62/47 Freshwater Street, Thornlands, QLD 4164 | Property Value & History | OnTheHouse
OFF MARKET

62/47 Freshwater Street
Thornlands QLD 4164

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 118m2
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Property Details for 62/47 Freshwater St, Thornlands

62/47 Freshwater St, Thornlands is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 118m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Townhouse
Year Built
2015
Floor Size
97m2
Land Size
118m2
Local Government
Redland
Lot/Plan
62/SP271807

Last Listing description (August 2021)

$399,000.

POSITIVE CASH-FLOW of $93.82 PER WEEK!!

This is a rear opportunity to buy a very affordable low-maintenance property.

Positive Cash-Flow Break-Down:

Annual rent income = $21,060.
Annual expenses = $6,704 (Includes Rates, Body Corporate fees, Landlord insurance).
Annual net income = $14,356 (Weekly net income $276.00).
Annual loan repayments = $9,477 (Loan amount = $379,050 @ 2.5% I/O, 5% deposit).
Annual surplus after expenses = $4,879 ($93.82 per week).

Investors or first home owners looking to get into the market should grab this rare opportunity before prices rise too high.

This modern double storey unit is only five years old. It is situated in a master planned community that is built for the person who has low-maintenance in mind and wants all the luxuries of a five star resort.
>> The home comprises of an open plan lounge and dining area.
>> Tiled living area.
>> Well-equipped modern kitchen with dishwasher, pantry, quality stainless appliances and stone benches.
>> Three (3) good size bedrooms and two bathrooms with ensuite to the master bedroom.
>> Downstairs powder room/toilet.
>> Air conditioning and ceiling fans.
>> Alfresco covered outdoor entertaining area with a private courtyard.
>> Lock up garage with automatic door and internal access.
>> NBN internet.
>> Security screens.
>> BBQ facilities for larger groups and a massive internal park exclusively for residences.
>> Walking distance to shops, schools and transport.

This property is available for inspection ANYTIME by appointment. Please call us on our 24 hour hotline number now 07 32076000.
To obtain the address please call or email us and we will send it to you as soon as possible.

Property History for 62/47 Freshwater St, Thornlands, QLD 4164

A timeline of how this property has performed in the market
Last Sold
$399,000
27 Jul 2021
Listed for Rent
17 Oct 2015
  • 27 Jul 2021
    Sold for $399,000
  • 19 Nov 2020
    Listed for Sale CASH-FLOW POSITIVE
  • 29 Jun 2018
    Listed for Sale OFFERS INVITED!!!
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About Thornlands 4164

The size of Thornlands is approximately 21.7 square kilometres. There are 34 parks, covering nearly 7.1% of the total area. The population of Thornlands in 2016 was 14694 people. By 2021 the population was 19263 showing a population growth of 31.1% in the area during that time. The predominant age group in Thornlands is 10-19 years. Households in Thornlands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornlands work in a professional occupation.In 2021, 71.10% of the homes in Thornlands were owner-occupied compared with 73.60% in 2016.

Thornlands has 8,185 properties. Over the last 5 years, Houses in Thornlands have seen a 81.72% increase in median value, while Units have seen a 77.57% increase. As at 31 July 2026:

  • The median value for Houses in Thornlands is $1,307,231 while the median value for Units is $806,233.
  • Houses have a median rent of $780 while Units have a median rent of $650.
There are currently 79 properties listed for sale, and 7 properties listed for rent in Thornlands on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Thornlands.

Suburb Insights for Thornlands 4164

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.