OFF MARKET

2 Wearne Street
Booval QLD 4304

Bedrooms: 10
Bathrooms: 6
Car spaces: 5
Floor area: 141m2
Land area: 1113m2
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Property Details for 2 Wearne St, Booval

2 Wearne St, Booval is a 10 bedroom, 6 bathroom House with 5 parking spaces and was built in 1900. The property has a land size of 1113m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
House
Year Built
1900
Floor Size
141m2
Land Size
1113m2
Local Government
Ipswich
Lot/Plan
2/RP24461

Last Listing description (March 2023)

This 3428m2 opportunity is on 4 titles with the potential to return $74,000 per annum.
The Bundamba race track redevelopment well underway with a new boutique shopping precinct, this location is outstanding. You are right in the middle of what is going on in Booval, with proposed new zoning coming soon - this is a very exciting prospect! You have the Racehorse Hotel, various fast food restaurants, a petrol station, car yards, Bunnings, Harvey Norman, and the Bundamba Train Station are all close by.

The properties:

1- 12 Stafford Street: 2 bedroom, 1 bathroom, 1 car on 697m2 returning $285 per week
2- 14 Stafford Street: 2 bedroom, 2 bathroom, 2 car on 697m2 returning $310 per week
3- 2 Wearne Street: 4 bedroom, 2 bathroom, 1 car on 1113m2 projected rent $400 per week
4- 6 Wearne Street: 2 bedroom, 1 bathroom, 1 car on 921m2 returning 260 per week
Granny flat currently returning $180 per week.

High growth location, great opportunity!

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Property History for 2 Wearne St, Booval, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$216,000
03 Feb 2007
  • 16 Dec 2020
    Listed for Sale Expressions Of Interest overe 2,200,000
  • 03 Feb 2007
    Sold for $216,000
  • 05 Oct 1983
    Sold for $54,000

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About Booval 4304

The size of Booval is approximately 1.7 square kilometres. It has 4 parks covering nearly 5.1% of total area. The population of Booval in 2011 was 2,687 people. By 2016 the population was 2,632 showing a population decline of 2.0% in the area during that time. The predominant age group in Booval is 40-49 years. Households in Booval are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Booval work in a labourer occupation. In 2011, 47.4% of the homes in Booval were owner-occupied compared with 45.3% in 2016.

Booval has 1,574 properties. Over the last 5 years, Houses in Booval have seen a 101.74% increase in median value, while Units have seen a 71.62% increase. As at 30 September 2024:

  • The median value for Houses in Booval is $590,135 while the median value for Units is $377,402.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Booval on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Booval.

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