1008 Narangba

Property Overview

Categoryduplex
Market price$706,000
Market rent$800 p/wk
Yield5.89%
Bedrooms6
Bathrooms4
Carports2
Garages
Address1008,Hollow Crescent
SuburbNarangba
StateQLD
Postcode4504

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Kuranda 280m2 Duplex - Narangba

Narangba is a suburb in the Moreton Bay Region of Queensland. It has a population of 16,223 people and 21.77% of its occupants live in rental accommodation. The median listing price for houses is $433,500 and this has changed 5.73% over the past year and changed 2.50% over 2 years. Growth is accelerating.

The median rent in Narangba for houses is $400 per week. The current rental vacancy rate is just 1.54%, making good property in high rental demand.

Narangba offers good schools combined easy access to the Highway & railway. The residential block sizes are, on average, a little larger in many of the estates and offer good value for money, compared to some suburbs in the area.

A great place for kids to grow up, good schooling, with fantastic neighbours. Schools are great. Locals say the Narangba Valley State School is amazing. The school has grown to it's current size from its infancy. Even though it's got a large number of enrolments (over 1000 students), it still feels like a small school. They manage lots of activities like book week parades, under 8's week, and school discos which are detailed, well planned events. Big School, Small personal school feel.

Great services, shops, takeaways, gyms, mechanics, sporting teams, it's all here. And only a short trip to North Lakes and everything it offers by way of the majors, especially with the Boundary Rd entrance opened up. Costco on your doorstep (15 mins away), and the largest Bunnings in Qld is just at the Boundary Rd end

Regional infrastructure

The Moreton Bay region is close to major export infrastructure in Brisbane, including ports and airports (domestic and international).

The region also offers:
~ good road infrastructure
~ diverse skilled labour, particularly in high-value occupational types such as manufacturing and professional services
~ large areas of available industrial land, such as at Brendale and Narangba industrial estates.
~ $105 million upgrade of the Boundary Road Interchange near Narangba.

Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said "The upgrade will boost the interchange's capacity and enhance safety for motorists who use this section of the highway. As an added bonus, pedestrians and cyclists will have improved access,"
Construction is set to start by mid-2016. The Palaszczuk Government is committed to improving the safety of Queensland's vast road network, creating jobs and building much needed infrastructure.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.