5 Andrew PlaceMarsden QLD 4132
Property Details for 5 Andrew Pl, Marsden
5 Andrew Pl, Marsden is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 600m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (March 2017)
Why Marsden? Consistent long term growth, above average rental returns and low vacancy rates makes Marsden attractive to investors. Several schools, an abundance of shopping options along with numerous employment hubs makes the Logan area and Marsden in particular an 'in demand' area for housing.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right - two dwellings - two incomes! This property is strong positively geared right from the first month for most investors.
?The features of a dual living property are:
?Low outgoings - no body corporate fees, low council rates and water rates
?Achievable rents are approx 50% higher than the typical 4 bedroom house
?Located in high growth area, with high rental demand
?Located in prime quality residential estates
?Located in high population areas close to fast expanding hubs
?Larger lots
?Lower your risk - if one dwelling is vacant, the additional one is still producing income
?Close to schools, shops and all other services and recreational facilities
This property is:
Land: 600m2 Price: $259,000 Land registration TBC
Home: 237.23m2 Build: $325,809
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
TURN KEY PRICE CONTRACT: $584,809
RENTAL ESTIMATE: $630 to $660 per week
Inclusions:
20 YEAR STRUCTURAL GUARANTEE , Full face brick/render finish and color bond roof, Split system air cons to living areas, Site works on this are included, a fire and sound rated Party Wall System is included to the value of $3500, 6 star energy rating, Professional internal and eternal colour schemes, Premium Dulux 3 coat system, roof sarking as per EE report, security screens to all external doors, flyscreens to all windows, window furnishings are included throughout, Carpeted and tiled throughout, two separate alfresco areas under roof, Driveway and pathways, Fully turfed and landscaped, Clothesline and letterbox, Fully fenced, Clothesline and Letterbox,
Note: Category 2 acoustic attenuation home construction - per Logan City Council requirements
FOR SALE: $584,809
Property History for 5 Andrew Pl, Marsden, QLD 4132
- 17 Apr 2018Sold for $217,000
- 28 Feb 2017Listed for Sale $584,809
Recent sales nearby
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0About Marsden 4132
The size of Marsden is approximately 6.1 square kilometres. It has 18 parks covering nearly 11.2% of total area. The population of Marsden in 2016 was 14071 people. By 2021 the population was 14795 showing a population growth of 5.2% in the area during that time. The predominant age group in Marsden is 0-9 years. Households in Marsden are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marsden work in a labourer occupation.In 2021, 44.70% of the homes in Marsden were owner-occupied compared with 44.70% in 2016.
Marsden has 5,317 properties. Over the last 5 years, Houses in Marsden have seen a 132.28% increase in median value, while Units have seen a 148.91% increase. As at 30 November 2025:
- The median value for Houses in Marsden is $830,240 while the median value for Units is $729,349.
- Houses have a median rent of $590 while Units have a median rent of $520.
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