3 Hardy AvenuePark Avenue QLD 4701
Property Details for 3 Hardy Ave, Park Avenue
3 Hardy Ave, Park Avenue is a 7 bedroom, 7 bathroom Unit. The property has a land size of 1223m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (December 2022)
Opportunity knocks with 7 studio-style flats currently returning a gross yield of $63,700 per annum to attract investor interest. Each flat offers a 3.0m x 6.5m living and sleeping space with timber floors, ceiling fans and air-conditioning, with a basic kitchen and bathroom and common laundry facilities. There's certainly scope for an upgrade, or just continue collecting rent as is. The complex was built in 1970 and is handy to all amenities.
-Low-set, 1970 complex of 7 conjoined studio-style flats
-Open-plan 6.5 x 3.0 living/sleeping space with timber floor
-Basic bathrooms with shower, vanity, WC and towel cupboard
-Air con & 2 ceiling fans in living areas, fully security screened
-Front landing to all flats, full length deck out back door
- Common laundry facilities with small concreted parking area & plenty of off street parking
-Brand new roof, 1223m2 fenced block, owners do maintenance
-Quiet residential location handy to public transport and shops
-Gross rent return of $1225pw ($63,700pa) = 9.8% on asking price
Property History for 3 Hardy Ave, Park Avenue, QLD 4701
- 18 Oct 2021Sold for $640,000
- 08 Sep 2021Listed for Sale $650,000
- 04 Feb 2004Sold for $340,000
Recent sales nearby
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0About Park Avenue 4701
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12.0% of 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 2,686 properties. Over the last 5 years, Houses in Park Avenue have seen a 135.34% increase in median value, while Units have seen a 149.02% increase. As at 31 January 2026:
- The median value for Houses in Park Avenue is $536,634 while the median value for Units is $529,432.
- Houses have a median rent of $530 while Units have a median rent of $370.
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