OFF MARKET

25 Lindsay Street
Bundamba QLD 4304

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 961m2
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Last updated 11 Nov 2024
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Property Details for 25 Lindsay St, Bundamba

25 Lindsay St, Bundamba is a 4 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 961m2.

Building Type
Unit
Land Size
961m2
Local Government
Ipswich
Lot/Plan
570/SP223317

Last Listing description (July 2019)

This property is all about numbers.

4 x 1 Bedroom units on one title - each has bedroom, bathroom, study nook, lounge/diner and kitchen. Covered parking.


Only minutes from the railway station and Booval fair. On a bus route between Ipswich and Goodna. A short walk to the local shops and Bundamba race course. These 4 easy to rent units will give a good long term investment.

Gross Rent per week $955
Gross rent per annum $49,660
Gross return 7.64%
Rates per quarter $1,848
Utilities per quarter $1,324
Insurance per quarter $215

An independent company has assessed the rental yield to be 7.64% - contact John Barnett 0403 66 99 66 for more details

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Property History for 25 Lindsay St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
  • 07 Apr 2017
    Listed for Sale REDUCED - $650,000

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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 3,327 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 28 properties listed for sale, and 13 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Bundamba.

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