OFF MARKET

145 George Street
Bundaberg West QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 128m2
Land area: 2028m2
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Last updated 11 Nov 2024
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Property Details for 145 George St, Bundaberg West

145 George St, Bundaberg West is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2028m2 and floor size of 128m2.

Building Type
House
Floor Size
128m2
Land Size
2028m2
Local Government
Bundaberg Regional
Lot/Plan
4/SP292194

Last Listing description (May 2017)

Let s face it, this is a very old Queenslander home sitting on this site, just waiting for the new purchaser to re-invent the new beginnings. However do not disregard the home, as this is a great opportunity to land bank until you are ready to re-develop, with a tenant on a lease paying $275/wk.
Just two blocks south of the Friendlies Hospital and Medical Suites and only a stone s throw over the railway to Bundaberg s CBD. A perfect site for multi-unit development or consideration may be given to rooming accommodation & professional offices.
ACT QUICKLY!! BUNDABERG REGIONAL COUNCIL HAS BEEN GENEROUS ENOUGH TO EXTEND THEIR DISCOUNT ON INFRASTRUCTURE CHARGES, GIVING YOU A TOTAL OF 50% OFF!!!

Providing applications have been submitted by end of March 2017 and development completed by March 2018, you will be successful in obtaining the very significant discount.
These sites are few and far between and the turn in enquiry from consumers, suggests now is a great time to secure such a property and plan towards developing, as the market continues to strengthen over the coming years!

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Property History for 145 George St, Bundaberg West, QLD 4670

A timeline of how this property has performed in the market
  • 02 May 2017
    Listed for Sale $269,000
  • 13 Feb 2017
    Listed for Sale $269,000
  • 05 Sep 2016
    Listed for Sale $269,000

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About Bundaberg West 4670

The size of Bundaberg West is approximately 2.6 square kilometres. It has 5 parks covering nearly 24.9% of total area. The population of Bundaberg West in 2011 was 2,530 people. By 2016 the population was 2,497 showing a population decline of 1.3% in the area during that time. The predominant age group in Bundaberg West is 20-29 years. Households in Bundaberg West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg West work in a professional occupation. In 2011, 34.7% of the homes in Bundaberg West were owner-occupied compared with 32.7% in 2016.

Bundaberg West has 1,585 properties. Over the last 5 years, Houses in Bundaberg West have seen a 111.37% increase in median value, while Units have seen a 73.03% increase. As at 31 October 2024:

  • The median value for Houses in Bundaberg West is $433,695 while the median value for Units is $359,841.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 6 properties listed for sale, and 1 property listed for rent in Bundaberg west on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Bundaberg west.

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