16 William Parade Fairfield QLD 4103

5 / 5 / 2 / 607 m2

Here you can find what you need to know about 16 William Parade , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Fairfield, QLD and much more.

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Property Insights

16 William Parade Estimated Value

$859,000 - $969,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $160,000 on 09/12/1992

Sale Type: Normal Sale

Mortgage
Repayment
$712 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
Estimate Unavailable
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Unavailable
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 5
Bathrooms 5
Car Spaces 2
Land Size 607 m2
Floor Area 330 m2
House Type House: One Storey / Lowset
Council Area Brisbane - Stephens
Year Built 1955
Zone RESIDENTIAL A
Lot/Plan 115/RP42362 Fairfield QLD
Property Type House

Last listing description (June 2020)

Positioned Across From The Park - Moments From Brisbane Corso
Located moments from Brisbane Corso Reserve park and positioned opposite Leyshon Park this contemporary home has been designed to allow ample space with an emphasis on size. Large families and astute investors will appreciate the multi-level, dual-living design providing 5 bedrooms 4 of which have an ensuite.

A modern facade creates the home’s street appeal and is set back from the road providing a large front yard with plenty of room for carports, gardens and fencing. Inside the home, which was raised and modernised in 2011 you are greeted with a large living area which flows through to three genuine bedrooms with built in robes, large laundry with external entry, carpeted and tiled floors throughout and under stair storage. The walls have recently been freshly painted and carpets steamed cleaned. A split system air-conditioner services the lower level.

A grand black marble staircase in the centrepiece of this bespoke property greeting the owner at the front door and providing a luxurious first impression. Upstairs the high ceilings and plentiful windows that overlook the parklands provide and abundance of natural light throughout the home. A large living area is positioned off a formal dining which wraps back to a large chef’s kitchen with storage, substantial bench space and yet another view looking over the park. The upper level also contains two large bedrooms with ensuites, split system air conditioning and separate toilet.
Sitting on a generous 607m block off Brisbane Corso is 1km from Fairfield Gardens, moments from sporting fields, sought after schools and transport.

Located within 5km to the CBD, close to trains, buses, shops and restaurants this is convenient living at its best. Only a bike ride to the Green Bridge connecting you to the University of Queensland; Major Hospitals, Major Universities, Prestige Private Schools, QLD Tennis Centre, the recently updated Fairfield Gardens Shopping Centre, coffee shops and restaurants, this property is ready for someone to make their next home or investment.

Standout Features of 16 William Parade:
- 5 large bedrooms
- 2 living areas
- 5 bathrooms
- 607m block
- Moments from Fairfield Gardens Shopping Centre
- Brisbane Corso running and bike tracks
- Overlooking Parkland
- 4 split system air-conditioners
- Modernised 9 years ago
- Rental appraisal - $800 single lease
- $1100 if leased out per room
- Dual living

Property Timeline

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State Auction Clearance Rates - July 2020

Auctions Clearance rate
QLD 82 48%
ACT 31 65%
NSW 324 62%
NT 2 100%
SA 29 66%
TAS 1 0%
VIC 275 65%
WA 9 33%

Suburb Insights

Fairfield, QLD 4103

No data available Part of: Brisbane Council

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 16 William Parade, including the property sale history and estimated market value as well as insights into William Parade and Fairfield 16 William Parade Fairfield QLD 4103