OFF MARKET

5/4 Mary Street
Bundamba QLD 4304

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 124m2
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Last updated 30 Sep 2024
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Property Details for 5/4 Mary St, Bundamba

5/4 Mary St, Bundamba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 124m2 and floor size of 123m2.

Building Type
Unit
Year Built
2003
Floor Size
123m2
Land Size
124m2
Local Government
Ipswich

Last Listing description (January 2022)

If you are looking to start an investment portfolio but you want to start small, this unit would be the perfect solution. With a fantastic tenant in place until June 2022 paying $250 per week there is no uncertainty here, with Body Corp Fees of approx. $560 per 1/4.

The location suits this tenant because it is within walking distance to the local train station. The Bundamba TAFE is also walking distance up the road and there is a bus stop just outside the gate which will take you to the Ipswich CBD.

The complex is very neat and tidy with only 8 units in total, lovely neighbours and each townhouse has its own private courtyard.

Excellent investment opportunity
2 generous bedrooms upstairs - main with balcony.
Tidy bathroom plus separate toilet.
Well-lit kitchen, good bench space plus breakfast bar.
Open plan living room opens to the courtyard.
Separate laundry and single garage with good storage space.
Separate second toilet downstairs off the laundry
A small complex of 8 units.
Elevated position with some views towards Ipswich.
Easy walk to the nearby TAFE College and a few minutes' walk to nearby Bundamba Rail Station.

DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 5/4 Mary St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Listed for Rent
$240/w
31 Jul 2019
  • 26 Nov 2021
    Listed for Sale OFFERS OVER $219,000
  • 02 Jul 2019
    Listed for Rent - Price not available
  • 10 Aug 2017
    Listed for Sale $185,000

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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 29 properties listed for sale, and 12 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Bundamba.

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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.