11 Farrell St, Park Avenue is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2021. The property has a land size of 450m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Positioned in a high-demand pocket of Park Avenue, 11 Farrell Street presents a turnkey investment opportunity with immediate income and strong tenant stability.Currently tenanted at $620 per week until February next year, the property is secured by a long-term tenant who maintains the home in immaculate condition reducing vacancy risk and ongoing maintenance concerns.Built in 2020 and set on a low-maintenance 450m block, the home offers modern appeal and durability, making it an ideal addition to any investment portfolio. The layout is practical and tenant-friendly, featuring open-plan living and dining, a well-appointed kitchen with quality finishes, and full air-conditioning throughout.All three bedrooms are generously sized, supported by two bathrooms, while security screens and an electric front gate add an extra layer of appeal for tenants. Car accommodation for up to three vehicles further strengthens rental demand.Located close to schools, shops, and only minutes from the Rockhampton CBD, this is a consistently sought-after rental location.Key features: $600 per week rental return Lease secured until February next year Long-term tenant maintaining the property in immaculate condition Built in 2020 modern, low-maintenance investment 450m block Fully air-conditioned throughout 3 bedrooms, 2 bathrooms Electric gate + security screens 3 car accommodation Strong rental location close to schools and amenitiesA set-and-forget investment with reliable income and quality tenants already in place.
The size of Park Avenue is approximately 4.6 square kilometres. There are 6 parks, covering nearly 12.0% of the total area. The population of Park Avenue in 2016 was 5094 people. By 2021 the population was 5292 showing a population growth of 3.9% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation.In 2021, 63.60% of the homes in Park Avenue were owner-occupied compared with 61.80% in 2016.
Park Avenue has 2,684 properties. Over the last 5 years, Houses in Park Avenue have seen a 114.85% increase in median value, while Units have seen a 78.76% increase. As at 31 July 2026:
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