OFF MARKET

29 Penrose Circuit
Blackwater QLD 4717

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 880m2
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Last updated 15 Jul 2024
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Property Details for 29 Penrose Cct, Blackwater

Building Type
Land
Land Size
880m2
Local Government
Central Highlands Regional
Lot/Plan
406/SP243893

Last Listing description (December 2023)

Land Banking or Investing, Sapphire Has you Covered in QLD
880m2 Registered Lot
- 27.2m (Frontage) x 31.7 m (Depth)

- Master planned Subdivision with All Services
- 2 Min Drive to Shopping Centre
- 5 Min Drive to School & Hospital
- 7 Min Drive to Train
About Blackwater:
- Booming Up-coming Regional Town in QLD
- 2 Hrs Drive from Rockhampton
Growth Data:
- 20.7% Growth This Year in Property Prices
- Compound Year on Year Growth 20.7%
- Rental Yield 9.5% with Average Rental of $450- $480/wk for a 4 bed House.

Disclaimer: - Sapphire Estate Agents believes that all information contained herein to be true and correct to the best of our ability and in no way misleading, however, all interested parties are advised to carry out their own inquiries and relevant searches.

Property History for 29 Penrose Cct, Blackwater, QLD 4717

A timeline of how this property has performed in the market
Last Sold
$35,000
15 Aug 2023
  • 17 Aug 2023
    Listed for Sale Guide $35,000-$40,000
  • 15 Aug 2023
    Sold for $35,000
  • 06 Oct 2021
    Sold for $19,000

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About Blackwater 4717

The size of Blackwater is approximately 657.3 square kilometres. It has 15 parks covering nearly 0.3% of total area. The population of Blackwater in 2011 was 5,100 people. By 2016 the population was 4,751 showing a population decline of 6.8% in the area during that time. The predominant age group in Blackwater is 30-39 years. Households in Blackwater are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackwater work in a machinery operators and drivers occupation. In 2011, 36.2% of the homes in Blackwater were owner-occupied compared with 29.7% in 2016.

Blackwater has 2,778 properties. Over the last 5 years, Houses in Blackwater have seen a 90.52% increase in median value, while Units have seen a 75.52% increase. As at 30 September 2024:

  • The median value for Houses in Blackwater is $220,655 while the median value for Units is $294,940.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 24 properties listed for sale, and 13 properties listed for rent in Blackwater on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Blackwater.

Suburb Insights for Blackwater 4717

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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.