43 Elkhorn AvenueBellara QLD 4507
Property Details for 43 Elkhorn Ave, Bellara
43 Elkhorn Ave, Bellara is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 306m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Bellara in the last 12 months.
Last Listing description (October 2024)
Rare opportunity to buy a blend of residential and shop in a central location in Bellara. Downstairs is a 69m2 office/shop space ready to rent with ladies and gents toilets and a/c included. Upstairs there is a renovated 3 bedroom residence with 2 large balconies. Includes a lock up garage and 3 under building carports. Double brick construction with suspended slab between levels. Live upstairs and run your own business, live up and rent downstairs out, or rent both out for a full return. Currently on 1 title, with potential to strata title.
Potential rent:
Upstairs unit $23,400 p.a. @ $450 per week
Total gross return potential of $49,400 per annum.
Outgoings which can be offset and charged back to the shop tenant when leased
Rates: $700.00/quarter
Insurance: $4,360.00
Property History for 43 Elkhorn Ave, Bellara, QLD 4507
- 16 Oct 2024Listed for Rent $560 / week
- 22 Jun 2024Sold for $830,000
- 26 Feb 2024Listed for Sale Sold
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About Bellara 4507
The size of Bellara is approximately 2.1 square kilometres. It has 7 parks covering nearly 9.7% of total area. The population of Bellara in 2011 was 3,156 people. By 2016 the population was 3,247 showing a population growth of 2.9% in the area during that time. The predominant age group in Bellara is 60-69 years. Households in Bellara are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellara work in a trades occupation. In 2011, 59.1% of the homes in Bellara were owner-occupied compared with 58.9% in 2016.
Bellara has 1,988 properties. Over the last 5 years, Houses in Bellara have seen a 85.62% increase in median value, while Units have seen a 80.64% increase. As at 30 September 2024:
- The median value for Houses in Bellara is $704,454 while the median value for Units is $633,194.
- Houses have a median rent of $543 while Units have a median rent of $468.
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