SOLD
Sold on 30 Jan 2024 for $240,000

16 Lower Mccormack Street
Bundamba QLD 4304

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 470m2
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Property Details for 16 Lower Mccormack St, Bundamba

Building Type
Land
Land Size
470m2
Local Government
Ipswich
Lot/Plan
28/RP22505

Last Listing description (June 2024)

Welcome to a rare opportunity to own a 470-square-metre piece of prime real estate in Bundamba, Queensland. If you have been searching for a great place to build your dream home, look no further.

This amazing parcel of land is in excellent condition, with no existing tenant and zero rent. With a generous land size of 470 square metres, you have plenty of scope to build your very own unique abode.

Bundamba is located approximately 22 km southwest of Brisbane and is a popular suburb for people looking for a quieter lifestyle outside the hustle and bustle of the city centre. The area is bursting with natural beauty, with plenty of parks, reserves and waterways to explore. Plus, with plenty of local amenities such as schools, shops, and restaurants, you will never be short of things to do.

This property offers an incredible opportunity to create the home of your dreams, where you can build the lifestyle you have always wanted. Surrounded by fantastic neighbours and a friendly atmosphere, this place is great for raising a family or retiring in peace and quiet.

With its generous land size and prime location, this Bundamba property is a fantastic investment for anyone looking to build their dream home. So dont miss out act now and take advantage of this rare opportunity.

It is time to make your dreams a reality. Enquire now to find out more.

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Property History for 16 Lower Mccormack St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$240,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $240,000
  • 11 Oct 2022
    Listed for Sale Offers Over $225,000 Each

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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 3,326 properties. Over the last 5 years, Houses in Bundamba have seen a 103.95% increase in median value, while Units have seen a 71.75% increase. As at 31 October 2024:

  • The median value for Houses in Bundamba is $577,770 while the median value for Units is $430,614.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Bundamba.

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