37 Illuta StreetRasmussen QLD 4815
Property Details for 37 Illuta St, Rasmussen
37 Illuta St, Rasmussen is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 671m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (August 2023)
If you?re looking at a good long-term investment with and excellent yield then this one is certainly worth a look. This type of property, considering its location and quality is always in demand by quality long term renters.
This particular Duplex has a unique design as it gives both tenants a sense of privacy and it gives the feeling like each side is a separated residence. Due to the land being on a corner, it has access on two different streets, this sets both of the yards apart from each other offering an abundance of privacy and excellent fencing for pets and general security.
A Duplex such as this can be very attractive to an investor, you could live in one side and rent out the other. The advantage with a duplex is that you do not need a body corporate, so this would in effect keep your expenses to an absolute minimum while collecting rent from both sides.
Each side is currently renting $250 per week, (both $500 per week)
Rates for both sides are approximately $5696 per year including water fees.
Building insurance is approximately $1,600 per year.
Building features include;
. Land size is 671 square metres
. 2 Street access
. 2 Splits & 4 box air conditioners
. Built from concrete block
. Roof is made of metal (looks like a tile)
. 4 Bedrooms, 2 bathrooms, 2 garage
. Fully fenced
Property History for 37 Illuta St, Rasmussen, QLD 4815
- 17 Aug 2023Listed for Sale Not Disclosed
- 10 Aug 2021Sold for $295,000
- 06 Aug 2021Listed for Sale $309,000
Recent sales nearby
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0About Rasmussen 4815
The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2016 was 4456 people. By 2021 the population was 4669 showing a population growth of 4.8% in the area during that time. The predominant age group in Rasmussen is 20-29 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation.In 2021, 54.60% of the homes in Rasmussen were owner-occupied compared with 51.60% in 2016.
Rasmussen has 2,383 properties. Over the last 5 years, Houses in Rasmussen have seen a 144.67% increase in median value, while Units have seen a 93.60% increase. As at 30 November 2025:
- The median value for Houses in Rasmussen is $549,250 while the median value for Units is $409,909.
- Houses have a median rent of $490 while Units have a median rent of $360.
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