38/51 River RoadBundamba QLD 4304
Property Details for 38/51 River Rd, Bundamba
38/51 River Rd, Bundamba is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 141m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2024)
If you're searching for an entry level investment property with solid returns, look no further than here. Under seven years old, this property comes packed full of value making it an ideal property for the right buyer.
With an excellent tenant already in place paying $310 per week, this property boasts a 5.4% gross return, even after outgoings this property is still great buying.
Accommodation and Features:
:: Main Bathroom with Shower and Bath
:: Large Downstairs Living with Dining/Study Space
:: Covered Patio within Courtyard
:; Single Garage
:: Air-conditioned
The complex offers a pool and recreation area and onsite managers. Tenants are in place until June of 2022 but are very keen to remain in the property after this date.
Viewing of this property is exclusively available through inspection by appointment. Please note, there will be no open homes held. Inspections are available anytime, including evenings and weekends. To arrange yours, please contact us.
From all of us at Johnson Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to discuss one of the many other properties we have available please call or email us today.
Property History for 38/51 River Rd, Bundamba, QLD 4304
- 23 Feb 2022Sold for $292,000
- 22 Dec 2021Listed for Sale $289,000
- 24 Jul 2014Sold for $301,900
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0About 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.
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