OFF MARKET

5/18-24 Payne Road
The Gap QLD 4061

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 102m2
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Property Details for 5/18-24 Payne Rd, The Gap

5/18-24 Payne Rd, The Gap is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 102m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2010
Floor Size
88m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
5/SP218403

Last Listing description (August 2021)

Suitable for the first home buyer, downsizer or investor, this secure modern apartment offers a wonderful lifestyle for the resident. Enjoy access to the in-house lap pool, gymnasium and secure parking, along with the convenience of being located close to public transport, supermarkets, cafes, boutiques and the Ashgrove Golf Course.

It's currently leased until 11 July, 2021 and returns $500pw in rent. Body Corps and rates are available upon request.

Featuring:

3 generous sized bedrooms, all with built-in cupboards
Master with built-ins and ensuite
Spacious air-conditioned living area
Modern kitchen with stone tops, dishwasher and built-in microwave
Main bathroom includes a washing machine & dryer
Secure & weather-proof entertainment area
Secure underground parking
Visitor parking
Lap pool
Gymnasium

There are included furniture items if desired, but it's your choice if you want or need them to stay.

Together with the liveability of the area, all of the wonderful amenities close at hand, and the low maintenance living that this opportunity presents, it is a property that will give you years of pleasure to come home to - or have in your property portfolio.

Contact Lynette on 0421 337 341 for more information or inspection times.

Property History for 5/18-24 Payne Rd, The Gap, QLD 4061

A timeline of how this property has performed in the market
Last Sold
$474,000
27 Jul 2021
Listed for Rent
$500/w
03 Jul 2019
  • 27 Jul 2021
    Sold for $474,000
  • 14 Feb 2021
    Listed for Sale FOR SALE
  • 17 Jun 2016
    Listed for Rent $480 / week
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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 6,790 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 26 properties listed for sale, and 6 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 246 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.