23 Praed Street Red Hill QLD 4059

4 / 3 / 1 / 774 m2

Here you can find what you need to know about 23 Praed Street , 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 Red Hill, QLD and much more.

Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059
Property photo of 23 Praed Street Red Hill QLD 4059

Property Insights

23 Praed Street Estimated Value

$966,000 - $1,280,000

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.
Medium confidence estimate
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Last sold for $1,100,000 on 13/03/2020

Sale Type: Normal Sale

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
Medium confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Low confidence
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

See how this property rates against different investment strategies. Learn more

Example Only
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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 4
Bathrooms 3
Car Spaces 1
Land Size 774 m2
Floor Area -
House Type House
Council Area Brisbane - Ithaca
Year Built n/a
Zone RESIDENTIAL A
Lot/Plan 2/RP49865 Red Hill QLD
Property Type House

Last listing description (April 2020)

Call to Arrange a Private Inspection of this Property
Queenslander on 774m2 in Prime Red Hill

Available for the first time in 36 years, this beautifully presented family home is waiting for its next chapter. Ideal for buyers looking to move in and enjoy the property whilst planning for future renovations all underpinned by 774m2 of North facing real estate. Praed Street is conveniently located in the ever popular Kelvin Grove State and High School catchment and only 4 kilometres from the CBD.

The home itself offers charm and practicality with VJ panelling, high ceilings and breezeways along with original timber flooring and wrap around balcony that overlooks the backyard.
The home itself features:

Upper level
- Separate living and dining area all with high ceilings and VJ feature walls.
- Kitchen with electric cooktop and ample storage with big servery window opening out to the balcony.
- Kitchen overlooking the balcony.
- Three generously sized bedrooms upstairs all with built-in robes and ceiling fans.
- One bedroom with an ensuite.
- Separate bathroom with toilet
- Equipped with a recently installed air-conditioning unit capable of cooling the whole upstairs level.
- Wrap around balcony ideal for entertaining.
Lower level
- Additional rumpus area ideal for media room or kids play space.
- Study area and utility space. (Under legal height)
- Bathroom and walk-in robe downstairs.
- Master bedroom with a recently installed air-conditioning unit.
- Separate laundry with external access door.
- Storage room.
- Big undercover patio area ideal for children's play area.
Allotment
- Fully fenced and landscaped.
- 774m2 of prime inner city land facing north.
- Side access.

With friendly neighbours and access to excellent amenities, the home's benefits don't stop when you leave the front door! Access to buses and major roads ensures you'll never have trouble getting into the city or all around Brisbane. The Ashgrove and Newmarket shops are just a short drive away, giving you access to food shopping and great restaurants. There are plenty of cafes within walking distance, along with great dog-walking tracks, parks and bikeways along Ithaca, Enoggera and Breakfast Creeks. School and University needs are provided for at Kelvin Grove State College, QUT, Marist College and Mt St Michaels College being just a short bus trip or car ride away along with the Royal Brisbane Hospital.
This is a prime opportunity for buyers to purchase a well-appointed and positioned Queenslander with the ability to live in for many years to come and/or renovated into a multi-million dollar property all underpinned by a 774m2 land holding all within close proximity to the CBD. For further details please contact Matthew Jabs on 0422 294 272.

In the interests of keeping our vendors and staff safe, if you are feeling unwell, experiencing any cold or flu-like symptoms or have recently returned from abroad, we ask that you do not enter this property.

Please contact the sales agent directly via phone or email to organise a way for you to view our properties without coming on site.

It's important if you are symptomatic or do not feel well that you maintain respect for our vendors and do not go on site.

We thank you for your cooperation.

For all visiting persons, remember no handshaking or contact and please avoid touching any surfaces in the property.

Property Timeline

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Latest Auction Results for Red Hill as at 05 July 2020

Property Details
Sale Price
3Bed / 2Bath / -Car / House
-

State Auction Clearance Rates - July 2020

Auctions Clearance rate
QLD 92 34%
ACT 38 82%
NSW 442 65%
NT 3 33%
SA 25 75%
TAS 1 0%
VIC 362 64%
WA 10 30%

Suburb Insights

Red Hill, QLD 4059

No data available Part of: Brisbane Council

Get neighbourhood info and insights with our Suburb Profile

View Red Hill Suburb Profile View properties in Red Hill

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 23 Praed Street, including the property sale history and estimated market value as well as insights into Praed Street and Red Hill 23 Praed Street Red Hill QLD 4059