5 Possum Parade North Lakes QLD 4509

4 / 2 / 2 / 450 m2

Here you can find what you need to know about 5 Possum 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 North Lakes, QLD and much more.

Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509
Property photo of 5 Possum Parade North Lakes QLD 4509

Property Insights

5 Possum Parade Estimated Value

$492,000 - $544,000

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 $523,000 on 16/04/2020

Sale Type: Normal Sale

Mortgage
Repayment
$405 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
High confidence
Gross
Cashflow
Estimated
Gross Yield
High 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

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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 2
Car Spaces 2
Land Size 450 m2
Floor Area -
House Type House
Council Area Moreton Bay Regional - Pine Rivers
Year Built 2006
Zone SPECIAL DEVELOPMENT - NORTH LAKES LOCALITY(PR)
Lot/Plan 162/SP193923 North Lakes QLD
Property Type House

Last listing description (May 2020)

TO ORGANISE AN INSPECTION PLEASE CALL MATT ON 0402 346 730
NORTH LAKES STUNNER, 4 BEDROOMS, 2 LIVING AREAS AND SPACE FOR A POOL

When it comes to location is doesnt get much better. Perfectly positioned in a quiet tranquil pocket within the heart of North Lakes this stunning family home is only a 3min drive to Bounty Boulevard State School, 7 min to Costco and 10 min to Westfield. It is also only a 1 min walk to the local park. All that is needed to make this house a home is you.

This quality home was built in 2006 and was constructed with family living in mind. Its spacious design and practical layout make it the ideal place for everybody to be able to spread out and enjoy everything it has to offer.

Once inside the quality becomes evident. High ceilings allow plenty of natural light to flow through this home as well as giving that extra feeling of space. Another fantastic feature and a real life saver in the QLD summer months is the addition of a ducted air-conditioning system.

When walking through the front door you will notice the fresh paint throughout the home and be invited into the first versatile living area. This area is spacious, and light filled, plus it features brand new carpets. Moving down the hallway and across the gloss white tiles brings you into the main hub of the home. Here you will find a quality kitchen which even includes a built-in wine rack to stylishly store those treasured bottles for that special occasion. This area gives space for not only the main living and dining rooms but also an area just perfect for a study nook.

The sleeping quarters in this home have also been updated with brand new carpets in all 4 bedrooms. The well sized master features a walk-in robe and large modern en-suite, whilst the other 3 double rooms have built ins and are serviced by the main bathroom which includes a bathtub.

Outside there is an undercover alfresco just perfect for those lazy afternoons entertaining friends and family, plus, there is a good size backyard that is even big enough to install a pool if the new owners wish. Other noteworthy features are the double lock up garage big enough to store the toys and an internal laundry that helps to maximise your storage space.

All the hard work has been done and this lovely home is ready to just move right on in. With its quality and positioning we do not expect it to last long, so please call Matt on 0402 346 730 to arrange your inspection today.

What The Owner Says
We built this home as an investment and it has been a quality property that has performed very well for us over the years. Now we find ourselves looking to invest in different areas and to help us free up our cash flow we have decided to put this home to market. We want to give either a lucky family or savvy investor the opportunity to enjoy all the benefits it has to offer.

Disclaimer
We make no warranty or representation as to the accuracy, reliability, suitability of the information we provide and disclaim all liability and responsibility for any direct or indirect loss or damage which may be suffered by you through placing reliance on anything contained in or omitted from the information we provide. A display of advertising does not imply an endorsement or recommendation by us and you acknowledge that you must make your own enquiries to determine this validity and appropriateness of the information we provide.

Property Timeline

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State Auction Clearance Rates - July 2020

Auctions Clearance rate
QLD 136 34%
ACT 48 81%
NSW 582 58%
NT 3 33%
SA 39 67%
TAS 1 0%
VIC 446 60%
WA 15 33%

Suburb Insights

North Lakes, QLD 4509

No data available Part of: Moreton Bay Council

Get neighbourhood info and insights with our Suburb Profile

View North Lakes Suburb Profile View properties in North Lakes

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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3 Possum Parade  4/ 2/ 2 For Rent
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Here you can find everything you need to know about 5 Possum Parade, including the property sale history and estimated market value as well as insights into Possum Parade and North Lakes 5 Possum Parade North Lakes QLD 4509