7 Palana Street The Gap QLD 4061

4 / 2 / 2 / 610 m2

Here you can find what you need to know about 7 Palana 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 The Gap, QLD and much more.

Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061
Property photo of 7 Palana Street The Gap QLD 4061

Property Insights

7 Palana Street Estimated Value

$711,000 - $786,000

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 $725,000 on 27/11/2019

Sale Type: Normal Sale

Mortgage
Repayment
$583 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 610 m2
Floor Area 114 m2
House Type House: One Storey / Lowset
Council Area Brisbane - Enoggera
Year Built 1980
Zone RESIDENTIAL A
Lot/Plan 49/RP113716 The Gap QLD
Property Type House

Last listing description (January 2020)

FUNCTIONAL FAMILY LIVING AT ITS BEST!
* Multiple living and entertainment areas
* Private north facing rear outlook
* Large and level, fully fenced 610m2 block
* Within Payne Road SS Catchment
* Moments to schools, shops and cafes

Recently updated inside and out, this solid brick home relishes in a peaceful setting in a family-friendly pocket of The Gap. Embracing the outdoor lifestyle, the home boasts a plethora of decks and balconies perfect for hosting gatherings of any size. Buyers seeking a spacious home that will grow with the family will be impressed by the scale of this modern abode.

Sprawled across 2 expansive levels of living, on the upper floor, a light and airy lounge room greets you on arrival. A wall of glass sliders and louvres effortlessly capture the breeze and views of Mt Coot-tha in the distance. Practically positioned to integrate seamlessly with both the dining room and the rear deck, the updated kitchen is an entertainers dream equipped with striking timber benchtops, ample storage and premium stainless steel appliances including a Bosch dishwasher. Ensuring you never miss out on any of the conversation, a kitchen servery window and adjoining bar opens onto the deck, ideal for sharing cheese and wine with your guests.

Accommodation on this level comprises 4 large bedrooms, the master complete with a walk-in robe. All of the bedrooms offer direct balcony access, allowing you to wake up in style to a beautiful leafy outlook. Servicing the bedrooms is a luxury bathroom featuring a shower over bath and his and her sinks.

An internal staircase leads to the lower level where a huge rumpus fitted with a mini kitchenette spills out onto another covered rear deck. This is a versatile space which could be used as a teenagers retreat, playroom, home office/study or consider converting to dual living. Perched on a massive 610m2 block and boasting side access, there is plenty of room for kids and pets to play on the sunny, north-facing backyard which basks in a tranquil tree-lined backdrop.

Other notable attributes of this immaculately presented home include a second bathroom downstairs, 2 x single garages with remote access, 2 x split system air-conditioning units, ceiling fans and a 5000L water tank to keep the plants happy.

Renowned for its stunning natural surrounds, The Gap is a popular suburb with families who appreciate the convenience of being located only 11kms from the Brisbane CBD. The residence lies on the doorstep of Enoggera Reservoir where the whole family can spend time together in the great outdoors swimming, cycling, bushwalking and kayaking. A casual stroll or a quick drive to The Gap Village Shopping Centre, here youll find cafes, restaurants, Coles, Aldi and a variety of services. The kids can walk safely to Payne Road State School and the home is within the catchment of the highly regarded The Gap State High School.

With nothing further to do, you can look forward to moving in and instantly enjoy a relaxed lifestyle filled with weekend barbeques and endless games of footy in the backyard!

Be quick as a quality property like this will not last!

Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property Timeline

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Latest Auction Results for The Gap as at 05 July 2020

Property Details
Sale Price
3Bed / 1Bath / 2Car / 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

The Gap, QLD 4061

No data available Part of: Brisbane Council

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View The Gap Suburb Profile View properties in The Gap

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 7 Palana Street, including the property sale history and estimated market value as well as insights into Palana Street and The Gap 7 Palana Street The Gap QLD 4061