FOR SALE
$295,000 = Over 10.5% Return (Rented at $600 p/w)

46 Forrest Drive
Moranbah QLD 4744

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 809m2
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IMMEDIATE RETURNS OF OVER 10.5% !!!

With it’s serene bushland backdrop and easy access to the Golf Course, as well as being under a minutes’ walk to the school, it’s no wonder this charming home is the perfect rental property for those seeking an instant positive-cashflow property.
Rented on a fixed term lease until 20/6/25 at $600 per week, this property has recently been painted and is low in maintenance.
SOME OF THE MANY FEATURES YOU WILL LOVE:
- Easy access to the Golf Course at the rear
- Under 1 minute walk to the high school in a quiet no-through street
- Striking polished timber floors
- Modern kitchen
- Tidy bathroom with shower over bath tub
- Heaps of storage throughout the home!
- Fully air-conditioned with fans throughout
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Property Details for 46 Forrest Dr, Moranbah

46 Forrest Dr, Moranbah is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 809m2. The place is currently for sale with MARIE DOWIE: INFINITY PROPERTY SPECIALISTS.

Building Type
House
Land Size
809m2

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About Moranbah 4744

The size of Moranbah is approximately 3,041.2 square kilometres. It has 31 parks covering nearly 0.1% of total area. The population of Moranbah in 2011 was 8,965 people. By 2016 the population was 8,739 showing a population decline of 2.5% in the area during that time. The predominant age group in Moranbah is 0-9 years. Households in Moranbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moranbah work in a trades occupation. In 2011, 30.4% of the homes in Moranbah were owner-occupied compared with 20.9% in 2016.

Moranbah has 4,435 properties. Over the last 5 years, Houses in Moranbah have seen a 44.70% increase in median value, while Units have seen a 95.91% increase. As at 30 September 2024:

  • The median value for Houses in Moranbah is $341,407 while the median value for Units is $359,536.
  • Houses have a median rent of $650 while Units have a median rent of $685.
There are currently 64 properties listed for sale, and 15 properties listed for rent in Moranbah on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Moranbah.

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Marie Dowie
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MARIE DOWIE: INFINITY PROPERTY SPECIALISTS
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