Back 85 Cottontree Drive
Off Market

85 Cottontree Drive

Narangba QLD 4504

4
2
2
0 m²
693 m²
House
Last sold for $735,000
Jack AllwoodJack Allwood, last sold this property on 28 September 2023 after 271 days on market.

Overview

Beautiful Family Home in a Great Location!

This beautiful 4 Bedroom, 2 Bathroom, 1 multipurpose room, 1 dining room and 2 car garage situated on a 693 sqm block of land. With high ceilings and open plan living built with extra large bedrooms this is the ultimate family home. Room for some renovation and bones to create you dream home. This property will not be on the market long. With a great piece of land and a floor plan to dream of in the heart of Narangba. Located close to schools, shops, daycare centres, parks, bike paths, public transport and everything you need to fit into an amazing community. Within a short distance to the Narangba train station and local public transport to assist with commute to work or great family adventures and only a short distance to all highway entries complete the location like a hidden gem. Property Features: - High ceilings - Open plan kitchen - New solar system - Extra large bedrooms - Inbuilt wardrobes in all rooms - Extra large open floor plan - NBN ready. - Security system. - Ducted Ac through out - Large 2 car garage. - Foxtel. Suburb review from the Real Estate Investor: Narangba is a suburb in the Moreton Bay Region of Queensland. Narangba has a population of 18,576 people and 22.46% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 27.73% over the past year and changed 43.14% over 2 years.  The median rent in Narangba for houses is $500 per week and the median rental yield is 3.71%. Stock on the market for houses/townhouses has changed 36.54% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Narangba is NA per week, producing a rental yield of NA. Investor Opportunity: Capital growth - 27.73 % Rent per week est -  $600 - $650 pw Vacancy rate - 0.65 % Est yield - 4.66% Contact Jack Allwood for more information jack@projectpropertysales.com.au 0410 302 343

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
693 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Narangba over the last 12 months, the estimated median property value of 85 Cottontree Drive is $990.33k.

Median value
$990.33k
Estimated value range
$725k - $2.55m
Median days on market
35
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Narangba. 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 85 Cottontree Drive

2023
Sold
$735,000
28 Sep 2023 by Jack Allwood, of Project Property Sales
2023
Sold
$725,000
Private Sale/Treaty on 28 Sep 2023 by Jack Allwood, of Allwood Property Group

Happy sellers in Narangba

89%
89% of sellers in Narangba reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 79 reviews in Narangba over the last 12 months.

Local market activity for 4 bedroom houses in Narangba

In the last 12 months, 259 four-bedroom houses similar to 85 Cottontree Drive, have been sold.

This represents a 14% increase in four-bedroom houses sales when compared to the previous 12 months.

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