1590 Wynnum RoadTingalpa QLD 4173
Property Details for 1590 Wynnum Rd, Tingalpa
1590 Wynnum Rd, Tingalpa is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (December 2022)
Rebuild, renovate, landbank or nest your home business on 607m2
Opportunity knocks with this quaint post-war residence; occupying a sprawling 607m2 with a deep 40.5m ready to accommodate even the biggest of dreams, this property presents an affordable entry to the swiftly growing Tingalpa market with the option to rebuild, renovate, invest, extend, or even nest your home business (STCA).
Previously tenanted, the potential exists for rental success by adding value to the modest three bedroom home with a few cosmetic touches and some TLC - enjoy the fruits of your labor with rewarding returns whilst plans for the property unfold, or kick back rest-assured your future is secure with a clever land bank. A 14.9m frontage plus side vehicle entry will provide ideal space and access should you wish to enhance the existing footprint, or clear and make way for your impressive new build (STCA).
For prudent business owners this position is hard to beat. Closely neighboured by businesses that could easily compliment the establishment of automotive, beauty, financial, or tutoring services (STCA) to name a few, it promises the benefit of exceptional exposure that will allow your business to flourish.
On the cusp of vast parkland at Tourquay Crescent Park, this address lies within moments of local conveniences including Mayfair Village, major retailers at Wynnum Plaza, easy bus transport, and offers close access to the Gateway motorway junction for a swift commute in any direction.
Property History for 1590 Wynnum Rd, Tingalpa, QLD 4173
- 21 Nov 2022Sold for $570,000
- 23 Sep 2022Listed for Sale Not Disclosed
- 25 Aug 2016Sold for $363,000
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About Tingalpa 4173
The size of Tingalpa is approximately 8.9 square kilometres. It has 23 parks covering nearly 32.9% of total area. The population of Tingalpa in 2011 was 8,539 people. By 2016 the population was 8,294 showing a population decline of 2.9% in the area during that time. The predominant age group in Tingalpa is 30-39 years. Households in Tingalpa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tingalpa work in a professional occupation. In 2011, 70.5% of the homes in Tingalpa were owner-occupied compared with 71% in 2016.
Tingalpa has 3,898 properties. Over the last 5 years, Houses in Tingalpa have seen a 81.83% increase in median value, while Units have seen a 100.02% increase. As at 31 October 2024:
- The median value for Houses in Tingalpa is $972,223 while the median value for Units is $701,693.
- Houses have a median rent of $680 while Units have a median rent of $460.
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