SOLD
RECENT ADVICE
Sold on 02 Aug 2024 - Price Unavailable

1 Panorama Drive
Biloela QLD 4715

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 1 Panorama Dr, Biloela

1 Panorama Dr, Biloela is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Biloela in the last 12 months.

Building Type
House
Local Government
Banana Shire
Lot/Plan
1/SP226565

Last Listing description (August 2024)

Explore the potential of this low-set brick home nestled in a quiet residential estate, offering a reliable income stream and a history of long-term tenancies.

Managed by Ray White Biloela since construction, the property is currently returning $460/week with a secure corporate lease in place until 9 July 2025.

Features include an open-plan living room, kitchen and dining room with split-system air-conditioning and ceiling fans. The U-shaped kitchen boasts a gas cooktop, a dishwasher and a breakfast bar.

There are four well-appointed bedrooms, each with ceiling fans and built-in wardrobes. The master bedroom is air-conditioned and has an ensuite for added privacy and comfort.

The family bathroom is equipped with a shower, bathtub, and separate toilet.

Car accommodation is delivered by way of a double lock up garage with a combined laundry and direct access into the home and back yard. There is also a 4x4* lawn locker for garden storage.

The 834sqm* allotment has a secured back yard away from the road, offering security and privacy for children and pets.

This property offers a blend of modern comfort, reliable rental income, and long-term investment potential. This is your opportunity to secure immediate returns in a 0% vacancy rental market.

• Rates for half year ending 30 June 2024 - $2,149.32 (after discount).
• Tenants pay full water usage.

Contact Bronte Newling at Ray White Biloela for further information or to arrange a private inspection.

*Approx

Property History for 1 Panorama Dr, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
02 Aug 2024
Listed for Rent
$420/w
07 Jun 2023
  • 27 Jul 2024
    Sold for $360,000
  • 09 Jul 2024
    Listed for Sale $360,000
  • 07 Jun 2023
    Listed for Rent $420 / week
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About Biloela 4715

The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2011 was 5,884 people. By 2016 the population was 5,770 showing a population decline of 1.9% in the area during that time. The predominant age group in Biloela is 0-9 years. Households in Biloela are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Biloela work in a trades occupation. In 2011, 57.3% of the homes in Biloela were owner-occupied compared with 57.5% in 2016.

Biloela has 2,904 properties. Over the last 5 years, Houses in Biloela have seen a 78.40% increase in median value, while Units have seen a -43.72% decrease. As at 31 October 2024:

  • The median value for Houses in Biloela is $303,893 while the median value for Units is $228,722.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 35 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Biloela.

Suburb Insights for Biloela 4715

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Contact agent
Bronte Newling
Show contact details
Ray White Biloela
Preferred contact:
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.