109 Velorum DriveKingston QLD 4114
Property Details for Lot 1/109 Velorum Dr, Kingston
Lot 1/109 Velorum Dr, Kingston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 201m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (March 2024)
QUICK OFF THE MARKET SALE
Located in the good side of Kingston, this adorable little cottage houses two flats generating $720 per week in combined rental income making it over 6% yield*
FLAT 1- $370 per week rental return until May 2023
Large light filled living room
Enormous open plan kitchen/ dining room with world of storage
Family bathroom with shower over bath & separate toilet
Laundry
Stunning freshly laid fake turf & low maintenance mature landscaping in the walkways
FLAT 2- $350 per week rental return until May 2023
2 bedrooms + a study nook
Open plan living & kitchen flooded with natural light
Bespoke bathroom with walk-in shower & laundry station
Fully pebbled tropical walkway
LOCALITY
Kindergartens & schools from 15min walk up to 10min drive away
Shopping hub 6min drive
Bus stop next door & train station 4min drive
Brisbane CBD 26min drive
Gold Coast 43min drive
Whether you need to reconfigure it to suit a large family, live in one & rent out another in order to have most of your mortgage paid for or simply use it as an investment generating you weekly cashflow,- there is no going wrong with a property located in a suburb where the growth is yet to come!
PLEASE NOTE:
This property is situated on 1131m2 of land that falls under Body Corporate with the back dwelling. There are no BC fees, no BC meeting & the ONLY common property is the driveway.
Both flats have always been tenanted.
Property History for Lot 1/109 Velorum Dr, Kingston, QLD 4114
- 11 Dec 2024Sold for $710,000
- 17 Apr 2023Listed for Rent - Price not available
- 11 Apr 2022Listed for Sale Offers Over $600K
Recent sales nearby
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0About Kingston 4114
The size of Kingston is approximately 6.7 square kilometres. There are 30 parks, covering nearly 17.2% of the total area. The population of Kingston in 2016 was 10539 people. By 2021 the population was 10506 showing a population decline of 0.3% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingston work in a labourer occupation.In 2021, 45.50% of the homes in Kingston were owner-occupied compared with 47.50% in 2016.
Kingston has 4,089 properties. Over the last 5 years, Houses in Kingston have seen a 159.74% increase in median value, while Units have seen a 181.05% increase. As at 30 April 2026:
- The median value for Houses in Kingston is $852,937 while the median value for Units is $660,657.
- Houses have a median rent of $590 while Units have a median rent of $520.
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