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Sold on 17 Jul 2024 - Price Unavailable

61/63 Tingal Road
Wynnum QLD 4178

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2021m2
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Property Details for 61/63 Tingal Rd, Wynnum

Building Type
Land
Land Size
2021m2
Local Government
Brisbane

Last Listing description (August 2024)

Total site area of 2,021m*
4 existing titles
Located 14km* east of the Brisbane CBD on the edge of Moreton Bay

Various opportunities - utilising current buildings as investor or occupy, valueadd and reset or ultimately redevelop the site
Total holding income of $118,036p.a.*
Predominately zoned LMR2 Low-medium density residential (2 or 3 storey mix)
Includes:
- 2 level commercial brick building
- Timber cottage currently used as commercial
- Vacant land
Walk to train station, stunning Wynnum foreshore, Woolworths and Coles, refurbished Waterloo Bay Hotel, Bayside Cinemas
Wynnum has seen significant development over the past 5 years leading to an existing revitalisation of the core trade area

For further information, please contact the Ray White Special Projects Qld Marketing Agents.

*approximately

Property History for 61/63 Tingal Rd, Wynnum, QLD 4178

A timeline of how this property has performed in the market
Last Sold
17 Jul 2024
  • 17 Jul 2024
    Sold
  • 07 May 2024
    Listed for Sale EOI closing 5 June 2024 4pm

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About Wynnum 4178

The size of Wynnum is approximately 6.1 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Wynnum in 2011 was 12,229 people. By 2016 the population was 12,924 showing a population growth of 5.7% in the area during that time. The predominant age group in Wynnum is 40-49 years. Households in Wynnum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum work in a professional occupation. In 2011, 60.2% of the homes in Wynnum were owner-occupied compared with 60.9% in 2016.

Wynnum has 7,223 properties. Over the last 5 years, Houses in Wynnum have seen a 87.30% increase in median value, while Units have seen a 54.72% increase. As at 31 July 2024:

  • The median value for Houses in Wynnum is $1,195,423 while the median value for Units is $697,122.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 51 properties listed for sale, and 40 properties listed for rent in Wynnum on OnTheHouse. According to CoreLogic's data, 315 properties were sold in the past 12 months in Wynnum.

Suburb Insights for Wynnum 4178

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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.