SOLD
Sold on 20 Jun 2024 for $585,000

44 Raedon Street
Biloela QLD 4715

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 402m2
Land area: 3697m2
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Property Details for 44 Raedon St, Biloela

Building Type
Commercial
Year Built
2001
Floor Size
402m2
Land Size
3697m2
Local Government
Banana Shire
Lot/Plan
22/B744113

Last Listing description (November 2020)

PROPERTY ADDRESS
44 Raedon Street Biloela Qld 4715.

REAL PROPERTY DESCRIPTION

Lot 22 on B744113, freehold area 3,697 square metres.

PROPERTY DETAILS
Located in the Biloela industrial Precinct, zoning Industrial, land area of 3,697 square metres, flat level allotment. Structural improvements comprise total building area of 401* square metres.
- Modern office and reception area of 35* square metres
- Amenities area of 32* square metres
- Warehouses and workshop area of 334* square metres
- Addition mezzanine storage area.
- Current lease 1/2/2018 to 31/1/2028 plus 2 x 5-year options.
- Room to build additional sheds or for hard stand area.
*approximate

Sale $570,000

Mark Simpson 0418 792 647

Property History for 44 Raedon St, Biloela, QLD 4715

A timeline of how this property has performed in the market
Last Sold
$585,000
20 Jun 2024
Listed for Rent
$479/w
24 Dec 2015
  • 20 Jun 2024
    Sold for $585,000
  • 09 Nov 2020
    Sold for $570,000
  • 19 Oct 2020
    Listed for Sale $570,000
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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 2,907 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.