FOR SALE
From $949,000

39-41 Raff Street
Toowoomba City QLD 4350

Bedrooms: 13
Bathrooms: 8
Car spaces: 3
Land area: 1829m2
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Rare Investment Opportunity! Buy One or Buy Both!

Price Guide:
41 Raff Street, Toowoomba City - Offers Over $949,000
39 & 41 Raff Street, Toowoomba City - Offers Over $1,650,000
Presenting a rare investment opportunity, 39 & 41 Raff Street in Toowoomba City offer an unparalleled chance for savvy investors to secure prime real estate with substantial rental returns. Situated in a highly sought-after location within walking distance to the Toowoomba CBD and TAFE, these properties are ideal for those looking to expand their portfolio with a strong rental income and future growth potential.
Combined:
- 2 Titles
- 1,829m2 (total land)
- 8 Units
- $2,390 per week (approx. $124,280 per annum) Gross income
- 2 Street Access
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Property Details for 39-41 Raff St, Toowoomba City

39-41 Raff St, Toowoomba City is a 13 bedroom, 8 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 1829m2. The place is currently for sale with RE/MAX Success.

Building Type
BlockOfUnits
Land Size
1829m2

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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,365 properties. Over the last 5 years, Houses in Toowoomba City have seen a 86.79% increase in median value, while Units have seen a 73.96% increase. As at 30 November 2024:

  • The median value for Houses in Toowoomba City is $628,508 while the median value for Units is $432,127.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 26 properties listed for sale, and 117 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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James O'Donohue
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Shaun Blackburn
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RE/MAX Success
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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.