5 Marr StreetPoint Vernon QLD 4655
Property Details for 5 Marr St, Point Vernon
5 Marr St, Point Vernon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 843m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Point Vernon in the last 12 months.
Last Listing description (January 2025)
Take advantage of this excellent investment opportunity with a well-maintained duplex in the highly sought-after Point Vernon area. Situated just minutes from beautiful beaches and essential amenities, this property is ideal for attracting tenants year-round.
With its strategic location, the duplex appeals to a diverse range of renters, offering easy access to local shops, cafes, schools, and public transport. The vibrant community and recreational facilities enhance its desirability, ensuring strong rental returns.
This property not only promises steady cash flow but also holds significant potential for future capital appreciation as Point Vernon continues to grow. Both units are currently Tenanted by long term tenants. Whether you're an experienced investor or new to the market, this duplex is a smart choice for your portfolio.
Total Rental Appraisal $780 to $820 per week
Don't let this opportunity pass you by!
Property History for 5 Marr St, Point Vernon, QLD 4655
- 13 Dec 2024Sold for $675,000
- 09 Oct 2024Listed for Sale UNDER CONTRACT
- 30 Sep 2022Sold for $580,000
Recent sales nearby
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About Point Vernon 4655
The size of Point Vernon is approximately 4.8 square kilometres. It has 14 parks covering nearly 16.4% of total area. The population of Point Vernon in 2016 was 5699 people. By 2021 the population was 5718 showing a population growth of 0.3% in the area during that time. The predominant age group in Point Vernon is 60-69 years. Households in Point Vernon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Point Vernon work in a professional occupation.In 2021, 72.30% of the homes in Point Vernon were owner-occupied compared with 67.60% in 2016.
Point Vernon has 2,962 properties. Over the last 5 years, Houses in Point Vernon have seen a 107.53% increase in median value, while Units have seen a 129.74% increase. As at 30 November 2025:
- The median value for Houses in Point Vernon is $794,612 while the median value for Units is $752,005.
- Houses have a median rent of $630 while Units have a median rent of $310.
Suburb Insights for Point Vernon 4655
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