24 Diamond StreetSlacks Creek QLD 4127
Property Details for 24 Diamond St, Slacks Creek
24 Diamond St, Slacks Creek is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 688m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (September 2025)
Auction In-Rooms 2/07 @ 5:30PM
Auction will be held at RayWhite Springwood (24/34 Fitzgerald Ave, Springwood)
Register to bid here- https://auctionslive.com/app/bidder-registration/KmEko
Secure immediate cash flow and long-term capital growth with this high-performing investment on a prime, flood-free corner block, directly overlooking a spacious park-perfect for families and active lifestyles. Comprising a main house and a contemporary granny flat, this property generates an impressive combined rental income of $930 per week.
The main house features three generous bedrooms, a centrally located bathroom, a separate toilet, and an open-plan kitchen seamlessly connected to a comfortable living area, creating a practical and appealing environment ideal for attracting and retaining quality tenants.
Enhancing the property's appeal is the self-contained granny flat, just 8 years old, boasting two bedrooms with built-in wardrobes, a modern bathroom, and a spacious open-plan living area. Both properties are thoughtfully separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management.
Brick foundation for minimal maintenance and positioned in a highly desirable location, this dual-income investment offers not just immediate financial returns but significant potential for future capital appreciation. Secure, low-risk, and high-yield opportunities of this caliber rarely remain on the market for long.
Key Details:
Main House: 3 bed, 1 bath, double garage - rented at $510/week
Granny Flat: 2 bed, 1 bath, self-contained - rented at $420/week
Gross annual return: $48,360 p.a.
Flood-free location ensuring tenant security and insurance benefits
Directly overlooks a spacious park, ideal for kids to play and families to enjoy.
Both properties are separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management.
Potential to further enhance rental yield
Main House Features:
Open-plan kitchen, living, and dining
Three generous bedrooms
Outdoor entertaining space
Double garage and ample storage
Granny Flat Features:
Modern, open-plan design
Two bedrooms with built-ins
Fully self-contained with separate access
Location:
Walking distance to Parks
4 minutes to Mabel Park State School
7 minutes to Springwood Mall
10 minutes to John Paul College
8 minutes to Meadowbrook Golf Club
9 minutes to IKEA
13 minutes to Logan Hospital
25 minutes to Brisbane CBD
40 minutes to GoldCoast
Property History for 24 Diamond St, Slacks Creek, QLD 4127
- 02 Jul 2025Sold for $925,000
- 05 Jun 2025Listed for Sale Auction 2/07/25 @ 5:30PM
- 22 Aug 2023Listed for Rent $500 / week
Recent sales nearby
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0About Slacks Creek 4127
The size of Slacks Creek is approximately 8.5 square kilometres. There are 24 parks, covering nearly 16.8% of the total area. The population of Slacks Creek in 2016 was 10432 people. By 2021 the population was 10408 showing a population decline of 0.2% in the area during that time. The predominant age group in Slacks Creek is 10-19 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation.In 2021, 53.50% of the homes in Slacks Creek were owner-occupied compared with 53.80% in 2016.
Slacks Creek has 4,907 properties. Over the last 5 years, Houses in Slacks Creek have seen a 114.65% increase in median value, while Units have seen a 179.16% increase. As at 31 August 2026:
- The median value for Houses in Slacks Creek is $872,724 while the median value for Units is $578,289.
- Houses have a median rent of $623 while Units have a median rent of $500.
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