Back 11/1 Ray Street
Off Market

11/1 Ray Street

Yorkeys Knob QLD 4878

2
1
1
75 m²
Unit
Last sold for $250,000
Scott MuirScott Muir, last sold this property on 08 March 2022 after 42 days on market.

Overview

ATTENTION INVESTORS OR FIRST HOME BUYERS

This beauty is located within the Pacific Paradise Apartments complex. This first-floor dwelling has an open plan living & dining area, adjacent to a leafy balcony, there are two bedrooms and one bathroom. This apartment overlooks the well-maintained tropical gardens, and all of this is just a short stroll to the Yorkeys Knob foreshore park, beach, and conveniences. This apartment is tenanted with a lease in place until August 2022 and is currently returning $300pw. Combined with the affordable BC levies of $4,450pa, this does make an attractive purchase for the savvy investor. Property Features: Spacious open plan living and dining. Two good size bedrooms both BIRs. Swimming pool area set in tropical gardens. Undercover parking. Affordable Body Corp.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
75 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Yorkeys Knob over the last 12 months, the estimated median property value of 11/1 Ray Street is $470k.

Median value
$470k
Estimated value range
$360k - $610k
Median days on market
45
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Yorkeys Knob. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/1 Ray Street

2022
Sold
$250,000
08 Mar 2022 by Scott Muir, of LJ Hooker Cairns Beaches
2018
Rented
Undisclosed
Leased on 11 Mar 2018 by LJ Hooker Cairns Beaches
2014
Sold
Undisclosed
Private Sale/Treaty on 02 May 2014

Happy sellers in Yorkeys Knob

87%
87% of sellers in Yorkeys Knob reported that their sale price either exceeded or met their price expectations.

Yorkeys Knob stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Yorkeys Knob over the last 12 months.

Local market activity for 2 bedroom units in Yorkeys Knob

In the last 12 months, 22 two-bedroom units similar to 11/1 Ray Street, have been sold.

This represents a 23% decrease in two-bedroom units sales when compared to the previous 12 months.

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