2 Creek St, Bundaberg South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 1012m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
An attractive entry level property has hit the market, providing options to you as an investor! The home offering a secure income of $240/wk with a secure tenant in place, makes this a viable addition to the portfolio. On the other hand, you can retain the tenant and look to develop in the future.
A basic but solid home, requiring some TLC which with minimal effort, would see you increase the value & rental return in an instant. A very spacious floor plan, with a large lounge room, complete with three very spacious bedrooms. Kitchen & bathroom original, with scope for an update.
There is a shed at the rear of the block and an additional lean-to for undercover storage. The block is completely fenced and landscaped. Perfectly positioned in a quiet cul-de-sac, just minutes into the city and close to Southside Central Shopping and many schools.
The size of Bundaberg South is approximately 2.2 square kilometres. It has 10 parks covering nearly 17.9% of total area. The population of Bundaberg South in 2011 was 3,424 people. By 2016 the population was 3,318 showing a population decline of 3.1% in the area during that time. The predominant age group in Bundaberg South is 20-29 years. Households in Bundaberg South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg South work in a labourer occupation. In 2011, 41.9% of the homes in Bundaberg South were owner-occupied compared with 38.4% in 2016.
Bundaberg South has 1,971 properties. Over the last 5 years, Houses in Bundaberg South have seen a 116.71% increase in median value, while Units have seen a 58.31% increase. As at 31 December 2024:
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