Back 24 Diamond St
Off Market

24 Diamond St

Slacks Creek QLD 4127

5
2
2
688 m²
House
Last sold for $925,000
Jas SinghJas Singh, last sold this property on 02 July 2025 after 27 days on market.

Overview

Dual-Income Investment Opportunity - Corner Block, $930/week Return!

Auction In-Rooms 2/07 @ 5:30PM Auction will be held at RayWhite Springwood (24/34 Fitzgerald Ave, Springwood) Register to bid here- https://auctionslive.com/app/bidder-registration/KmEko Secure immediate cash flow and long-term capital growth with this high-performing investment on a prime, flood-free corner block, directly overlooking a spacious park-perfect for families and active lifestyles. Comprising a main house and a contemporary granny flat, this property generates an impressive combined rental income of $930 per week. The main house features three generous bedrooms, a centrally located bathroom, a separate toilet, and an open-plan kitchen seamlessly connected to a comfortable living area, creating a practical and appealing environment ideal for attracting and retaining quality tenants. Enhancing the property's appeal is the self-contained granny flat, just 8 years old, boasting two bedrooms with built-in wardrobes, a modern bathroom, and a spacious open-plan living area. Both properties are thoughtfully separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management. Brick foundation for minimal maintenance and positioned in a highly desirable location, this dual-income investment offers not just immediate financial returns but significant potential for future capital appreciation. Secure, low-risk, and high-yield opportunities of this caliber rarely remain on the market for long. Key Details: • Main House: 3 bed, 1 bath, double garage - rented at $510/week • Granny Flat: 2 bed, 1 bath, self-contained - rented at $420/week • Gross annual return: $48,360 p.a. • Flood-free location ensuring tenant security and insurance benefits • Directly overlooks a spacious park, ideal for kids to play and families to enjoy. • Both properties are separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management. • Potential to further enhance rental yield Main House Features: • Open-plan kitchen, living, and dining • Three generous bedrooms • Outdoor entertaining space • Double garage and ample storage Granny Flat Features: • Modern, open-plan design • Two bedrooms with built-ins • Fully self-contained with separate access Location: Walking distance to Parks 4 minutes to Mabel Park State School 7 minutes to Springwood Mall 10 minutes to John Paul College 8 minutes to Meadowbrook Golf Club 9 minutes to IKEA 13 minutes to Logan Hospital 25 minutes to Brisbane CBD 40 minutes to GoldCoast

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
688 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Slacks Creek over the last 12 months, the estimated median property value of 24 Diamond St is $1m.

Median value
$1m
Estimated value range
$868k - $1.27m
Median days on market
22
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Slacks Creek. 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 24 Diamond St

2025
Sold
$925,000
02 Jul 2025 by Jas Singh, of Ray White Springwood
2023
Rented
Undisclosed
Leased on 11 Sep 2023 by Joy Realty
2016
Sold
Undisclosed
21 Nov 2016 by Lorie Gonzalez, of Red Rocket Realty

Happy sellers in Slacks Creek

96%
96% of sellers in Slacks Creek reported that their sale price either exceeded or met their price expectations.

Slacks Creek stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Slacks Creek over the last 12 months.

Local market activity for 5 bedroom houses in Slacks Creek

In the last 12 months, 8 five-bedroom houses similar to 24 Diamond St, have been sold.

This represents a 100% decrease in five-bedroom houses sales when compared to the previous 12 months.

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