5/90 Dearness Street, Garbutt, QLD 4814 | Unit for sale | OnTheHouse
 
FOR SALE
$375,000

5/90 Dearness Street
Garbutt QLD 4814

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 106m2
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Buy Now, Move In Later - Smart Garbutt Opportunity

Positioned within a quiet, well-maintained complex, this neatly presented two-bedroom unit presents an excellent opportunity for both investors seeking immediate income and local buyers planning to move in once the current lease concludes.
The practical layout includes two well-proportioned bedrooms, both fitted with built-in wardrobes, a central bathroom and an open-plan living and dining area designed for easy, low-maintenance living. Comfort is assured year-round with split system air conditioning to the main living area, main bedroom and secondary bedroom. An internal laundry adds everyday convenience. A secure single garage provides parking plus the added benefit of a separate storage room, while the rear secured patio offers a private outdoor area.
The property is currently leased at $350 per week until 12/05/2026, with the most recent rent increase applied on 13/05/2025, delivering stable income in the short term while allowing future owner-occupiers time to plan their move.
Property Features:
• Neatly presented two-bedroom unit
• Built-in wardrobes to both bedrooms
• Open-plan living and dining layout
• Split system air conditioning to living area and both bedrooms
• Functional kitchen
• Central bathroom
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Property Details for 5/90 Dearness St, Garbutt

5/90 Dearness St, Garbutt is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 106m2. The place is currently for sale with Page & Pearce Real Estate.

Building Type
Unit
Land Size
106m2
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About Garbutt 4814

The size of Garbutt is approximately 12.0 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.

Garbutt has 2,445 properties. Over the last 5 years, Houses in Garbutt have seen a 100.46% increase in median value, while Units have seen a 125.44% increase. As at 31 January 2026:

  • The median value for Houses in Garbutt is $618,567 while the median value for Units is $393,921.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 8 properties listed for sale, and 26 properties listed for rent in Garbutt on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Garbutt.

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Jack Howard
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Page & Pearce Real Estate
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