FOR SALE
Offers Over $2,500,000

Lot 908/69-71 New England Highway
Mount Kynoch QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 38600m2
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Large 3.86ha Residential Development Site in High Growth Corridor

On behalf of our valued client L J Hooker Toowoomba Commercial are pleased to present to the market for sale Proposed Lot 908 69-71 New England Highway, Mount Kynoch.
Situated in the Northern corridor of Toowoomba and with major federal, state, and private development underway or planned for this corridor.
The current state of Toowoomba residential market allows the eventual purchaser the unique proposition of a large residential development block with as of right zoning and substantial market activity in the surrounding areas and new lots coming to market providing immediate feedback to the end purchaser to inform the end product of this site.
This opportunity features:
- Striking 38,605m2 allotment boasting uninhibited exposure to The New England
Highway
- Supported by favourable planning guidelines (see Town Planning Advice)
- Site has exposure to over 20,000+ passing vehicles daily along the New England
Highway
- Over the past three years Toowoomba has seen a substantial growth in its population
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Property Details for Lot 908/69-71 New England Hwy, Mount Kynoch

Building Type
Commercial
Floor Size
1m2
Land Size
38600m2

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About Mount Kynoch 4350

The size of Mount Kynoch is approximately 3.3 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Mount Kynoch in 2011 was 163 people. By 2016 the population was 256 showing a population growth of 57.1% in the area during that time. The predominant age group in Mount Kynoch is 20-29 years. Households in Mount Kynoch are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Kynoch work in a professional occupation. In 2011, 73.9% of the homes in Mount Kynoch were owner-occupied compared with 47.6% in 2016.

Mount Kynoch has 123 properties. Over the last 5 years, Houses in Mount Kynoch have seen a 68.75% increase in median value, while Units have seen a 4.06% increase. As at 30 November 2024:

  • The median value for Houses in Mount Kynoch is $687,512 while the median value for Units is $599,323.
  • Houses have a median rent of $590.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Mount kynoch on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Mount kynoch.

Suburb Insights for Mount Kynoch 4350

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Christopher Stewart
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LJ Hooker Commercial 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.