FOR SALE
New Build
$980,540

L540.Av/L540.Av Island Outlook
River Heads QLD 4655

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Floor area: 151m2
Land area: 809m2
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HUGE 4+4-bedroom Duplex Pair

DUPLEX PAIR – Dual Income + Equity Uplift
Designed to Help Reach your Goals Sooner
The KEY BENEFIT of duplex investing is Help to Reach your Goals Sooner
Duplex Homes are designed to achieve Three Key Outcomes:
• EQUITY UPLIFT: ie Equity gained through strata-titling two units built on one block.
• CAPITAL GROWTH: ie Increase in Value over time achieved sooner.
• YIELD: ie Rental Income as a percentage of the property’s value.
LOCATION:
• Island Outlook, River Heads, Hervey Bay. SEQld
• Hervey Bay is Fraser Coast's jewel in the crown, and one of Queensland's fastest growing regions. This beautiful city is ideally located 250 km north of Brisbane, with convenient access to road, rail and air, and enjoys strong growth in business, population, and industry.
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Property Details for L540.Av/L540.Av Island Otlk, River Heads

L540.Av/L540.Av Island Otlk, River Heads is a 8 bedroom, 4 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 809m2 and floor size of 151m2. The place is currently for sale with Freedom Solutions (International).

Building Type
DuplexSemi-detached
Floor Size
151m2
Land Size
809m2

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About River Heads 4655

The size of River Heads is approximately 15.8 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of River Heads in 2011 was 1,295 people. By 2016 the population was 1,532 showing a population growth of 18.3% in the area during that time. The predominant age group in River Heads is 60-69 years. Households in River Heads are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in River Heads work in a community and personal service occupation. In 2011, 70.3% of the homes in River Heads were owner-occupied compared with 74.9% in 2016.

River Heads has 1,409 properties. Over the last 5 years, Houses in River Heads have seen a 96.29% increase in median value, while Units have seen a 144.95% increase. As at 31 July 2024:

  • The median value for Houses in River Heads is $663,569 while the median value for Units is $473,461.
  • Houses have a median rent of $520.
There are currently 37 properties listed for sale, and 4 properties listed for rent in River heads on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in River heads.

Suburb Insights for River Heads 4655

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Colin Helbig
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Freedom Solutions (International)
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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.