74 Cascade StreetRaceview QLD 4305
Property Details for 74 Cascade St, Raceview
74 Cascade St, Raceview is a 2 bedroom, 2 bathroom House and was built in 1972. The property has a land size of 607m2.
Last Listing description (March 2011)
Over 50's Units
Just $170.000 o.n.o. buys this pair of One Bedroom fully furnished units on one title. The units are situated in a gated complex in the high growth suburb of Raceview. Beautifully maintained gardens surround the units.
Purpose built within the last 10 years, these units offer over 50's security, and facilities such as community dining, a swimming pool, and social activities. A resident on-site management team provides Village services if required.
Both units are currently leased . Government rental assistance makes these units very affordable to rent.
These INVESTMENT UNITS earn $456 per week in rent for the pair. A very good Rental Income. Currently $23,270 p.a. or almost 14 % of the cost price.
For a complete Income and Expense Analysis prepared for your accountant please email Trevor Duffie : tduffie@bigpond.net.au
These two units are in good condition, currently leased and are a set and forget investment. Nothing to do. A great addition to your investment portfolio. A motivated seller is prepared to consider your offers now.
Phone Trevor Duffie on 0418 304 868 or email agent for details.
Additional feature/s - Built-In Wardrobes.
Property History for 74 Cascade St, Raceview, QLD 4305
- 30 May 2010Listed for Sale A PAIR $170,000
Recent sales nearby
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About Raceview 4305
The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,524 properties. Over the last 5 years, Houses in Raceview have seen a 140.45% increase in median value, while Units have seen a 155.36% increase. As at 31 March 2026:
- The median value for Houses in Raceview is $880,365 while the median value for Units is $569,550.
- Houses have a median rent of $590 while Units have a median rent of $475.
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