OFF MARKET

2 Hermes Way
Wulkuraka QLD 4305

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 266m2
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Property Details for 2 Hermes Way, Wulkuraka

2 Hermes Way, Wulkuraka is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 266m2.

Building Type
House
Year Built
2013
Land Size
266m2
Local Government
Ipswich
Lot/Plan
1/SP260050

Last Listing description (October 2015)

Just sit back and collect the $234p/w rent & tax-free government incentive of $10,600p/year because there is nothing to do here.

In one of the most convenient pockets of Wulkuraka, close to all amenities, this prize investment home is well worth your inspection. From this property, it's only a short walk to Wulkuraka and loads of other amenities nearby such as renowned schools, parks, Brassall Shopping Centres and much more.


This accommodation is quite spacious and is made up of two decent-sized bedrooms with built -in wardrobes and two bathrooms (inclusive of the master ensuite). This is the ideal spot for first homebuyers, busy young families, and renters.

This property is less than two years old and there is eight years and ten months left to receive the NRAS government incentive which is close to $90,000. On top of the added government incentives, NRAS provides guaranteed rental income.

This investment property ticks all the boxes for high yield and capital gain. This home is a part of a duplex with both properties being individual titled.

The other duplex, 2/2 Hermes Street, Wulkuraka is also available for sale at Offers Over $275,000.



Two large bedrooms with built-in wardrobes
Master with en- suite and walk in wardrobe
Land size of 400 m (approx.)
Council Rates: $305/qtr.
Rental Income: $234p/w
NRAS tax free government incentive: $10,600p/year

Property History for 2 Hermes Way, Wulkuraka, QLD 4305

A timeline of how this property has performed in the market
  • 12 Jun 2015
    Listed for Sale Offers Over $275,000

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About Wulkuraka 4305

The size of Wulkuraka is approximately 3.6 square kilometres. It has 8 parks covering nearly 11.8% of total area. The population of Wulkuraka in 2011 was 854 people. By 2016 the population was 1,223 showing a population growth of 43.2% in the area during that time. The predominant age group in Wulkuraka is 0-9 years. Households in Wulkuraka are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wulkuraka work in a trades occupation. In 2011, 50.7% of the homes in Wulkuraka were owner-occupied compared with 43.9% in 2016.

Wulkuraka has 621 properties. Over the last 5 years, Houses in Wulkuraka have seen a 107.70% increase in median value, while Units have seen a 88.14% increase. As at 30 November 2024:

  • The median value for Houses in Wulkuraka is $646,290 while the median value for Units is $578,888.
  • Houses have a median rent of $495 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Wulkuraka on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Wulkuraka.

Suburb Insights for Wulkuraka 4305

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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.