24 Diamond Street, Slacks Creek, QLD 4127 sold on 03 July 2025 | OnTheHouse
 
SOLD
Sold on 03 Jul 2025 for $925,000

24 Diamond Street
Slacks Creek QLD 4127

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 688m2
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Property Details for 24 Diamond St, Slacks Creek

24 Diamond St, Slacks Creek is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 688m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in Slacks Creek in the last 12 months.

Building Type
House
Land Size
688m2

Last Listing description (July 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

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Property History for 24 Diamond St, Slacks Creek, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$925,000
03 Jul 2025
Listed for Rent
$500/w
12 Sep 2023
  • 02 Jul 2025
    Sold for $925,000
  • 05 Jun 2025
    Listed for Sale Auction 2/07/25 @ 5:30PM
  • 22 Aug 2023
    Listed for Rent $500 / week
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About Slacks Creek 4127

The size of Slacks Creek is approximately 8.5 square kilometres. It has 24 parks covering nearly 16.8% of 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 30-39 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 4,877 properties. Over the last 5 years, Houses in Slacks Creek have seen a 149.16% increase in median value, while Units have seen a 193.24% increase. As at 30 November 2025:

  • The median value for Houses in Slacks Creek is $841,653 while the median value for Units is $573,591.
  • Houses have a median rent of $580 while Units have a median rent of $458.
There are currently 29 properties listed for sale, and 22 properties listed for rent in Slacks creek on OnTheHouse. According to Cotality's data, 205 properties were sold in the past 12 months in Slacks creek.

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Jas Singh
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Ray White - Springwood
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