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Sold on 06 Nov 2023 for $515,000

40 Tibbits Street
Bundamba QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1052m2
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Property Details for 40 Tibbits St, Bundamba

40 Tibbits St, Bundamba is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1052m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Bundamba in the last 12 months.

Building Type
House
Land Size
1052m2
Local Government
Ipswich
Lot/Plan
45/RP22431

Last Listing description (November 2023)

If you seek a property that embodies versatile potential, your search culminates here. This residence unfolds before you with a trio of distinctive avenues to explore.

1. Development Potential (Subject to Council Approval):

This property seamlessly aligns with the local council's guidelines for modest-scale developments. Its layout is thoughtfully designed, allowing for the inclusion of a driveway on the left flank, thereby opening doors to the creation of a secondary dwelling at the rear. This development prospect extends an array of opportunities for the astute investor.

2. A Solid Investment:
Located in the thriving precinct of Bundamba, this property offers unparalleled accessibility to transportation, retail centers, and educational institutions, ensuring a sustained demand from discerning tenants. This property is currently rent appraised at $430 - $460 a week.

3. Your Future Home:
If your vision encompasses this property as your permanent abode, take comfort in the knowledge that Bundamba boasts an established and welcoming community of homeowners. This neighborhood beckons you to embrace a tranquil and vibrant lifestyle.

Key Features of the Property Include:

Three generously sized bedrooms for comfortable living.
A spacious living area, perfect for relaxation and social gatherings.
A well-appointed kitchen with an adjacent dining area.
A bathroom designed with your convenience in mind.
A single lock-up garage and an additional carport to keep your vehicles sheltered.
A front porch that extends a warm welcome to your new abode.
Timber floorboards.
A rear deck, an ideal setting for outdoor get-togethers.
The potential for side access, enhancing practicality and versatility.
And a host of additional features, eagerly awaiting your exploration.

This property embodies a world of possibilities, catering to diverse real estate goals. Whether you seek an astute investment, a development project, or the realization of your dream home, this property stands ready to accommodate your vision.

Property History for 40 Tibbits St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$515,000
06 Nov 2023
Listed for Rent
11 Apr 2016
  • 06 Nov 2023
    Sold for $515,000
  • 03 Nov 2023
    Listed for Sale OFFERS OVER $499,000
  • 24 Mar 2022
    Sold for $420,000
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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 3,335 properties. Over the last 5 years, Houses in Bundamba have seen a 98.55% increase in median value, while Units have seen a 63.50% increase. As at 31 August 2024:

  • The median value for Houses in Bundamba is $557,948 while the median value for Units is $409,490.
  • Houses have a median rent of $485 while Units have a median rent of $420.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Bundamba.

Suburb Insights for Bundamba 4304

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Contact agent
Corey Lindh
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Osman Rastagar
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Revolution Property Group
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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.