OFF MARKET

52 Settlement Road
The Gap QLD 4061

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 630m2
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Last updated 30 Sep 2024
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Property Details for 52 Settlement Rd, The Gap

52 Settlement Rd, The Gap is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 630m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1970
Floor Size
140m2
Land Size
630m2
Local Government
Brisbane
Lot/Plan
21/RP83715

Last Listing description (November 2020)

Positioned on a prominent 630sqm corner allotment with side street access, this unique property offers a rare and outstanding opportunity to acquire a larger than most property, with a variety of options for the growing family or astute investor. Offering functionality for buyers seeking dual living requirements, separation for teens, income generating opportunities and more, it is positioned minutes from the best that The Gap has to offer; shops, parkland, bike trails, gyms, and neighborhood cafes. Brisbane's bustling CBD is an easy commute with public transport on your doorstep, as are elite primary and secondary schooling options. Elevated to capture cooling breezes and leafy vistas, the home is perfectly presented and immediately livable as is whilst still providing immense scope for renovation. 52 Settlement Road incorporates:* Brick and timber residence with character and charm* Functional floor plan, generous proportions throughout and leafy panoramas toward Fish Creek* Large open plan family kitchen and living space with high ceilings* Sprawling all-season decks, pool, lawns and Balinese inspired entertaining pavilion create a tropical oasis - just in time for summer!* Three generously sized bedrooms upstairs (2 x built in robes) are serviced by a large family bathroom with bathtub & separate shower* Lower level includes 4 x multi purpose rooms, currently used as bedrooms, modern bathroom, kitchenette and separate lounge/dining * The downstairs area of this property has previously been run as a very lucrative business for student accommodation and Home stay* The back yard offers low maintenance gardens surrounding a sparkling solar-heated saltwater in ground pool and poolside cabana * Abundant storage throughout plus water tanks and solar hot water* Situated within catchment for both The Gap State Primary & The Gap High School* Conveniently located only 9 Km from the Brisbane CBD and within walking distance to public transport, schools and The Gap Shopping Village

Property History for 52 Settlement Rd, The Gap, QLD 4061

A timeline of how this property has performed in the market
Last Sold
$605,000
16 Oct 2020
Listed for Rent
$650/w
22 Jun 2020
  • 16 Oct 2020
    Sold for $605,000
  • 22 Sep 2020
    Listed for Sale Offers Over $600,000
  • 30 Jan 2020
    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 6,801 properties. Over the last 5 years, Houses in The Gap have seen a 66.85% increase in median value, while Units have seen a 71.46% increase. As at 30 September 2024:

  • The median value for Houses in The Gap is $1,292,329 while the median value for Units is $938,107.
  • Houses have a median rent of $770 while Units have a median rent of $680.
There are currently 27 properties listed for sale, and 6 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in The gap.

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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.