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2/26 Lorraine Court, Andergrove$412,500
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Soldhouse

2/26 Lorraine Court

Andergrove, QLD 4740, Australia
$412,500
2 bed 1 bath 2 car88 m²

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About this property

'Janice Close' a complex of just three delightful units, ideally positioned in a quiet cul-de-sac only a short stroll to Gillham's Park. Convenience is at your doorstep, with the tavern, supermarkets, butcher, bakery, medical centre and chemist all within easy distance. Unit 2 presents as an outstanding investment opportunity, currently tenanted by an exceptional long-term occupant who takes immaculate care of the property. The lease is secured at $420 per week until 27 November 2026, with a projected rental increase of approximately $470 - $550 per week, offering strong future returns. Set in a tightly held complex where two of the three units are privately owned, this well-presented property offers investors a low-maintenance, set-and-forget opportunity in a highly convenient location. Features include: • 2 air-conditioned bedrooms with built-in wardrobes • Air-conditioned living area • Good kitchen • Security screens on all doors and windows • Single lock-up tiled garage • Low Body Corporate fees: $50 p.w. The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
88 m²
Listed
3 months ago

Repayment calculator

$2,000/month
$1,000 /fortnight
Loan $330,000 at 6.10% over 30 years

Upfront costs

Deposit$82,500
Stamp duty$12,863
Conveyancing (est.)$2,000
Total upfront$97,363
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Andergrove

This 2-bedroom house in Andergrove, QLD 4740 sits within reach of public transport, local shops and nearby schools. It is listed 41% below the $699,000 median of 66 comparable houseswithin 5 km.

Schools near Andergrove

  • Andergrove State Schoolprimary · Prep-6 · CoEd
  • MacKillop Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Pioneer State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)809 m away
  • Coles656 m away
  • Unnamed505 m away
  • Unnamed572 m away
  • Inglewood Close Park899 m away

Andergrove at a glance

Full suburb profile
Population
9,924
Median age
36
Household income
$1,735/wk
Median rent
$350/wk
Median mortgage
$1,647/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Andergrove price trend

Median sold · House 2 bed

Compound growth +9.5% / yr over 4 yrs

$450kcurrent median

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