3/17 Magdala StreetAscot QLD 4007
Property Details for 3/17 Magdala St, Ascot
3/17 Magdala St, Ascot is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 114m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (June 2019)
The highest sale in Magdala Street last year was $1,950,000 - a truly amazing property - now I mention this because thats the type of caliber of property you will find in this beautiful street.
As you read this there is an opportunity at hand to purchase a property in Magdala Street, an opportunity that will certainly not last long! Apartment 3 at 17 Magdala Street is now available for sale, after the better part of 16 years being tightly held by a astute investor.
Already tenanted with a lease in place until the 28th June 2019 - this property produces $17,680 worth of income per annum, which results in $340/week rent.
Benefits of owning this property:
* Walking distance to Racecourse Road precinct
* Transportation all around you
* Lots of cafes, shops, and restaurants close by
* Racecourse Village only minutes away (Queensland's Newest Woolworths 2.0 & other shops)
* 10 minutes from Brisbane Airport
* 7km from Brisbane CBD
Attributes of this apartment:
* A spacious apartment - a total of 114sqm
* The apartment has a North/East/South aspect - views of Hamilton Harbour from balcony
* Above average sized living area - large functional kitchen - South facing balcony
* Two bedrooms on the Eastern side - master is over-sized with the second still very spacious
* Bathroom has adequate storage under vanity - includes large shower & separate toilet
* Remote controlled garage door - large secure space with internal laundry
Contact Oliver today on 0431 708 697 to organise an inspection.
Property History for 3/17 Magdala St, Ascot, QLD 4007
- 20 May 2019Sold for $352,000
- 29 Mar 2019Listed for Sale Not Disclosed
- 17 May 2018Listed for Rent $345 / week
Recent sales nearby
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About Ascot 4007
The size of Ascot is approximately 2.8 square kilometres. It has 7 parks covering nearly 34.1% of total area. The population of Ascot in 2016 was 5777 people. By 2021 the population was 6531 showing a population growth of 13.0% in the area during that time. The predominant age group in Ascot is 30-39 years. Households in Ascot are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ascot work in a professional occupation.In 2021, 56.10% of the homes in Ascot were owner-occupied compared with 54.70% in 2016.
Ascot has 3,698 properties. Over the last 5 years, Houses in Ascot have seen a 67.19% increase in median value, while Units have seen a 116.95% increase. As at 28 February 2026:
- The median value for Houses in Ascot is $2,827,994 while the median value for Units is $975,944.
- Houses have a median rent of $850 while Units have a median rent of $650.
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