40 Pinegrove StreetMorayfield QLD 4506
Property Details for 40 Pinegrove St, Morayfield
40 Pinegrove St, Morayfield is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 483m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
Jarrod Willis from Richardson & Wrench Caboolture proudly welcomes you to 40 Pinegrove Street, Morayfield…
This low maintenance property is the ideal set & forget addition to any investment portfolio with excellent tenants already secured long term until May 2024.
Please be aware, if you’re looking to move into this property, it’s not possible before the tenants end of lease date mentioned above.
The tenants are currently paying $550.00 rent per week equalling a healthy gross return on your investment of 4.93% at this asking price.
Property features include;
> 4 Bedrooms all carpeted with double built in robes & ceiling fans
> Air conditioned master bedroom with extra large built in robes & ensuite with shower, toilet & vanity
> Modern kitchen with Caesar stone bench top, walk-in pantry & quality Westinghouse appliances including electric cooktop & dishwasher
> Open plan kitchen overlooks the dining/ family room with air conditioning
> Separate carpeted lounge-room
> Main bathroom with shower, bath & vanity
> Security screens & vertical blinds throughout
> Separate laundry with external access to yard
> Double linen cupboard in hallway
> Double remote lock up garage with secure internal access to the home
> Private outdoor patio area overlooks your low maintenance backyard
> Built in 2016 - Only 7 years young meaning depreciation benefits still apply
> Situated on a low maintenance & private 483m2 block
Located in Morayfield East offering convenient access on/off the Bruce highway for commuters as well as easy access to Morayfield Shopping Centre & both Primary & High Schools.
Neat, tidy, 4 bedroom, 2 bathroom, low maintenance properties, under $600,000 are in huge demand from local & interstate investors. If this property interests you, be sure to view our video walk-through online and contact Jarrod Willis direct via email or phone call to see available viewing times.
Please note: Due to this property being tenanted we are limited with viewing times & wont be conducting advertised open homes as such.
Property History for 40 Pinegrove St, Morayfield, QLD 4506
- 13 Jul 2023Sold for $606,000
- 05 Jul 2023Listed for Sale Not Disclosed
- 30 Apr 2021Listed for Rent $410 / week
Recent sales nearby
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About Morayfield 4506
The size of Morayfield is approximately 44.5 square kilometres. It has 58 parks covering nearly 6.3% of 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 14,148 properties. Over the last 5 years, Houses in Morayfield have seen a 122.63% increase in median value, while Units have seen a 131.71% increase. As at 28 February 2026:
- The median value for Houses in Morayfield is $936,456 while the median value for Units is $655,262.
- Houses have a median rent of $620 while Units have a median rent of $525.
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