SOLD
Sold on 06 Dec 2023 for $550,000

16 Mclean Street
Bundaberg Central QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 441m2
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Property Details for 16 Mclean St, Bundaberg Central

Building Type
Land
Land Size
441m2
Local Government
Bundaberg Regional
Lot/Plan
2/RP41554

Last Listing description (April 2018)

-Opportunity exists to purchase a rare inner-city commercial property under $200,000
-441m2 lot with NO EASEMENTS
-Bitumen to the curb on both sides

-Fantastic traffic flow -
-Access is easy with dual frontages
-Existing old house (very poor condition)
-Suitable for the astute investor to develop this allotment located in the heart of the expanding and vibrant Bundaberg City
-Zoned Business or Centre, Primary land use is Shops - Main Retail
-Opportunity exists for the purchaser to explore a magnitude of options potentially including a cafe, business/residential combination, retail space or whatever you may desire. (Subject to Council Approvals)

Property History for 16 Mclean St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Dec 2023
  • 06 Dec 2023
    Sold for $550,000
  • 16 Feb 2018
    Sold for $165,000
  • 09 Feb 2018
    Listed for Sale Not Disclosed

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About Bundaberg Central 4670

The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2011 was 225 people. By 2016 the population was 316 showing a population growth of 40.4% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying $1600 - $1800 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation. In 2011, 46% of the homes in Bundaberg Central were owner-occupied compared with 30% in 2016..

Bundaberg Central has 485 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 119.99% increase in median value, while Units have seen a 56.96% increase. As at 30 September 2024:

  • The median value for Houses in Bundaberg Central is $414,280 while the median value for Units is $408,212.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Bundaberg central on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Bundaberg central.

Suburb Insights for Bundaberg Central 4670

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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.