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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

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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 84.82% increase in median value, while Units have seen a -48.35% decrease. As at 31 August 2024:

  • The median value for Houses in Biloela is $319,715 while the median value for Units is $185,769.
  • Houses have a median rent of $400 while Units have a median rent of $290.
There are currently 31 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Biloela.

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Bronte Newling
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Ray White Biloela
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