SOLD
Sold on 16 Aug 2024 for $990,000

37 Burrum Street
Bundaberg West QLD 4670

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 63m2
Land area: 1012m2
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Property Details for 37 Burrum St, Bundaberg West

37 Burrum St, Bundaberg West is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom Unit sold in Bundaberg West in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
63m2
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
30/B15821

Last Listing description (June 2022)

Investors take note. Unit complexes of this quality do not come up for sale often. From the units, you can walk to town, Hinkler Central, and Bundaberg State High School.
With vacancy rates low and rents high, Bundaberg is the perfect location to invest in.

Each unit of the four units has two bedrooms and has a high quality long-term tenant in each.

At a glance:
Four units with a total of eight bedrooms
Long term tenants in each
Rates are approx $4250 per half year
Insurance is approx $216/month
Currently rented out for $930 per week with plenty of room to increase
Unit 1 - $250/wk
Unit 2 - $250/wk
Unit 3 - $230/wk
Unit 4 - $200/wk

Please contact Warren or Ethan to arrange an inspection of this great set of units.

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Property History for 37 Burrum St, Bundaberg West, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$990,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $990,000
  • 27 Apr 2022
    Sold for $760,000
  • 19 Apr 2022
    Listed for Sale UNDER OFFER $699,000
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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 7 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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