4A Lower Mccormack StreetBundamba QLD 4304
Property Details for 4a Lower Mccormack St, Bundamba
4a Lower Mccormack St, Bundamba is a 0 bedroom, 0 bathroom House. The property has a land size of 516m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2024)
Looking for a prime piece of real estate in Bundamba, QLD? Look no further than 4a Lower McCormack St, where you'll find a spacious 516m block of land just waiting for you to build your dream home or investment property.
Located in a quiet and peaceful neighborhood, this land offers a fantastic opportunity to create your own piece of paradise. With ample space to build your dream home, you can design the perfect layout to suit your needs and lifestyle.
Investing in a property at 4a Lower McCormack St, Bundamba can be an excellent opportunity for generating strong rental income. By building a 4-bedroom home with ensuites in each, you can potentially earn a rental income of $900 - $1000 a week, all this can be built and managed through Link Properties.
With such a high rental yield, this property has the potential to generate a solid return on investment, making it an attractive option for investors looking to capitalize on the growing demand for rental properties in the Bundamba area.
The location is also ideal for those looking for easy access to all the amenities that Bundamba has to offer. The land is just a short drive from local schools, shops, restaurants, and parks, making it an ideal choice for families, retirees, and anyone looking for a peaceful yet convenient lifestyle.
So why wait? Invest in your future today and secure this fantastic piece of land in Bundamba. Contact us now to arrange an inspection and start planning your dream home!
Property History for 4a Lower Mccormack St, Bundamba, QLD 4304
- 25 May 2023Sold for $230,000
- 02 May 2023Listed for Sale Not Disclosed
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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 3,335 properties. Over the last 5 years, Houses in Bundamba have seen a 101.32% increase in median value, while Units have seen a 59.49% increase. As at 30 September 2024:
- The median value for Houses in Bundamba is $569,724 while the median value for Units is $400,679.
- Houses have a median rent of $493 while Units have a median rent of $420.
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