Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Tingalpa
This residential property in Tingalpa is a highset house featuring three bedrooms, two bathrooms, and two parking spaces, situated on a 460 square meter land parcel. Purchased in February 2023 for $875,000, this investment property was acquired below market price, reflecting a strategic opportunity for capital growth.
The property is a rare double-storey corner block house located in a quiet neighborhood, offering privacy and a peaceful living environment. The house has been renovated and is constructed with solid brick, ensuring durability and low maintenance. It is conveniently close to recreational parks and playgrounds, making it an ideal location for families and outdoor activities.
Located approximately 11 kilometers from Brisbane's Central Business District, the property provides easy access to the city while maintaining a suburban lifestyle. The rental income is impressive, with a weekly rental of $765 as of May 2024, resulting in a gross rental yield exceeding 4.55%. The current estimated valuation has appreciated to the high $900,000 range, indicating strong capital growth potential.
The client who purchased this property is a returning investor, having engaged buyer agent services for multiple investment properties. The focus was on securing an asset with high capital growth prospects, and this property met those criteria effectively.
Overall, this Tingalpa property represents a solid investment opportunity combining a well-maintained home, attractive rental returns, and proximity to essential amenities and Brisbane's CBD.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Tingalpa QLD 4173
Market Insights for Tingalpa QLD 4173
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
