FOR SALE
$399,000

8 Garnet Street
Mount Garnet QLD 4872

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 731m2
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BECOME PART OF THE NEW BREED OF ENTREPRENEURS REVIVING SMALL AUSTRALIAN COUNTRY TOWNS

Mount Garnet was once a thriving mining town and is situated less than a 2 hour drive from Innisfail on the coast, and 30 minutes from the thriving community of Ravenshoe. Now it provides an easy lifestyle for locals who see many tourists and property owners passing through or stopping to have a feed and a chat with the locals. The residents enjoy the country life while still enjoying the benefits of the larger population centres such as Ravenshoe or Atherton which are only a short drive away.
Small towns provide a village-like, community-type experience that many people hunger for and this property provides you the opportunity to be part of this community. You can live and make a nice little income either by carrying on with the popular little treasure shop and hair salon currently operating, or reinvent the space with your own vision of a sustainable business catering for locals and tourists.
The home is an absolute gem which has been meticulously maintained and presented. It is currently operating as a successful BnB attracting guests from all over the world. However, who wouldn't want to call it home and become a part of this close knit community.
FEATURES OF HOUSE INCLUDE:
• 5 Bedrooms
• Bathroom with separate toilet
• Kitchen
• Separate dining room
• Living room
• Office or 2nd living room
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Property Details for 8 Garnet St, Mount Garnet

8 Garnet St, Mount Garnet is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 731m2 and floor size of 144m2. The place is currently for sale with Raine & Horne Atherton.

Building Type
House
Floor Size
144m2
Land Size
731m2

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About Mount Garnet 4872

The size of Mount Garnet is approximately 503.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Mount Garnet in 2011 was 436 people. By 2016 the population was 419 showing a population decline of 3.9% in the area during that time. The predominant age group in Mount Garnet is 60-69 years. Households in Mount Garnet are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mount Garnet work in a labourer occupation. In 2011, 52.7% of the homes in Mount Garnet were owner-occupied compared with 53.4% in 2016.

Mount Garnet has 347 properties. Over the last 5 years, Houses in Mount Garnet have seen a 34.58% increase in median value, while Units have seen a -61.45% decrease. As at 30 September 2024:

  • The median value for Houses in Mount Garnet is $218,535 while the median value for Units is $171,479.
  • Houses have a median rent of $225.
There are currently 9 properties listed for sale, and no properties listed for rent in Mount garnet on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Mount garnet.

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Collette Rowston
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Raine & Horne Atherton
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