FOR SALE
285000 FIRM

27 Trower Street
Tully QLD 4854

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 591m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

PRIME INVESTMENT OPPORTUNITY -13% ROI- SOLID 4 BRM WALK CBD, NEAR MISSION BEACH- YOUR GATEWAY TO SERENITY & ADVENTURE- $285,000 FIRM

This four bedroom home is not only suitable as a family residence but also serves as an ideal investment property. It is currently rented at $340 per week, providing a steady rental income for potential investors.
Upon entering the front, you step into a spacious open plan area that includes the kitchen, living, and dining areas. The L-shaped kitchen offers ample space, allowing for the addition of an island bench if desired. Additionally, there is a walk-in pantry or storage area for added convenience.
All of the bedrooms in the house are carpeted and equipped with air conditioning for optimal comfort. The bathroom features a shower, and there is a separate toilet. An internal laundry is also present, providing easy access to the clothesline. Adjacent to the home, you'll find a two-vehicle carport for parking convenience.
In addition to its rental potential, the property boasts a desirable feature: it is situated on the riverfront. This scenic location adds to the property's appeal and potential value.
Regarding the costs associated with the property, the approximate rates are $1800 per half year. This information is provided to give potential investors an idea of the ongoing expenses associated with the property.
In summary, this four bedroom home offers not only a great living space but also a lucrative investment opportunity. With its current rental income, riverfront location, and approximate rates, it presents an attractive option for investors seeking a profitable investment property.
Annual Rental Income = $17,680 (as calculated previously)
Annual Expenses = $3,600 (rates)
ROI = 13.94%

Property Details for 27 Trower St, Tully

27 Trower St, Tully is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 591m2. The place is currently for sale with @realty.

Building Type
House
Land Size
591m2

Commute Calculator

About Tully 4854

The size of Tully is approximately 16.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Tully in 2011 was 2,435 people. By 2016 the population was 2,386 showing a population decline of 2.0% in the area during that time. The predominant age group in Tully is 20-29 years. Households in Tully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tully work in a labourer occupation. In 2011, 55.7% of the homes in Tully were owner-occupied compared with 56.2% in 2016.

Tully has 1,384 properties. Over the last 5 years, Houses in Tully have seen a 78.14% increase in median value, while Units have seen a 84.58% increase. As at 31 October 2024:

  • The median value for Houses in Tully is $321,217 while the median value for Units is $209,391.
  • Houses have a median rent of $340 while Units have a median rent of $300.
There are currently 76 properties listed for sale, and 12 properties listed for rent in Tully on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Tully.

Tully Profile Page

Suburb Insights for Tully 4854

Visit Tully profile page
Market Insights
Tully Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Tully Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Tully profile page
Contact agent
Jean Laterre
Show contact details
Call agent
@realty
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED