55 Hilary StreetMorayfield QLD 4506
Property Details for 55 Hilary St, Morayfield
55 Hilary St, Morayfield is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 312m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
Centrally located, this Duplex with quality fixtures and fittings will surely impress any buyers. The first unit features three bedrooms and one bathroom with plenty of natural light. The second unit includes two bedrooms and one bathroom, perfect for a small family. Offering affordable living in a brand new home and located in a new estate that is very handy yet also peaceful.
With easy access to local schooling plus handy motorway access, the location of this property is handy and central, yet tucked privately away in a boutique estate.
With a rental income of $590.00 per week, this duplex provides the perfect opportunity for investors with an impressive rental return of approximately 6.14%.
Morayfield is a town and suburb of Moreton Bay Region Queensland and is one of Australia's fastest-growing regions. It is also known as the economic heart of South East Queensland's Northern Growth Corridor. Over the next 5 to 10 years, Caboolture's population is expected to grow annually at rates that are double Queensland's growth rates.
The population over the next 25 years is projected to grow 5.2% a year, which is more than double Queensland's 25-year growth rate of 1.9% a year. By 2036, forecasts suggest the population will triple. To support this future population, approximately 41,000 new, residential dwellings will have to be provided for residents of the Moreton Bay region.
-1/55 Hilary Street is currently on a fixed-term lease agreement until 7 June 2021 for $315.00 per week and comprises 3 bedrooms, 1 bathroom, air conditioning, dishwasher, single garage, and study.
-2/55 Hilary Street is also on a fixed-term lease agreement until 18 June 2021at $275.00 per week and is a fully self-contained, 2 bedroom, 1 bathroom, apartment with a single lock-up garage of its own. The unit also comes with air conditioning, a separate bathroom, and laundry in the garage.
Duplex Features:
- 5 bedrooms, 2 bathrooms, 2 lockup garages
- Air-conditioning & ceiling fans
- 4 bedrooms have built-in robes
- Both Kitchens offers stainless steel appliances including a dishwasher
- Stone benchtops in both kitchens
- Tiled lounge/dining with air-conditioning
- Bathroom in handy location between bedrooms
- Two single garages with laundry at the rear
- Two rear covered patios
- Fully fenced yards
Outgoings:
- Rates - $3,316 approx* per year
55 Hilary Street is situated within a short distance to Morayfield East State School, playgrounds, parks, local shops, restaurants and public transport.
Call today for an inspection!
Property History for 55 Hilary St, Morayfield, QLD 4506
- 18 Mar 2021Sold for $505,000
- 03 Mar 2021Listed for Sale $500,000
- 22 May 2020Listed for Rent $275 / 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 13,790 properties. Over the last 5 years, Houses in Morayfield have seen a 122.06% increase in median value, while Units have seen a 128.13% increase. As at 31 December 2025:
- The median value for Houses in Morayfield is $892,371 while the median value for Units is $627,600.
- Houses have a median rent of $610 while Units have a median rent of $520.
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