SOLD
Sold on 16 Oct 2024 for $1,075,000

44 Wilga Street
Wacol QLD 4076

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 405m2
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Property Details for 44 Wilga St, Wacol

44 Wilga St, Wacol is a 5 bedroom, 5 bathroom House. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Wacol in the last 12 months.

Building Type
House
Land Size
405m2
Local Government
Brisbane
Lot/Plan
21/SP332931

Last Listing description (October 2024)

An exceptional investment opportunity in Wacol and only 950m to Wacol Train Station.

This one year old fully furnished five bedroom single storey rooming house on 405m2. Each room is complete with living with kitchenette, bathroom, air conditioned bedroom and private landscaped courtyard. The common area includes a full kitchen with oven, cooktop and rangehood and laundry facilities with 2 x WM. The property has 13kw solar system installed for energy efficiency. The property presents an exciting proposition for the savvy investor.

Certified as a Class 1b dwelling gives the right to lease each rooms individually, ideal for tenants that are looking for single occupancy spaces with modern, high quality furniture with utilities included. Currently fully leased the property is returning an impressive $1790 per week.

Features:
- Five individual living spaces comprising, bedroom, bathroom and internal and external living space
- Communal laundry and full-size kitchen
- Abundance of natural light, neutral colour tones and quality finishes throughout
- Air conditioning, electric hot water system and 13kw solar system
- Certified as a Class 1b dwelling allowing each room to be leased individually
- Smart door locks on front door and individual rooms providing for keyless access and remote management
- Annual rental return of over $93k
- High quality build, fixtures and furniture throughout.

Note: There are 2 houses available side by side and can be purchased as a pair. Each house is $1,300,000 each.

Note: Please make contact for more detailed Information Memorandum.

Property History for 44 Wilga St, Wacol, QLD 4076

A timeline of how this property has performed in the market
Last Sold
$1,075,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $1,075,000
  • 18 Jun 2024
    Listed for Sale Offers Over $1,300,000
  • 16 Mar 2022
    Sold for $375,000

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About Wacol 4076

The size of Wacol is approximately 18.2 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Wacol in 2011 was 2,957 people. By 2016 the population was 3,774 showing a population growth of 27.6% in the area during that time. The predominant age group in Wacol is 20-29 years. Households in Wacol are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wacol work in a trades occupation. In 2011, 61.3% of the homes in Wacol were owner-occupied compared with 45.4% in 2016.

Wacol has 702 properties. Over the last 5 years, Houses in Wacol have seen a 130.92% increase in median value, while Units have seen a 73.07% increase. As at 28 February 2025:

  • The median value for Houses in Wacol is $684,550 while the median value for Units is $525,555.
  • Houses have a median rent of $545 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Wacol on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Wacol.

Suburb Insights for Wacol 4076

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.