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Location

Market Insights for Moorooka QLD 4105

New Listings (last 30 days)

Average price

$700,000

Lowest price

$650,000

Highest price

$750,000

5/71 Koala Road, Moorooka QLD 4105

$650,000 +

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$650k - $683k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 beds 1 bath 1 car 126 m²

Listed: 3 days ago

Updated: 15 hours ago

Overview

This top-floor cavity brick unit offers a spacious and comfortable living environment enhanced by an east-facing balcony that provides delightful views towards Clifton Hill and Toohey Forest. Its quiet, elevated location lends a serene atmosphere perfect for relaxed living.

The generously sized kitchen adjacent to the dining area encourages family meals and casual entertaining, while the large air-conditioned lounge offers a comfortable retreat. The two double bedrooms come with built-in wardrobes, allowing efficient use of space and storage. The bathroom's separate positioning from the toilet adds convenience in busy household scenarios.

Additional appeal comes from a huge tandem lock-up garage located downstairs, which not only provides secure parking but also incorporates laundry facilities and abundant storage options. Including a balcony and a shed, this unit is positioned directly opposite The Clubhouse and within easy walking distance to local shops, parks, and public transport—making it practical and well connected.

The property is currently tenanted, offering an immediate return and an attractive option for investors. Furthermore, reasonable body corporate fees and rates add to the manageable cost profile, supported by a healthy sinking fund ensuring future communal maintenance is well provided for.

Local Market Insights

In Moorooka, Quiet Listings observed 2 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $700,000. The property type mix of listed properties is predominantly Houses at 69%, followed by units (13%), and commercial properties (13%). The most active agency for units in the Moorooka area is currently Matthews Real Estate, representing 50% of new listings, followed by Place with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.