SOLD
Sold on 23 Jan 2024 for $547,000

16 Elms Street
Bundamba QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 854m2
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Property Details for 16 Elms St, Bundamba

16 Elms St, Bundamba is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 854m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Bundamba in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
92m2
Land Size
854m2
Local Government
Ipswich
Lot/Plan
4/RP166556

Last Listing description (August 2024)

Set at almost the highest point in the street, this entry level neat and tidy three bedroom home on a fantastic 854m2 block offers plenty of potential and opportunity to both first home buyers and investors! Walking distance to both primary and secondary schools, as well as close proximity to Bundamba Train Station and local shops and businesses, is a great bonus. Currently tenanted with a long term tenant until early May, who would like to stay on, this is a great opportunity for the savvy investor by keeping the tenant on and adding value by developing the block subject to council approval in the future. Alternatively, the large back yard would be ideal for a growing family or a largemulti-purpose shed.

Features:
- Three bedrooms, two with built-ins

- Main bedroom is large and features air-conditioning
- Lounge area with air-conditioning and french doors leading to the covered front porch
- Spacious kitchen and dining area
- Large main bathroom
- Covered back balcony overlooking the large grassy yard
- European style laundry on back balcony
- Potential for granny flat or separate dwelling in backyard ( subject to council approval)

What's Nearby:
- 1.4KM to Bundamba State School
- 230m to Bundamba State Secondary College
- 900m to IGA Bundamba/Oaks Shopping Village
- 1.4KM to Bundamba Train Station
- Multiple parks and bush reserves nearby
- Bundamba racecourse
- Booval Fair shopping centre

With quick access to main roads to Ipswich City and Brisbane makes for a very convenient lifestyle. For all of your enquiries or a personal inspection please contact Kevin Torbey today on 0421 901 049 or one of the sales team on 3376 8000.

Property History for 16 Elms St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$547,000
23 Jan 2024
Listed for Rent
09 Apr 2020
  • 23 Jan 2024
    Sold for $547,000
  • 17 Jan 2024
    Listed for Sale Offers over 500K
  • 20 Mar 2020
    Listed for Rent $300 / week
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About Bundamba 4304

The size of Bundamba is approximately 11 square kilometres. It has 16 parks covering nearly 6.8% of total area. The population of Bundamba in 2011 was 5,402 people. By 2016 the population was 6,503 showing a population growth of 20.4% in the area during that time. The predominant age group in Bundamba is 20-29 years. Households in Bundamba are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bundamba work in a labourer occupation. In 2011, 62.7% of the homes in Bundamba were owner-occupied compared with 53.3% in 2016.

Bundamba has 3,347 properties. Over the last 5 years, Houses in Bundamba have seen a 110.25% increase in median value, while Units have seen a 91.54% increase. As at 30 November 2024:

  • The median value for Houses in Bundamba is $593,834 while the median value for Units is $446,472.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 30 properties listed for sale, and 11 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bundamba.

Suburb Insights for Bundamba 4304

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Contact agent
Kevin Torbey
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Sales Team
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Centenary Real Estate Pty Ltd
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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.