OFF MARKET

1/41 Norman Street
Wooloowin QLD 4030

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 52m2
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Last updated 18 Nov 2024
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Property Details for 1/41 Norman St, Wooloowin

1/41 Norman St, Wooloowin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1975
Floor Size
52m2
Land Size
52m2
Local Government
Brisbane
Lot/Plan
1/BUP11901

Last Listing description (November 2022)

This unit has a great price tag for it's location and size. It would be ideal for the first-time home buyer looking to get onto the property ladder or for the wise investor.

The property is currently attracting a 4.8% return on investment but has since been renovated with new flooring and a fresh coat of paint, so has the potential to get more rent, making it an even better return on investment. With a current tenant in place till December, this could be the investment for you.

Set in a great location, close to shops, and in between Wooloowin train station and the Kedron Busway, you are spoilt for choice. You will not be disappointed by the easy access to Kedron Brook pathways and bike paths. The proximity to Lutwyche Central and Chermside as well as quick access to the M1 up to the Sunshine Coast or down to the Gold Coast, making the position ideal for those coastal getaways.

This Unit offers the following:-

- 2 bedrooms- the main large, second can be used as a bedroom/ study or as a dressing room.
- Tidy kitchen with Air conditioning
- Lounge/Dining is open plan with the kitchen
- 1 bathroom with shower over bath
- Communal laundry and is separate from the unit, plus washing lines
- 1 carport

At this price this property will not last long. Viewings are by appointment only.

COVID rules apply to this property QR sign in's required please carry a mask or you may be refused entry.

Property History for 1/41 Norman St, Wooloowin, QLD 4030

A timeline of how this property has performed in the market
Last Sold
$275,000
08 Jul 2021
Listed for Rent
$365/w
30 Aug 2022
  • 08 Jul 2021
    Sold for $275,000
  • 06 Nov 2020
    Listed for Rent $265 / week
  • 30 Mar 2020
    Listed for Rent $220 / week
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About Wooloowin 4030

The size of Wooloowin is approximately 1.1 square kilometres. It has 1 park. The population of Wooloowin in 2011 was 5,941 people. By 2016 the population was 3,938 showing a population decline of 33.7% in the area during that time. The predominant age group in Wooloowin is 20-29 years. Households in Wooloowin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wooloowin work in a professional occupation. In 2011, 56% of the homes in Wooloowin were owner-occupied compared with 46.1% in 2016.

Wooloowin has 2,147 properties. Over the last 5 years, Houses in Wooloowin have seen a 82.81% increase in median value, while Units have seen a 71.79% increase. As at 31 October 2024:

  • The median value for Houses in Wooloowin is $1,576,701 while the median value for Units is $650,095.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 11 properties listed for rent in Wooloowin on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Wooloowin.

Suburb Insights for Wooloowin 4030

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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.