SOLD
Sold on 07 Aug 2024 for $25,000

43 Grevillea Street
Biloela QLD 4715

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 622m2
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Property Details for 43 Grevillea St, Biloela

Building Type
Land
Year Built
1970
Floor Size
93m2
Land Size
622m2
Local Government
Banana Shire
Lot/Plan
30/RP604824

Last Listing description (August 2021)

Low set duplex in arguably one of the most potentially, promising areas of town.
Zoned Centre Zone (formerly Commercial), the opportunities of securing this property are extremely tempting.

The absolute CBD location is next door to The Oxley Clinic (Medical Practice), across the street from the local Post Office and Ace Medical Centre. Step out of the back gate and you're meters from Woolworths Supermarket.

You can leave your car parked in the covered carport and walk everywhere you need to be.
Currently a tenanted duplex comprising of 2 units.

Each unit has air-conditioning and ceiling fans, separate living and dining rooms and two bedrooms.

Unit 2 has an additional room which could pass as a sleepout/extra bedroom or office.
A very tidy property which is currently returning $470/week collectively, with secure leases in place until 2022.

Fully fenced 622sqm* allotment featuring private, rear lane access.

Private inspections available upon request.
*Approx

Property History for 43 Grevillea St, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
$25,000
07 Aug 2024
Listed for Rent
$100/w
11 Apr 2007
  • 07 Aug 2024
    Sold for $25,000
  • 29 Jul 2021
    Sold for $275,000
  • 27 Jul 2021
    Listed for Sale $275,000
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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 2,904 properties. Over the last 5 years, Houses in Biloela have seen a 73.05% increase in median value, while Units have seen a -31.86% decrease. As at 31 July 2024:

  • The median value for Houses in Biloela is $300,213 while the median value for Units is $171,968.
  • Houses have a median rent of $400 while Units have a median rent of $290.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Biloela on OnTheHouse. According to CoreLogic's data, 165 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.