19 Park RoadYeronga QLD 4104
Property Details for 19 Park Rd, Yeronga
19 Park Rd, Yeronga is a 4 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom BlockOfUnits sold in Yeronga in the last 12 months.
Last Listing description (August 2024)
Discover a rare opportunity in the heart of Yeronga. This appealing block of units offers lucrative investment potential at a sought-after address. If you're looking to expand your investment portfolio, 19 Park Road Yeronga comprising a single dwelling of 3 flats on one lot, current gross income of $72,800 per annum (with no body corporate fees), and the opportunity to live in one unit while renting out the two others.
Step into a world of opportunity with this property. Nestled in the vibrant community of Yeronga, just 4.5km from Brisbane, the location is second to none, with easy access to schools, parks, universities (via the Eleanor Schonell Green Bridge), motorways, cafes, shopping and restaurants.
The property comprises a two-bedroom apartment on the upper level complimented by two one-bedroom flats, and lock up car accommodation for three cars. The apartments have been renovated with streamlined central kitchens, timber flooring underfoot and spacious air-conditioned, open-plan living zones.
Set on 688 sqm and zoned LMR2, this property has a history of strong rental performance with the opportunity to elevate modernise or develop further.
With promising potential rental income, 19 Park Road is a property where you can make the most of your investment. This unique block of 3 flats beckons those who recognise the allure of real estate investment. 19 Park Road holds the promise of a prosperous tomorrow.
Property History for 19 Park Rd, Yeronga, QLD 4104
- 08 Aug 2024Sold for $1,230,000
- 10 Aug 2023Listed for Sale Offers Over $1,295,000
- 05 Jun 2018Listed for Rent $275 / week
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About Yeronga 4104
The size of Yeronga is approximately 3.5 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Yeronga in 2011 was 5,540 people. By 2016 the population was 6,537 showing a population growth of 18.0% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation. In 2011, 55.9% of the homes in Yeronga were owner-occupied compared with 53.3% in 2016.
Yeronga has 3,680 properties. Over the last 5 years, Houses in Yeronga have seen a 55.43% increase in median value, while Units have seen a 76.33% increase. As at 30 November 2024:
- The median value for Houses in Yeronga is $1,450,490 while the median value for Units is $759,298.
- Houses have a median rent of $620 while Units have a median rent of $570.
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