2 Marwedel St, Kearneys Spring is a 4 bedroom, 2 bathroom Unit with 5 parking spaces and was built in 1990. The property has a land size of 696m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 4 bedroom Unit sold in Kearneys Spring in the last 12 months.
A great opportunity presents itself here to buy this fantastic low maintenance brick duplex which is set on a generous 696m2 corner block and with unit 2 currently returning $265per/week has the potential for up to $530per/week gross return.
With both units offering 2 x 2 built-in bedrooms and 1 x bathroom with separate toilets, unit .1. provides a single lock-up garage plus carport while unit .2. has the single carport only as the lock-up garage has been converted into a second living space/potential third bedrooms. Both units have had numerous amounts of work done to them over the years, with the most noticeable change being to unit 1's bathroom with has recently been fully renovated and huge shower. Both units also offer generous fully fenced yards with unit 1 offering rear yard access and a large covered outdoor area and unit 2 an open concreted outdoor area.
Located opposite parkland within walking distance to Kmart Shopping Centre and only minutes to the University of South Queensland, good solid investments like this are hard to find.
The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2016 was 8552 people. By 2021 the population was 9419 showing a population growth of 10.1% in the area during that time. The predominant age group in Kearneys Spring is 30-39 years. Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation.In 2021, 52.20% of the homes in Kearneys Spring were owner-occupied compared with 49.10% in 2016.
Kearneys Spring has 4,932 properties. Over the last 5 years, Houses in Kearneys Spring have seen a 108.07% increase in median value, while Units have seen a 108.15% increase. As at 31 December 2025:
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