2/16 Neitz StreetMorayfield QLD 4506
Property Details for 2/16 Neitz St, Morayfield
2/16 Neitz St, Morayfield is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 270m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (December 2021)
This stunning duplex is located in a quiet residential neighbourhood in Morayfield.
16 Neitz Street sits in a great estate on a quiet street and is surrounded by quality homes.
This large 6 bedroom, 4 bathroom property is close to the Morayfield Shopping Centre, schools, parks and public transport.
Both units feature 3 bedrooms, 2 bathrooms, large kitchen, large open plan living, single lock up garage and fully fenced backyard.
Each property has a modern kitchen with stone benches, oven, cooktop, range hood and dishwasher.
All kitchen appliances are stainless steel and in very good condition. Off the kitchen in both properties you have open plan living and dining areas with lots of natural light.
Both properties also have private covered back patio areas and they have fully fenced large backyards.
Key Property Features include-
- Close to essential amenities
- Good size bedrooms with built in wardrobes
- Open plan living areas
- Modern bathrooms with shower and bathtub
- Great size kitchens with stone bench tops and stainless steel appliances
- Excellent rental yield (over 8% including NRAS incentives)
This is the perfect place for a smart investor looking for a high quality duplex in great condition.
The property is also well suited to an extended family wanting to all be together but have separate living zones.
Both properties are currently tenanted with great tenants.
It is very rare to find such a quality duplex with excellent rental yield over 8%.
Annual Rental Income = $25,688
NRAS Incentive - $11,124.07 x 2 = $22,248.14
Annual Rent + NRAS Incentive = $47,936.14
= 8.4% Yield
Don't miss this opportunity!
Call Kyle today on 0409 022 755 to arrange your inspection.
Property History for 2/16 Neitz St, Morayfield, QLD 4506
- 13 Apr 2021Sold for $570,000
- 26 Nov 2020Listed for Sale Offers Over $549,000
- 21 Jul 2017Listed for Rent $224 / week
Recent sales nearby
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About Morayfield 4506
The size of Morayfield is approximately 44.5 square kilometres. There are 58 parks, covering nearly 6.3% of the total area. The population of Morayfield in 2016 was 21394 people. By 2021 the population was 24898 showing a population growth of 16.4% in the area during that time. The predominant age group in Morayfield is 20-29 years. Households in Morayfield are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Morayfield work in a trades occupation.In 2021, 53.30% of the homes in Morayfield were owner-occupied compared with 55.10% in 2016.
Morayfield has 14,321 properties. Over the last 5 years, Houses in Morayfield have seen a 119.31% increase in median value, while Units have seen a 135.43% increase. As at 31 May 2026:
- The median value for Houses in Morayfield is $982,951 while the median value for Units is $696,311.
- Houses have a median rent of $640 while Units have a median rent of $530.
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