FOR SALE
Offers Over $599,000

11 Farrer Street
Cranley QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 315m2
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PERFECT INVESTMENT OPPORTUNITY - 2 YEAR LEASE @ $550/WEEK

Sitting behind a tall timber fence to ensure ultimate privacy, this modern & well executed home is just minutes from the upcoming new Toowoomba Hospital. This property is perfectly positioned in an area experiencing rapid growth and high demand. Already tenanted for 2 years at $550/week, you won't have to do a thing -just sit back and reap the benefits of this perfect investment!
Features include:
- 4 bedrooms, with built-ins and ceiling fans, main with WIR
- 2 bathrooms
- Double car lock up remote garage
- Modern kitchen with gas cooktop, quality stainless steel appliances and dishwasher
- Tiled living and dining
- Reverse cycle air conditioner
- Covered alfresco area
- Low maintenance yard
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Property Details for 11 Farrer St, Cranley

11 Farrer St, Cranley is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 315m2. The place is currently for sale with ithink Property Toowoomba.

Building Type
House
Land Size
315m2

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About Cranley 4350

The size of Cranley is approximately 10.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Cranley in 2011 was 851 people. By 2016 the population was 1,444 showing a population growth of 69.7% in the area during that time. The predominant age group in Cranley is 70-79 years. Households in Cranley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranley work in a trades occupation. In 2011, 77.2% of the homes in Cranley were owner-occupied compared with 66.4% in 2016.

Cranley has 866 properties. Over the last 5 years, Houses in Cranley have seen a 92.95% increase in median value, while Units have seen a 88.44% increase. As at 30 November 2024:

  • The median value for Houses in Cranley is $655,937 while the median value for Units is $522,727.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Cranley.

Suburb Insights for Cranley 4350

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Ben Walker
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Brodi Liston
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ithink Property Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.