SOLD
Sold on 22 Jan 2024 for $847,500

1/11 Fallon Court
Worongary QLD 4213

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 229m2
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Property Details for 1/11 Fallon Ct, Worongary

1/11 Fallon Ct, Worongary is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 229m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Worongary in the last 12 months.

Building Type
House
Year Built
1994
Floor Size
147m2
Land Size
229m2
Local Government
Gold Coast City
Lot/Plan
1/SP236465

Last Listing description (April 2015)

UNIQUE OPPORTUNITY 2 RESIDENTIAL HOMES FOR THE PRICE OF ONE!
This is a once in a lifetime chance to buy a genuine dual living property in a quiet cul-de-sac in residential Worongary. The two homes are situated on a spacious 1,120sqm block and are currently rented for $730 per week, with the potential to achieve even greater returns in the future.
There are so many options!

An astute investor may simply buy them as is and continue renting them out to the excellent, current, long term tenants.
You may wish to live in the front, 4 bedroom home and rent out the rear, 2 bedroom home and use the money to help pay the mortgage.
You may have family members wanting to live in both homes 2 generations of the one family perhaps.
You also have the option to make good money by buying them both for the current reduced price and then sell them off separately. They are already strata titled and only need to have electricity and water separately metered (ask agent for information on costs).
FRONT HOME: UPSTAIRS
4 bedrooms, master with ensuite
Main bathroom with separate toilet
Spacious open plan living area with stunning outlook to the green of Worongary
Large country kitchen with plenty of storage & granite bench tops
Great deck for entertaining also with lovely views
Currently rented to long term tenant for $430 per week (potential for $450)
FRONT HOME: DOWNSTAIRS
Tandem garage with roller door
Awesome downstairs area (currently art studio)
Fantastic opportunity for someone needing a shed or workshop (work from home)
Fully fenced courtyard, ideal for a small pet or young kids to play safely
Plenty of room to park vehicles off the street
REAR HOME:
2 great sized bedrooms with ceiling fans & built ins
Modern bathroom
Kitchen with granite bench tops, gas oven, dishwasher, large pantry
Huge open plan, tiled living and dining area small patio
Fenced courtyard ideal for small pet
Double carport
Large backyard
Currently rented for $300 per week (potential for $340)

Property History for 1/11 Fallon Ct, Worongary, QLD 4213

A timeline of how this property has performed in the market
Last Sold
$847,500
22 Jan 2024
  • 22 Jan 2024
    Sold for $847,500
  • 17 Sep 2019
    Sold for $565,000
  • 21 Apr 2015
    Listed for Sale $599,000 +

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About Worongary 4213

The size of Worongary is approximately 14.1 square kilometres. It has 17 parks covering nearly 9% of total area. The population of Worongary in 2011 was 5,573 people. By 2016 the population was 5,630 showing a population growth of 1.0% in the area during that time. The predominant age group in Worongary is 50-59 years. Households in Worongary are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Worongary work in a trades occupation. In 2011, 82.2% of the homes in Worongary were owner-occupied compared with 83.1% in 2016.

Worongary has 2,129 properties. Over the last 5 years, Houses in Worongary have seen a 105.72% increase in median value, while Units have seen a 77.53% increase. As at 30 September 2024:

  • The median value for Houses in Worongary is $1,238,855 while the median value for Units is $676,281.
  • Houses have a median rent of $975.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Worongary on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Worongary.

Suburb Insights for Worongary 4213

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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.