    Sold for $490,000
  • 02 Oct 2024
    Listed for Sale Offers over $450,000
  • 03 Jan 2019
    Listed for Rent $330 / week
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About Taringa 4068

The size of Taringa is approximately 2.1 square kilometres. It has 10 parks covering nearly 9.1% of total area. The population of Taringa in 2011 was 7,175 people. By 2016 the population was 8,386 showing a population growth of 16.9% in the area during that time. The predominant age group in Taringa is 20-29 years. Households in Taringa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taringa work in a professional occupation. In 2011, 46.1% of the homes in Taringa were owner-occupied compared with 43.6% in 2016.

Taringa has 5,202 properties. Over the last 5 years, Houses in Taringa have seen a 56.69% increase in median value, while Units have seen a 75.21% increase. As at 30 November 2024:

  • The median value for Houses in Taringa is $1,608,706 while the median value for Units is $747,429.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 24 properties listed for sale, and 33 properties listed for rent in Taringa on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Taringa.

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