OFF MARKET

40 Rodney Street
Wynnum West QLD 4178

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 146m2
Land area: 607m2
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Property Details for 40 Rodney St, Wynnum West

40 Rodney St, Wynnum West is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
1960
Floor Size
146m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
75/RP33284

Last Listing description (June 2020)

YES... That's right! This property is a unique opportunity that offers 2 x units on one title. It offers incredible returns and plenty of future potential. With picturesque Gateway Bridge views, an elevated location, only a 3 minute walking distance to the city train this a great rare find. With 2 registered flats on a generous 607m2 block in a prime sought after area, it would be hard to go wrong:

Each unit offers 2 good sized bedrooms

Solar panels installed to roof
Ample under house storage
Separate garden / outdoor areas
Within the Iona College catchment area
A short drive to Wynnum Plaza
Only minutes to the Foreshore
10 minutes to the Port of Brisbane
15 minutes to Brisbane Airport

With endless options are available, you could live in one and keep the other tenanted at its current $325 per week. Rent out both and watch your investment grow. Or make your own improvements and maximise on the potential future capital growth. Now is the time, so why not pick up the phone and give Christine a call today!

Property History for 40 Rodney St, Wynnum West, QLD 4178

A timeline of how this property has performed in the market
Last Sold
$515,000
27 Apr 2020
  • 27 Apr 2020
    Sold for $515,000
  • 06 Apr 2020
    Listed for Sale $539,000
  • 03 Jul 2019
    Listed for Sale $539,000
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About Wynnum West 4178

The size of Wynnum West is approximately 5.8 square kilometres. It has 33 parks covering nearly 10.6% of total area. The population of Wynnum West in 2011 was 11,745 people. By 2016 the population was 12,309 showing a population growth of 4.8% in the area during that time. The predominant age group in Wynnum West is 40-49 years. Households in Wynnum West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum West work in a professional occupation. In 2011, 62.4% of the homes in Wynnum West were owner-occupied compared with 60.6% in 2016.

Wynnum West has 5,468 properties. Over the last 5 years, Houses in Wynnum West have seen a 79.09% increase in median value, while Units have seen a 100.46% increase. As at 31 October 2024:

  • The median value for Houses in Wynnum West is $978,516 while the median value for Units is $673,134.
  • Houses have a median rent of $680 while Units have a median rent of $570.
There are currently 30 properties listed for sale, and 13 properties listed for rent in Wynnum west on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Wynnum west.

Suburb Insights for Wynnum West 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.