34/116 Albert StreetGoodna QLD 4300
Property Details for 34/116 Albert St, Goodna
34/116 Albert St, Goodna is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 134m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (June 2020)
If you have been looking for the perfect opportunity to get into the housing market, potentially as an investor, then now could be the perfect opportunity. Now that the interests rates are so low, buying this property with a very high rental yield should make perfect sense.
This low maintenance unit consists upstairs of three surprisingly large bedrooms, the main featuring an en-suite whilst there is of course the family bathroom. Downstairs is the open planned kitchen, living and dining area as well as the single garage, separate laundry and 3rd toilet. There is a court yard style outdoor area which is perfect as plenty of space to relax but doesn't take much to look after either.
The property is well located close to shops, schools and other amenities. The complex is well maintained and the current property manager lives on site in another one of the townhouses.
The property is currently rented out to a very stable tenant who has a lease in place till January 2021, and has lived in the property for over 5 years. The property is an NRAS property, which runs till June 2024. The tenant currently pays $261 per week, however this is supplemented by a tax offset of just over $11,000 per year. This equates to a weekly rent of over $475 or over 10% yield!!
The Numbers!!
- Body Corp Approx $3360 per annum (Admin fund $2240 pa / Sinkng Fund $1120 pa)
- Council Rates - Approx $450 per quarter (Owner pays)
- Water - Approx $300 per quarter (Owner pays)
- Rent - $261 per week
- Tax Offset - Approx $11,000 per annum
- Electric, Phone, TV, NBN, Gas - Tenant pays
- Manangement Fees - allow +/- 8% depending on who property manager
Inspections are to be conducted on a private basis, but please call to make the arrangements or to ask any further questions.
Property History for 34/116 Albert St, Goodna, QLD 4300
- 14 Dec 2020Listed for Sale $230,000
- 13 Dec 2020Sold for $212,000
- 02 Apr 2020Listed for Sale $230,000
Recent sales nearby
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0About Goodna 4300
The size of Goodna is approximately 7.9 square kilometres. It has 27 parks covering nearly 10.5% of total area. The population of Goodna in 2016 was 10461 people. By 2021 the population was 10391 showing a population decline of 0.7% in the area during that time. The predominant age group in Goodna is 0-9 years. Households in Goodna are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goodna work in a labourer occupation.In 2021, 47.50% of the homes in Goodna were owner-occupied compared with 44.40% in 2016.
Goodna has 4,229 properties. Over the last 5 years, Houses in Goodna have seen a 150.66% increase in median value, while Units have seen a 205.11% increase. As at 31 December 2025:
- The median value for Houses in Goodna is $734,209 while the median value for Units is $593,782.
- Houses have a median rent of $550 while Units have a median rent of $475.
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