1-3 Denby St, Baralaba is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 2016m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Baralaba in the last 12 months.
HOUSE ON TWO BLOCKS OF LAND
Where else can you buy a 3 bedroom house on two blocks of land nearly a half acre with furnishings and in a coal mining town! House is vacant at this time to allow for a new owner to buy and live here. Investors can rent looking at a return of approximately 10%. Yes, it is old and needs work but WOW does this property have options. If the mines in the area continue to expand Baralaba wants to expand with them. Currently Cockatoo Coal is operating their coal mine at Baralaba Central (just 3 kms from town) and in the process of expanding to open their Baralaba South Coal Mine (just 15 kms south of town). VALE is in the process of writing their EIS for their Belvedere Coal Mine between Moura and Baralaba. And added to all of this are the LNG projects and pipe lines to come. Currently, town has a new hospital, grocery store, newsagent, fire station, full time doctors clinic, school to year ten, ambulance station, pub and a new motel planned to be built soon. As the price indicates the owners are serious about selling.
The Sustainability Declaration Form for this property is available by contacting our office.
The size of Baralaba is approximately 373.2 square kilometres. The population of Baralaba in 2011 was 479 people. By 2016 the population was 293 showing a population decline of 38.8% in the area during that time. The predominant age group in Baralaba is 50-59 years. Households in Baralaba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Baralaba work in a managers occupation. In 2011, 67.5% of the homes in Baralaba were owner-occupied compared with 65.5% in 2016.
Baralaba has 280 properties. Over the last 5 years, Houses in Baralaba have seen a 6.37% increase in median value, while Units have seen a 1697.61% increase. As at 31 October 2024:
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