OFF MARKET

12 Julia Street
Wavell Heights QLD 4012

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 397m2
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Property Details for 12 Julia St, Wavell Heights

12 Julia St, Wavell Heights is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 397m2.

Building Type
Unit
Land Size
397m2
Local Government
Brisbane
Lot/Plan
1/SP188058

Last Listing description (October 2022)

Here's an exceptional opportunity to get your hands on a purpose-built block of 4 separately titled cavity brick units in a great cul de sac location. Returning $72,280 gross per annum the block sits on a leafy 675sqm site approximately 9klms from the CBD and minutes from the Airport, it's centrally positioned between the developing Nundah Village Precinct and Westfield Chermside and with public transport within walking distance, it's no wonder there's rarely a vacancy.

Built in the 1970's, so it's solid as a rock, the block has been extremely well maintained and comprises 4 x 2 bedroom, 1 bathroom units (one on ground level) each with its own single lock up garage and balcony or courtyard space. The Individual units are generous in size with the larger of the 4 being units 1 and 2 benefiting from separate lounge and dining areas along with an additional storage room. Each unit also benefits from a number unseen extra's such as upgraded plumbing and wiring along with the visible extra's like air conditioning, ceiling fans and security screens throughout, whilst the layout of each unit generally comprises:

2 built-in bedrooms.

Spacious kitchen with gas cooking.
Good sized bathrooms.
Combined lounge dining areas (units 3 & 4)
Separate lounge dining areas (units 1 & 2)
Individual balcony spaces.
Oversized lock up garages incorporating laundry facilities.
Air conditioning to the living and bedroom 1 of each unit.

Very well maintained, fully tenanted and strata titled, and with a current gross return of $72,260 per annum this property would make a fantastic addition to any property portfolio or super fund. Tenancy and outgoings information are available upon request.

Property History for 12 Julia St, Wavell Heights, QLD 4012

A timeline of how this property has performed in the market
  • 24 Aug 2022
    Listed for Sale Offers Over $1,400,000

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About Wavell Heights 4012

The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2011 was 9,434 people. By 2016 the population was 9,691 showing a population growth of 2.7% in the area during that time. The predominant age group in Wavell Heights is 40-49 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation. In 2011, 71.4% of the homes in Wavell Heights were owner-occupied compared with 70.6% in 2016.

Wavell Heights has 4,274 properties. Over the last 5 years, Houses in Wavell Heights have seen a 92.94% increase in median value, while Units have seen a 52.93% increase. As at 31 July 2024:

  • The median value for Houses in Wavell Heights is $1,341,981 while the median value for Units is $615,788.
  • Houses have a median rent of $700 while Units have a median rent of $530.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Wavell heights on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Wavell heights.

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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.