2/112 School Rd, Yeronga is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 107m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Double brick, spacious and well presented, this unit features a wonderful opportunity for a buyer looking to add their own touches to a property much larger than most in this market.
With original kitchen and bathroom, both functioning well, the property would be perfect for those wanting to add value.
Features include
A short walk to the newly upgraded Yeronga Train Station, the property is ideally located for those wanting to leave the car at home, shops and convenience stores a stroll away, Yeronga Train station giving access via the new cross river rail straight into the CBD, a myriad of cafes and parks within close proximity and only a stones throw from the CBD and Southbank.
Low body corporate fees ($760 pq), sinking fund (over $57,000) strong rental returns expecting $450-$550 depending on potential renovations, vacant and ready for someone to move in.
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 3,654 properties. Over the last 5 years, Houses in Yeronga have seen a 30.91% increase in median value, while Units have seen a 83.77% increase. As at 31 October 2024:
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