OFF MARKET

21 Gorham Street
Tingalpa QLD 4173

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 607m2
Land area: 607m2
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Last updated 30 Sep 2024
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Property Details for 21 Gorham St, Tingalpa

21 Gorham St, Tingalpa is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 607m2 and floor size of 607m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Floor Size
607m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
17/RP125418

Last Listing description (April 2018)

*TOWN PLANNER ASSESSMENT AVAILABLE ON REQUEST
Rare block of units on one title consisting of three two bedroom, two bathroom and one car lock up garage units on a 607m2 block.
There is potential to convert the garage to a fourth unit to significantly increase the yeild/value (subject to council approval).

Units Two and Three have been completely renovated including new kitchens, bathrooms, tiles and carpets.
Current rental yield of $880 per week consisting of the following:
Unit one is rented at $290 per week until 15/01/2018 (photos 3 - 6)
Unit two is rented at $290 per week until 8/03/2018 (photos 7 - 11)
Unit three is rented at $300 per week until 23/04/2018 (photos 12 - 16)
Outgoings:
Rates $825 per 1/4 approx
Water $723 per 1/4 approx
Don't miss out in this exceptional opportunity!

Property History for 21 Gorham St, Tingalpa, QLD 4173

A timeline of how this property has performed in the market
Last Sold
$870,000
19 Feb 2018
Listed for Rent
$280/w
08 Mar 2012
  • 19 Feb 2018
    Sold for $870,000
  • 17 Nov 2017
    Listed for Sale Interest from $899,000
  • 01 Mar 2012
    Listed for Rent - Price not available
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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 3,919 properties. Over the last 5 years, Houses in Tingalpa have seen a 83.80% increase in median value, while Units have seen a 104.43% increase. As at 31 August 2024:

  • The median value for Houses in Tingalpa is $955,377 while the median value for Units is $702,063.
  • Houses have a median rent of $675 while Units have a median rent of $540.
There are currently 15 properties listed for sale, and 14 properties listed for rent in Tingalpa on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Tingalpa.

Suburb Insights for Tingalpa 4173

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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.