1 Magenta CrescentNarangba QLD 4504
Property Details for 1 Magenta Cres, Narangba
1 Magenta Cres, Narangba is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 750m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Last Listing description (February 2025)
Calling all renovators, builders, and savvy investors...BEAT THE BANK!....WHAT AN OPPORTUNITY!!!
This property at 1 Magenta Crescent, Narangba, is a renovator's dream, ready for those with vision to transform and profit.
Whether you're a builder looking to renovate, a family ready to put in some elbow grease to grow significant equity with effort, a flipper aiming for maximum returns, or an investor seeking your next big project, this is your chance to capitalize on an outstanding opportunity.
A cracking location in a tremendous growth corridor, this home needs some serious TLC including plasterwork, bathroom updates, new carpets, fresh paint and landscaping - making it perfect for those who love a mammoth project with incredible potential. With the right improvements, you could potentially see a 40-50% profit on your investment.
FEATURES:
3 Living Areas: Plenty of space for flexible living arrangements or modern open-plan designs
4 Bedrooms & 2 Bathrooms: Opportunity to upgrade the existing layout for maximum appeal and comfort.
Great Side Access & Off Street Parking: Ideal for tradies or those needing space for boats, trailers or caravans.
Shed & Double Lock-Up Garage: Plenty of storage and workspace for future owners and a wonderful outdoor entertaining space.
Located in a fantastic area of Narangba, close to schools, parks and amenities, this property is perfect for those looking to break into the market or experienced renovators aiming for significant returns.
ACT FAST.....THIS ONE WON'T LAST!
*Sellers may choose to accept an offer prior to Auction & may well be flexible in their terms to suit a broads range of buyer profile needs.
Property History for 1 Magenta Cres, Narangba, QLD 4504
- 17 Sep 2024Sold for $695,000
- 12 Sep 2024Listed for Sale $695,000
- 09 Jul 1999Sold for $182,000
Recent sales nearby
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About Narangba 4504
The size of Narangba is approximately 43.3 square kilometres. There are 42 parks, covering nearly 5.0% of the total area. The population of Narangba in 2016 was 18573 people. By 2021 the population was 20910 showing a population growth of 12.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a professional occupation.In 2021, 74.90% of the homes in Narangba were owner-occupied compared with 73.90% in 2016.
Narangba has 9,360 properties. Over the last 5 years, Houses in Narangba have seen a 94.77% increase in median value, while Units have seen a 138.78% increase. As at 31 May 2026:
- The median value for Houses in Narangba is $1,150,087 while the median value for Units is $686,911.
- Houses have a median rent of $670 while Units have a median rent of $580.
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