5/90 Dearness StreetGarbutt QLD 4814
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. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Garbutt in the last 12 months.
Last Listing description (March 2026)
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
• Internal laundry
• Secure single garage
• Separate storage room
• Private, secured rear patio
• Quiet, established complex
• Body Corp Approx. $3,000 yearly
• Rates & Utilities Approx. $2,000 half yearly
• Rental Appraisal: $420/w - $440/w
A flexible purchase offering immediate return with the option to occupy in the near future. Enquire today for further details.
Property History for 5/90 Dearness St, Garbutt, QLD 4814
- 11 Mar 2026Sold
- 03 Feb 2026Listed for Sale $375,000
- 10 Jul 2023Sold for $190,000
Recent sales nearby
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0About 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 2,444 properties. Over the last 5 years, Houses in Garbutt have seen a 100.33% increase in median value, while Units have seen a 147.34% increase. As at 28 February 2026:
- The median value for Houses in Garbutt is $621,600 while the median value for Units is $414,922.
- Houses have a median rent of $510 while Units have a median rent of $400.
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