FOR SALE
Offers Over $899,000

44-48 Velvet Street
Pine Mountain QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 236m2
Land area: 1.27ha
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FINISH MY RENOVATIONS AND I’LL BE YOUR DREAM HOME ON A PICTURESQUE 3 ACRE BLOCK!

This large and gorgeous family home is 80% complete and just requires some fitting off and a kitchen and laundry to be installed and it will be fully renovated and your dream home. It is located on picturesque 1.27 hectare (3 acre plus) block with two dams and a 6 metre x 9.4 metre garage with an adjoining storage shed!
The house itself has already undergone extensive renovations but the current owners are selling the home “as is” and thereby offering the new owner the option to be able to choose the style and layout of the kitchen and laundry.
There is a large covered front patio that leads you into the home where you will find a huge open plan lounge and dining rooms of the home that also feature reverse cycle split system air conditioning and adjoins what will be your dream kitchen.
Off the open plan living area there is sliding glass door access out onto the large covered rear patio that in turn overlooks one of the two dams and the entire picturesque 3 acre block.
The home has four oversized bedrooms all with carpets, fans, and built-in robes. The master bedroom also boasts reverse cycle air conditioners for year-round comfort, built-in robes plus a large walk-in robe and a stylish renovated ensuite.
The remaining three bedrooms are all serviced by the stylish renovated main bathroom.
Extras to the home include but are not limited to full concrete driveway access to the house and the massive hardstand for extra vehicle or equipment parking, two large water tank plus full mains pressure town water.
For all the investors this home has been rent appraised at $760 - $780 per week once renovations are completed.
Ipswich Council Rates: $906 per quarter
Water Charges: $60 per quarter (plus consumption)
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Property Details for 44-48 Velvet St, Pine Mountain

44-48 Velvet St, Pine Mountain is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1.27ha and floor size of 236m2. The place is currently for sale with NGU Real Estate.

Building Type
House
Year Built
1990
Floor Size
236m2
Land Size
1.27ha

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About Pine Mountain 4306

The size of Pine Mountain is approximately 38.7 square kilometres. It has 6 parks covering nearly 7.5% of total area. The population of Pine Mountain in 2011 was 1,732 people. By 2016 the population was 1,663 showing a population decline of 4.0% in the area during that time. The predominant age group in Pine Mountain is 40-49 years. Households in Pine Mountain are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pine Mountain work in a clerical occupation. In 2011, 90.2% of the homes in Pine Mountain were owner-occupied compared with 90.1% in 2016.

Pine Mountain has 645 properties. Over the last 5 years, Houses in Pine Mountain have seen a 92.64% increase in median value, while Units have seen a 317.94% increase. As at 30 September 2024:

  • The median value for Houses in Pine Mountain is $1,058,279 while the median value for Units is $328,794.
  • Houses have a median rent of $470.
There are currently 7 properties listed for sale, and no properties listed for rent in Pine mountain on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Pine mountain.

Suburb Insights for Pine Mountain 4306

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Steve Athanates
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Luke Athanates
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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.