SOLD
Sold on 14 Mar 2024 for $500,000

5/71-77 Railway Parade
Thorneside QLD 4158

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
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Property Details for 5/71-77 Railway Pde, Thorneside

5/71-77 Railway Pde, Thorneside is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1988. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Townhouse sold in Thorneside in the last 12 months.

Building Type
Townhouse
Year Built
1988
Floor Size
86m2
Local Government
Redland
Lot/Plan
5/GTP1387

Last Listing description (January 2020)

INVESTORS BE QUICK! What an awesome return you can expect here! Let the rent pay for the loan (predicted rental is $340 to $360 per week) and enjoy a nice passive income in years to come. Alternatively, this is ENTRY LEVEL pricing for anyone looking to get into the market and with all the hard work done. \n\nFeatures of this townhouse include:\n\n*Combined lounge/dining room with split-cycle air-conditioner;\n*New kitchen with new appliances plus pantry;\n*Two built-in bedrooms the master with split-cycle air-conditioner;\n*Modernised bathroom with separate toilet;\n*New carpets and floating timber flooring throughout;\n*Ceiling fans throughout;\n*Down-lights throughout;\n*Storage under stairs plus two linen cupboard;\n*Outdoor under cover entertaining area;\n*Large back yard with 2.8 metres side access for boat, caravan, trailer, etc;\n*Single carport with small storage shed;\n*Cheap body corporate fees;\n*Walk to Thorneside Train Station and local shops\n\nDon't delay your inspection of this property. Contact the marketing agent today.

Property History for 5/71-77 Railway Pde, Thorneside, QLD 4158

A timeline of how this property has performed in the market
Last Sold
$500,000
14 Mar 2024
Listed for Rent
$350/w
15 Nov 2018
  • 14 Mar 2024
    Sold for $500,000
  • 25 Mar 2019
    Sold for $242,000
  • 30 Oct 2018
    Listed for Rent - Price not available
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About Thorneside 4158

The size of Thorneside is approximately 2.6 square kilometres. It has 14 parks covering nearly 15.4% of total area. The population of Thorneside in 2011 was 3,547 people. By 2016 the population was 3,772 showing a population growth of 6.3% in the area during that time. The predominant age group in Thorneside is 50-59 years. Households in Thorneside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorneside work in a professional occupation. In 2011, 65.8% of the homes in Thorneside were owner-occupied compared with 66% in 2016.

Thorneside has 1,837 properties. Over the last 5 years, Houses in Thorneside have seen a 78.97% increase in median value, while Units have seen a 95.40% increase. As at 30 September 2024:

  • The median value for Houses in Thorneside is $1,024,676 while the median value for Units is $614,703.
  • Houses have a median rent of $680 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 1 property listed for rent in Thorneside on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Thorneside.

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