SOLD
Sold on 07 Oct 2024 for $861,000

7 Marl Crescent
Yarrabilba QLD 4207

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 103m2
Land area: 480m2
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Property Details for 7 Marl Cres, Yarrabilba

7 Marl Cres, Yarrabilba is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 480m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Yarrabilba in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
103m2
Land Size
480m2
Local Government
Logan City
Lot/Plan
104/SP296373

Last Listing description (November 2024)

This investment opportunity at , Yarrabilba, is ideal for both new and seasoned investors. The 4-year-old, low-maintenance, dual-occupancy property offers two semi-detached units, providing a combined rental income of 900$ per week, with potential to increase to 980$ per week due to rising rental demand. Situated on a fully fenced 480 sqm block, it's designed for hassle-free management.

With long-term tenants already in place?Unit 1 (3-bedroom) rented until 31/10/2024 at $480 per week and FROM 31/10/2024 the rent goes to $500 per week
Unit 2 (2-bedroom) rented until 27/06/2025 at $400per week?it provides an instant, stable income stream.

Features of Unit 1 (3-bedroom):
Three spacious bedrooms with mirrored built-in robes and ceiling fans.
Main bedroom includes an ensuite and walk-in robe.
Open plan kitchen and dining area with quality stainless steel appliances.
Split system air conditioner in the main living area.
Electric single lock-up garage and separate laundry.
Covered entertainment area and fully fenced yard.

Features of Unit 2 (2-bedroom):
Two spacious bedrooms with mirrored built-in robes and ceiling fans.
Open plan kitchen and dining area with stainless steel appliances.
Split system air conditioner in the main living area.
Electric single lock-up garage and separate laundry.
Covered entertainment area and fully fenced yard.

Location Highlights:
Close to Coles, McDonald's, pharmacies, restaurants, schools, parks, cafes, child care providers, and gyms.
Just 45 minutes from Brisbane and 40 minutes from the Gold Coast beaches.
If you're interested, contact Niket Kalra to arrange an inspection to ensure you don?t miss this incredible opportunity.

Disclaimer:
While we have made every effort to ensure that the information provided in this listing is accurate and up-to-date, we accept no responsibility for any errors, inaccuracies, or omissions. The details herein are for general information purposes only and should not be relied upon as a definitive guide. Prospective purchasers are strongly advised to conduct their own inquiries and verification of all information before making any decisions.

Property History for 7 Marl Cres, Yarrabilba, QLD 4207

A timeline of how this property has performed in the market
Last Sold
$861,000
07 Oct 2024
  • 07 Oct 2024
    Sold for $861,000
  • 03 Oct 2024
    Listed for Sale DUAL INCOME INVESTMENT OPPORTUNITY !!!
  • 17 Jun 2024
    Listed for Rent $400 / week
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About Yarrabilba 4207

The size of Yarrabilba is approximately 13.4 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Yarrabilba in 2011 was 832 people. By 2016 the population was 3,588 showing a population growth of 331.2% in the area during that time. The predominant age group in Yarrabilba is 20-29 years. Households in Yarrabilba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarrabilba work in a trades occupation. In 2011, 82.9% of the homes in Yarrabilba were owner-occupied compared with 45% in 2016.

Yarrabilba has 6,278 properties. Over the last 5 years, Houses in Yarrabilba have seen a 86.78% increase in median value, while Units have seen a 140.34% increase. As at 30 November 2024:

  • The median value for Houses in Yarrabilba is $712,862 while the median value for Units is $676,925.
  • Houses have a median rent of $575 while Units have a median rent of $500.
There are currently 63 properties listed for sale, and 46 properties listed for rent in Yarrabilba on OnTheHouse. According to CoreLogic's data, 585 properties were sold in the past 12 months in Yarrabilba.

Suburb Insights for Yarrabilba 4207

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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.