17 Cicada StreetWoorim QLD 4507
Property Details for 17 Cicada St, Woorim
17 Cicada St, Woorim is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 546m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
Calling all investors! You will be kicking yourself if you miss this one!
3 units on this generous 546m2 block just 1 street away from the stunning Woorim beach. Very rare Opportunity!
Ground floor unit 1 - 3 Bedroom, 1 Bathroom, 1 car, courtyard. - returning $340 Per week.
Second floor unit 2 - 2 Bedroom, 1 Bathroom, 1 car, Balcony - returning $285 Per week
Lease in place
Second floor unit 3 - 2 Bedroom, 1 Bathroom, 1 car, Balcony - returning $310 Per week
Lease in place
* Tidy brick two storey complex of 3 separate apartments
* Quality construction provides all tenancies with balconies
* Secure lock up car garaging for 2 apartments plus car port and off street parking
* Present rental of $935/week includes potential further 10% increase
* Currently supplies an annual income of $48,360/year
* Capital investment has contemporarily returns of 6%
* Substantial capital growth for the astute investor
* Quietly positioned low maintenance grounds permits minimalist outlay
Brilliant return on this one! Here's what you have been waiting for! Be quick!
For all inquiries give Troy Kelly a call on 0466 976 946
Property History for 17 Cicada St, Woorim, QLD 4507
- 09 Aug 2021Sold for $950,000
- 30 Jun 2021Listed for Sale $975,000
- 22 Oct 2020Listed for Rent $285 / week
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0About Woorim 4507
The size of Woorim is approximately 26.7 square kilometres. It has 10 parks covering nearly 108.3% of total area. The population of Woorim in 2011 was 1,765 people. By 2016 the population was 1,816 showing a population growth of 2.9% in the area during that time. The predominant age group in Woorim is 60-69 years. Households in Woorim are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woorim work in a professional occupation. In 2011, 56.3% of the homes in Woorim were owner-occupied compared with 59.1% in 2016.
Woorim has 1,566 properties. Over the last 5 years, Houses in Woorim have seen a 83.81% increase in median value, while Units have seen a 66.85% increase. As at 31 August 2024:
- The median value for Houses in Woorim is $944,771 while the median value for Units is $630,821.
- Houses have a median rent of $568 while Units have a median rent of $460.
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