506 Kingsford Smith DriveHamilton QLD 4007
Property Details for 506 Kingsford Smith Dr, Hamilton
506 Kingsford Smith Dr, Hamilton is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 405m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (December 2022)
Savvy Investors will delight in the long and short term returns of this highly sought property. With Zoning of Mixed Use 3 allowing a 4 storey limit and no demolition control, there's a myriad of possibilities for development (STCA). Currently returning circa $85k per annum, the gross yield is also sitting close to 9% which is unheard of in recent years!
The property consists of a main house on two full levels with 3 generous bedrooms, plus detached 2 bedroom flat on the lower level with plenty of off-street parking enough to house a large extended family.
Features include:
- High rental return circa $85,000 per annum
- Separate detached self-contained Granny Flat
- Mixed-Use 3 Zoning with 4-storey limit
- NON demolition control
- Walk to Portside Wharf and Racecourse Road precinct
- Central to Airport and CBD
- Off street parking
Property History for 506 Kingsford Smith Dr, Hamilton, QLD 4007
- 26 Oct 2022Sold for $990,000
- 02 Sep 2022Listed for Sale UNDER OFFER
- 06 Feb 2019Listed for Rent $325 / week
Recent sales nearby
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0About Hamilton 4007
The size of Hamilton is approximately 3.4 square kilometres. There are 8 parks, covering nearly 2.5% of the total area. The population of Hamilton in 2016 was 6995 people. By 2021 the population was 8922 showing a population growth of 27.6% in the area during that time. The predominant age group in Hamilton is 30-39 years. Households in Hamilton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 44.00% of the homes in Hamilton were owner-occupied compared with 45.50% in 2016.
Hamilton has 6,474 properties. Over the last 5 years, Houses in Hamilton have seen a 30.54% increase in median value, while Units have seen a 97.29% increase. As at 30 June 2026:
- The median value for Houses in Hamilton is $2,386,986 while the median value for Units is $988,218.
- Houses have a median rent of $1,100 while Units have a median rent of $700.
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