2 Hermes WayWulkuraka QLD 4305
Property Details for Lot 1/2 Hermes Way, Wulkuraka
Lot 1/2 Hermes Way, Wulkuraka is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 132m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (June 2015)
This a NRAS property with still 8 years to go to get the Tax-free Government incentive of more than $10,000 every year on top of the guaranteed rent. That's close to $90,000 for the next 8 years. This 2 year old investment property ticks all the boxes for high yield and capital gain.
This is a part of a duplex together with the property at 18 Ceres Street and both the properties are individual titled. The properties are sold individually or together. Great opportunity for an investor to buy both and receive close to $180,000 incentive from the Government for the remainder of the NRAS period and of course the guaranteed rent during that period. All the management of the property is in place. No need for the new owner to go deal with tenants. At least not for the next 8 years.
Priced at $299.000 or nearest offer.
Property History for Lot 1/2 Hermes Way, Wulkuraka, QLD 4305
- 21 Aug 2015Sold for $265,000
- 22 Apr 2015Listed for Sale $299,000
- 21 Feb 2015Listed for Rent $235 / week
Recent sales nearby
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About Wulkuraka 4305
The size of Wulkuraka is approximately 3.6 square kilometres. It has 8 parks covering nearly 11.8% of total area. The population of Wulkuraka in 2016 was 1234 people. By 2021 the population was 1325 showing a population growth of 7.4% in the area during that time. The predominant age group in Wulkuraka is 0-9 years. Households in Wulkuraka are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wulkuraka work in a trades occupation.In 2021, 44.70% of the homes in Wulkuraka were owner-occupied compared with 43.90% in 2016.
Wulkuraka has 623 properties. Over the last 5 years, Houses in Wulkuraka have seen a 147.61% increase in median value, while Units have seen a 105.71% increase. As at 30 November 2025:
- The median value for Houses in Wulkuraka is $783,943 while the median value for Units is $721,143.
- Houses have a median rent of $525 while Units have a median rent of $530.
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