494 Ross River RoadCranbrook QLD 4814
Property Details for 494 Ross River Rd, Cranbrook
494 Ross River Rd, Cranbrook is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 885m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (February 2024)
This fantastic investment opportunity that you just don't want to miss out on, is located 5 minutes from Willows Shopping Centre and 3 minutes from Stockland Shopping Centre.
Each unit boasts 2 bedrooms, 1 bathroom and a single lockup garage. The properties are situated behind a 6 foot high wooden fence, with individual double gate access, which provides not only privacy, but security as well. Once inside you are greeted with a large, combined lounge/dining/kitchen area. There is plenty of space in the kitchen for all your pots & pans.
With security in mind, the front door is located inside the carport. These units are fully air conditioned, there are ceiling fans throughout and security screens on the windows.
Each unit has their own back yard complete with garden shed.
This property is great value for money. They are currently returning $640 per week, however, in the current rental market, they the potential to earn you up to $700 per week.
Contact Suzy today to book an inspection.
Property History for 494 Ross River Rd, Cranbrook, QLD 4814
- 07 Jun 2023Sold for $407,000
- 02 Jun 2023Listed for Sale Not Disclosed
Recent sales nearby
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0About Cranbrook 4814
The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2016 was 5908 people. By 2021 the population was 5844 showing a population decline of 1.1% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation.In 2021, 63.70% of the homes in Cranbrook were owner-occupied compared with 65.10% in 2016.
Cranbrook has 2,701 properties. Over the last 5 years, Houses in Cranbrook have seen a 139.28% increase in median value, while Units have seen a 85.75% increase. As at 31 March 2026:
- The median value for Houses in Cranbrook is $594,697 while the median value for Units is $353,812.
- Houses have a median rent of $550 while Units have a median rent of $380.
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