OFF MARKET

689 Waterworks Road
The Gap QLD 4061

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1037m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low
High
Share
Save

Property Details for 689 Waterworks Rd, The Gap

689 Waterworks Rd, The Gap is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 1037m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1920
Land Size
1037m2
Local Government
Brisbane
Lot/Plan
1/RP99112

Last Listing description (May 2023)

Small and easy to do inner-city development sites are nearly impossible to come by, but this one’s a ripper. Sitting on a level corner block, all the hard work has been done with a development approval in place to subdivide into two good size and easy to build blocks – perfect for the unbeatable value for money project home.

Situated in a family friendly locale close to parks and sought after schools, this run-down Queenslander on a whopping big 1037m2 has approval to subdivide into 2 x lots (448m2 & 589m2). Sure to excite those looking for their next deal, it is the perfect city fringe project that centre's around a leafy green location and a quick fast buck.

You'll love the endearing charm and charisma of the existing 1930’s broad gabled Queenslander. Brimming with all those period features that make these properties so very popular, the home enjoys big rooms, high ceilings, two good size bedrooms plus sleepout and a traditional archway to separate the lounge and dining. With a myriad of options, there is scope to renovate the existing house or remove it from the block.

Set on a near level corner block with two street frontages, make the most of this large parcel of land just 7km from the Brisbane CBD. With a development approval in place, turn one block into two and turn soil straight away.

For more information or to request the survey plan and BCC development approval conditions, contact Peter D’Arcy on 0412 738 009.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Show More

Property History for 689 Waterworks Rd, The Gap, QLD 4061

A timeline of how this property has performed in the market
Last Sold
$905,000
26 Mar 2021
Listed for Rent
$400/w
06 Dec 2021
  • 11 Nov 2021
    Listed for Rent $400 / week
  • 26 Mar 2021
    Sold for $905,000
  • 17 Sep 2020
    Listed for Sale For Sale
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

The Gap Profile Page

Suburb Insights for The Gap 4061

Visit The Gap profile page
Market Insights
The Gap Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
The Gap Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit The Gap profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED