SOLD
Sold on 07 Aug 2024 for $565,000

5 Geoffrey Thomas Drive
Bucasia QLD 4750

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 70m2
Land area: 800m2
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Property Details for 5 Geoffrey Thomas Dr, Bucasia

5 Geoffrey Thomas Dr, Bucasia is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 800m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom Unit sold in Bucasia in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
70m2
Land Size
800m2
Local Government
Mackay Regional
Lot/Plan
29/RP732150

Last Listing description (May 2015)

* Solid block 2 bedroom villas
* Unbelievable 7.5% return with long term tenants wanting to resign long term leases
* One villa has brand new kitchen

* Fully air conditioned
* Tiled open plan living
* Near new paint and very well maintained
* Low maintenance building with internal block walls and tiled through out
* 2 carports with an additional large 7x3 lock-up garage
* Potential to further capitalize by extending and increasing rental income
* Development opportunity to turn them into 2 x 3 bedroom units
* Quiet neighbourhood with no rear neighbours
* Close to beach, shopping centre, corner block and bus stop just out the front

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Property History for 5 Geoffrey Thomas Dr, Bucasia, QLD 4750

A timeline of how this property has performed in the market
Last Sold
$565,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $565,000
  • 26 Nov 2021
    Sold for $435,000
  • 06 Jun 2014
    Listed for Sale Offers in the $300,000's
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About Bucasia 4750

The size of Bucasia is approximately 10.5 square kilometres. It has 10 parks covering nearly 4% of total area. The population of Bucasia in 2011 was 4,257 people. By 2016 the population was 4,786 showing a population growth of 12.4% in the area during that time. The predominant age group in Bucasia is 0-9 years. Households in Bucasia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bucasia work in a trades occupation. In 2011, 69.6% of the homes in Bucasia were owner-occupied compared with 61.4% in 2016.

Bucasia has 2,148 properties. Over the last 5 years, Houses in Bucasia have seen a 66.12% increase in median value, while Units have seen a 91.73% increase. As at 30 November 2024:

  • The median value for Houses in Bucasia is $625,590 while the median value for Units is $287,678.
  • Houses have a median rent of $620 while Units have a median rent of $380.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Bucasia on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Bucasia.

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