FOR SALE
$649,000

69 Rainbow Street
Biloela QLD 4715

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Land area: 948m2
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A Rare Find

It's not often that a quality duplex opportunity comes to market.
This modern, low set brick property comprises of two, 3 bedroom, 2 bathroom separate units. Each with covered, single car accommodation.
A spacious air-conditioned open plan living, dining and kitchen with tiled floors for a seamless flow offer a generous amount of living space.
All bedrooms have built-in robes and ceiling fans. Unit 1 bedrooms all have air-conditioning. Unit 2 in the master only. Both master bedrooms feature ensuites.
There's a large undercover entertainment area at the rear of both residences, access available from the living rooms. A detached lawn locker for storage and a rainwater tank.
A prime location being a comfortable 6 minute* walk to Drakes Supermarket which is in the centre of the CBD.
Established tenancies in place for both units with a collective weekly, rental income of $810*.
• Council rates $2600*/ half year
• Single Title
* Approximatley

Property Details for 69 Rainbow St, Biloela

69 Rainbow St, Biloela is a 6 bedroom, 4 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 948m2. The place is currently for sale with Ray White Biloela.

Building Type
Semi-Detached
Land Size
948m2

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About Biloela 4715

The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2011 was 5,884 people. By 2016 the population was 5,770 showing a population decline of 1.9% in the area during that time. The predominant age group in Biloela is 0-9 years. Households in Biloela are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Biloela work in a trades occupation. In 2011, 57.3% of the homes in Biloela were owner-occupied compared with 57.5% in 2016.

Biloela has 2,907 properties. Over the last 5 years, Houses in Biloela have seen a 84.62% increase in median value, while Units have seen a 18.34% increase. As at 30 November 2024:

  • The median value for Houses in Biloela is $320,322 while the median value for Units is $237,010.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 34 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Biloela.

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Sharon Gallagher
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Ray White Biloela
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