7/1 Cristaldi AvenueUnderwood QLD 4119
Property Details for 7/1 Cristaldi Ave, Underwood
7/1 Cristaldi Ave, Underwood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 158m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2012.
Last Listing description (May 2019)
With tenants and new lease already in place generating yearly returns of $17,472 PLUS the NRAS 2018-2019 incentive of $11,192 (that's set to increase every year under the National Rental Affordability Scheme), this property's excellent position makes it an irresistible investment!
In a peaceful and private complex, this property is just minutes' walk to the Underwood Marketplace Shopping Centre, as well as several specialty stores and restaurants. With buses stopping just outside the complex, and both Brisbane City and the Gold Coast in easy access via the nearby Pacific Motorway, it's easy to see why this is such a highly-desirable and sought-after location.
Outside, you'll find the surprisingly generous backyard, complete with shady trees and easy-care plants, as well as a low-maintenance lawn that's perfect for pets and children to run around.
Upstairs, each of the three comfy bedrooms offer built-in wardrobes, while the master also accommodates an ensuite bathroom for your convenience. With a communal pool in the complex, this wonderful investment home has everything an investor need!
Property History for 7/1 Cristaldi Ave, Underwood, QLD 4119
- 27 Mar 2019Listed for Sale $379,000
- 16 Apr 2012Sold for $389,000
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0About Underwood 4119
The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of total area. The population of Underwood in 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.
Underwood has 3,341 properties. Over the last 5 years, Houses in Underwood have seen a 84.03% increase in median value, while Units have seen a 100.54% increase. As at 31 October 2024:
- The median value for Houses in Underwood is $1,069,895 while the median value for Units is $641,614.
- Houses have a median rent of $675 while Units have a median rent of $550.
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