OFF MARKET

16 Olsen Street
Bundaberg East QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 134m2
Land area: 756m2
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Property Details for 16 Olsen St, Bundaberg East

16 Olsen St, Bundaberg East is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 756m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
House
Year Built
1980
Floor Size
134m2
Land Size
756m2
Local Government
Bundaberg Regional
Lot/Plan
16/RP134030

Last Listing description (November 2017)

MAJOR PRICE REDUCTION-OWNERS READY FOR NEW CHAPTER IN LIFE

Fresh,fabulous and was high and dry during these last massive floods!! Beautifully presented, light filled interiors enhance the free-flowing open floor pan and make for easy living. Boasting an amalgamation of easy care tiling, carpet in the bedrooms and a neutral colour palette throughout that adds a delightful ambiance to the home. This residence enjoys two living spaces including a large family/dining room and a converted garage perfect for a media room, rumpus or possible 4th bedroom.

The modern kitchen has ample bench and cupboard space and has been updated with a new stove. The stylish bathroom is the perfect place to relax and unwind after a long day at work.

The rental return on this property will more than pay for the investment as a rental return of between $300 and $315 a week is quite possible. Any tradesman would be delighted in the space provided for their trailer and a secure garage for all their equipment.

Additional features of this lovely home include:

* 3 generous sized bedrooms, 2 equipped with built in robes
* Possible 4th bedroom/second living area
* 10m x 10m powered shed with 3m high entrance (can't be built again without council approval)
* Ceiling fans
* Side annex perfect for the caravan, boat or trailer
* 756 sqm level allotment
* Rain water tank
* Separate, large laundry

This home would be perfect for the 1st time home buyer, tradie or astute investor. If you are looking for value without the big price tag then call now for an inspection.

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Property History for 16 Olsen St, Bundaberg East, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$289,000
21 Feb 2013
  • 21 Feb 2013
    Sold for $289,000
  • 13 Jun 2012
    Sold for $230,000
  • 21 Jul 2011
    Listed for Sale $315,000 NEG
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About Bundaberg East 4670

The size of Bundaberg East is approximately 4.6 square kilometres. It has 10 parks covering nearly 15.3% of total area. The population of Bundaberg East in 2011 was 2,810 people. By 2016 the population was 2,770 showing a population decline of 1.4% in the area during that time. The predominant age group in Bundaberg East is 0-9 years. Households in Bundaberg East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundaberg East work in a labourer occupation. In 2011, 58.3% of the homes in Bundaberg East were owner-occupied compared with 57.5% in 2016.

Bundaberg East has 1,589 properties. Over the last 5 years, Houses in Bundaberg East have seen a 87.76% increase in median value, while Units have seen a 70.46% increase. As at 31 October 2024:

  • The median value for Houses in Bundaberg East is $462,532 while the median value for Units is $456,659.
  • Houses have a median rent of $520 while Units have a median rent of $300.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Bundaberg east on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Bundaberg east.

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