SOLD
Sold on 06 Feb 2024 for $260,000

161 Rainbow Street
Biloela QLD 4715

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 913m2
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Property Details for 161 Rainbow St, Biloela

161 Rainbow St, Biloela is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 913m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Biloela in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
88m2
Land Size
913m2
Local Government
Banana Shire
Lot/Plan
54/B74450

Last Listing description (March 2024)

This cosy home offers a blend of comfort and practicality and is situated on a generous 913sqm* corner allotment, within walking distance to local Schools and Sporting Fields.

Whether you are looking to invest or an affordable home to occupy, this property presents an attractive opportunity.

Features include:

Combined kitchen and dining room with an electric freestanding stove.
Separate, carpeted living room with air-conditioning.
Three bedrooms with split-system air conditioners. Two bedrooms with built-in wardrobes.
Ceiling fans throughout.
Functional bathroom with a shower and toilet.
Under covered timber deck with privacy roll down blinds.
External secured laundry.
9x6m powered shed with a double carport awning, as well as two separate lawn lockers.
4.6KW solar system.
Security screens throughout.
Fully fenced yard with established lawns, gardens and hedging along the boundary for privacy.
2700L rainwater tank.
Roof replaced in 2016.

Estimated rental return - $350 - $380 per week.
Rates for half year ending 31/12/2023 - $2,000*

An inspection is a must to appreciate all that is on offer. For more information and to arrange your private inspection, contact Bronte Newling at Ray White Biloela.

*Approx

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Property History for 161 Rainbow St, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
$260,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $260,000
  • 12 Oct 2023
    Listed for Sale $259,000
  • 04 May 2012
    Transferred for $105,000
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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 2,905 properties. Over the last 5 years, Houses in Biloela have seen a 67.28% increase in median value, while Units have seen a -48.01% decrease. As at 30 September 2024:

  • The median value for Houses in Biloela is $296,145 while the median value for Units is $187,540.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 33 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 175 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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