SOLD
Sold on 22 Feb 2024 for $2,768,880

36 Gladstone Road
Biloela QLD 4715

Bedrooms: -
Bathrooms: -
Car spaces: 30
Land area: 3335m2
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Property Details for 36 Gladstone Rd, Biloela

Building Type
Commercial
Land Size
3335m2
Local Government
Banana Shire
Lot/Plan
100/RP881510

Last Listing description (March 2018)

Resort Brokers ID : LH002659

28 rooms

21 years left to run on lease from 2013

Completely refurbished to 3.5AAA rated

Carpets, beds, bathrooms, cabinetry....the lot re-done!

CBD location right in town andlargest stand alone motel in town centre

Suit energetic couple with casual help

50 seat restaurant under utilised

Strong trade has responded under good management

Property History for 36 Gladstone Rd, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
$2,768,880
22 Feb 2024
  • 22 Feb 2024
    Sold for $2,768,880
  • 03 Mar 2014
    Sold for $1,850,000
  • 20 Nov 2013
    Listed for Sale $1,250,000 plus SAV
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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 2,907 properties. Over the last 5 years, Houses in Biloela have seen a 84.62% increase in median value, while Units have seen a 18.34% increase. As at 30 November 2024:

  • The median value for Houses in Biloela is $320,322 while the median value for Units is $237,010.
  • Houses have a median rent of $370 while Units have a median rent of $290.
There are currently 34 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.

Suburb Insights for Biloela 4715

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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.