FOR SALE
405,000 Neg

18 May Street
Gin Gin QLD 4671

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Land area: 1012m2
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Exceptional Investment Opportunity in Prime Location!

Discover 18 May Street, Gin Gin - a standout investment gem offering boundless potential in a prime central location. This charming 5-bedroom, 2-sleepout, 1-bathroom home sits on a generous 1,012m² block, ideal for future development or expansion.
Currently tenanted and generating a solid rental income of $475 per week, this property offers immediate financial benefits. Its cozy cottage vibe, spacious living areas, and beautiful hardwood floors add a touch of character and warmth.
Strategically located across from the primary school, and just a stone's throw from the doctors, supermarket, chemist, and other essential amenities, convenience is at your doorstep. You're also within walking distance of the kindergarten, childcare, and local recreational facilities, making it an ideal spot for families.
Additional features include a garage space underneath the house, perfect for vehicle storage or outdoor gear.
With a competitive price guide of $405,000 Neg, this property is a remarkable opportunity for both first-time buyers and savvy investors. Don't let this chance slip by - schedule a viewing today and envision your future on May Street, Gin Gin!
*All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. Sutton Nationwide Realty (Sutton Nationwide Realty Pty Ltd) bears no liability for any loss sustained due to inaccuracy or omission.*

Property Details for 18 May St, Gin Gin

18 May St, Gin Gin is a 5 bedroom, 1 bathroom House. The property has a land size of 1012m2. The place is currently for sale with Sutton Nationwide Realty.

Building Type
House
Land Size
1012m2

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About Gin Gin 4671

The size of Gin Gin is approximately 33.8 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Gin Gin in 2011 was 1,190 people. By 2016 the population was 1,066 showing a population decline of 10.4% in the area during that time. The predominant age group in Gin Gin is 60-69 years. Households in Gin Gin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gin Gin work in a labourer occupation. In 2011, 62.8% of the homes in Gin Gin were owner-occupied compared with 58.8% in 2016.

Gin Gin has 806 properties. Over the last 5 years, Houses in Gin Gin have seen a 126.28% increase in median value, while Units have seen a 743.86% increase. As at 31 July 2024:

  • The median value for Houses in Gin Gin is $351,298 while the median value for Units is $317,222.
  • Houses have a median rent of $440.
There are currently 13 properties listed for sale, and no properties listed for rent in Gin gin on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Gin gin.

Suburb Insights for Gin Gin 4671

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Julie Sutton
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Ian Sutton
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Sutton Nationwide Realty
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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.