15 Meibusch StreetRangeville QLD 4350
Property Details for 15 Meibusch St, Rangeville
15 Meibusch St, Rangeville is a 2 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces. The property has a land size of 617m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom DuplexSemi-detached sold in Rangeville in the last 12 months.
Last Listing description (August 2024)
Discover a fantastic investment opportunity with this solid duplex, perfectly positioned in the heart of Rangeville. This property features two well-proportioned 2-bedroom units:
• Unit 1: Has had an update, currently earning $265 per week until November 4, 2024, with a new appraisal suggesting a potential rent of $350 per week.
• Unit 2: Maintains its original condition, currently earning $230 per week until February 5, 2025, with a new appraisal suggesting a potential rent of $300 per week.
Both units offer:
• 2 built-in bedrooms
• 1 bathroom
• Open-plan kitchen and living areas
• Single carport
Conveniently located just a short stroll from parkland, local shopping centres, and within the Rangeville State School catchment, this duplex is set in a quiet, peaceful area with superb tenants who keep the property immaculate. With a combined current rental return of $495 per week, and possibility of a future return of $650 per week this is an excellent investment opportunity.
Don't miss out on this prime location with great rental potential!
Property History for 15 Meibusch St, Rangeville, QLD 4350
- 16 Aug 2024Sold for $630,000
- 30 Jul 2024Listed for Sale SOLD $630,000
- 23 Feb 2011Listed for Rent - Price not available
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About Rangeville 4350
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2011 was 8,216 people. By 2016 the population was 8,313 showing a population growth of 1.2% in the area during that time. The predominant age group in Rangeville is 40-49 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation. In 2011, 72.6% of the homes in Rangeville were owner-occupied compared with 71.8% in 2016.
Rangeville has 4,125 properties. Over the last 5 years, Houses in Rangeville have seen a 61.70% increase in median value, while Units have seen a 67.87% increase. As at 31 July 2024:
- The median value for Houses in Rangeville is $788,578 while the median value for Units is $496,836.
- Houses have a median rent of $550 while Units have a median rent of $398.
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