FOR SALE
FOR SALE

29 Orange Street
Runcorn QLD 4113

Bedrooms: 6
Bathrooms: 3
Car spaces: 6
Land area: 835m2
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Good opportunity to have a land bank with high rental yield- Warrigal school catchment

This property in Runcorn offers a rare opportunity for investment with a substantial 835 sqm lot, full council approval, and high rental income. Here are the highlights:
Property Features
835 sqm land with 14m frontage, flat and level, offering great development potential.
Fully council-approved dwellings:
Front: 2-bedroom, 1-bathroom lowset house.
Back: Dual-living 2-story dwelling (built less than 10 years ago):
Separate entry for each level.
Each level has 2 bedrooms, 1 bathroom, and a kitchen bar.
Ample parking space for 5-6 cars
Current rental income: Approx. $1,400 per week, projected to increase to $1,500 by early 2025.
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Property Details for 29 Orange St, Runcorn

29 Orange St, Runcorn is a 6 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 835m2. The place is currently for sale with Remax Supreme.

Building Type
House
Land Size
835m2

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About Runcorn 4113

The size of Runcorn is approximately 6.5 square kilometres. It has 31 parks covering nearly 19.6% of total area. The population of Runcorn in 2011 was 14,074 people. By 2016 the population was 14,599 showing a population growth of 3.7% in the area during that time. The predominant age group in Runcorn is 20-29 years. Households in Runcorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runcorn work in a professional occupation. In 2011, 61.9% of the homes in Runcorn were owner-occupied compared with 60.8% in 2016.

Runcorn has 5,592 properties. Over the last 5 years, Houses in Runcorn have seen a 79.79% increase in median value, while Units have seen a 98.17% increase. As at 30 September 2024:

  • The median value for Houses in Runcorn is $997,104 while the median value for Units is $675,470.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 24 properties listed for rent in Runcorn on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Runcorn.

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Gordon Sui
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