OFF MARKET

16 Palana Street
The Gap QLD 4061

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 592m2
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Last updated 11 Nov 2024
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Property Details for 16 Palana St, The Gap

16 Palana St, The Gap is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 592m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last transferred in February 2016.

Building Type
House
Year Built
1980
Floor Size
113m2
Land Size
592m2
Local Government
Brisbane
Lot/Plan
6/RP113716

Last Listing description (June 2015)

Ray White is proud to list this property for rent. Located in a quiet pocket of The Gap it features the following attributes: - Three bedrooms with polished timber floors. - Stunning open plan kitchen leading onto the dining and entertaining room. - Large tv / dining room with split system ac unit. - Good size bathroom with separate toilet. - Rumpus room downstairs. - Double car lock up garage. - Flat usable yard area front and back. - Close to public transport into the city. - Short walk to local schools and child care facilities. If your looking for great value for money and modern living then this property is for you!! Call our office as inspections are by appointment only.

Property History for 16 Palana St, The Gap, QLD 4061

A timeline of how this property has performed in the market
Last Transferred
$248,000
11 Feb 2016
Listed for Rent
$490/w
05 Jun 2015
  • 11 Feb 2016
    Transferred for $248,000
  • 11 May 2015
    Listed for Rent - Price not available
  • 19 Aug 2014
    Listed for Rent - Price not available
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About The Gap 4061

The size of The Gap is approximately 12.6 square kilometres. It has 31 parks covering nearly 10.8% of total area. The population of The Gap in 2011 was 15,949 people. By 2016 the population was 16,709 showing a population growth of 4.8% in the area during that time. The predominant age group in The Gap is 40-49 years. Households in The Gap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Gap work in a professional occupation. In 2011, 83.4% of the homes in The Gap were owner-occupied compared with 83% in 2016.

The Gap has 6,789 properties. Over the last 5 years, Houses in The Gap have seen a 80.79% increase in median value, while Units have seen a 79.86% increase. As at 31 October 2024:

  • The median value for Houses in The Gap is $1,291,632 while the median value for Units is $969,697.
  • Houses have a median rent of $770 while Units have a median rent of $680.
There are currently 24 properties listed for sale, and 6 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in The gap.

Suburb Insights for The Gap 4061

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.