OFF MARKET

42/9 Lindsay Street
Bundamba QLD 4304

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 48m2
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Last updated 11 Nov 2024
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Property Details for 42/9 Lindsay St, Bundamba

42/9 Lindsay St, Bundamba is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2004
Floor Size
48m2
Land Size
48m2
Local Government
Ipswich
Lot/Plan
42/SP159131

Last Listing description (September 2022)

Suitable for cash buyers and SMSF

Fantastic little Investment unit, add to your portfolio or start one with this low risk / high return unit in Oxford Crest, Bundamba, an over 55's independent living village.

Tenant is assisted by the Government so near guaranteed rent. Low maintenance and great returns. Call to arrange an inspection.

$13,260 Rent
$4785 Body Corporate levies
$3000 Council rates and water
$4288 approx income =5 - 6% net

Where else do you get these returns at this price!

Purpose built village for over 55's Independent Living - wheelchair friendly - social club house - meal service in dining room - linen service - caring onsite managers in a well maintained complex.

This unit is located upstairs in the building, offering cool breezes and peaceful surroundings. Only 42 units in complex.

Please contact the agent for an inspection.

Property History for 42/9 Lindsay St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$77,000
19 Aug 2022
  • 19 Aug 2022
    Sold for $77,000
  • 10 Jun 2022
    Listed for Sale $90,000
  • 03 Apr 2019
    Sold for $70,000
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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 3,326 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 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.

Suburb Insights for Bundamba 4304

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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.