OFF MARKET

5 Coal Street
Bundamba QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 766m2
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Property Details for 5 Coal St, Bundamba

5 Coal St, Bundamba is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 766m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
116m2
Land Size
766m2
Local Government
Ipswich
Lot/Plan
3/RP92037

Last Listing description (January 2023)

Attention Investors - Over a 6% return based on rental appraisal!

Don't miss this excellent opportunity to secure an excellent entry level home or investment! Ready and waiting for it's new owners, 5 Coal Street sits on a conveniently located 766m2 block with great access to rail, schools and local shops. The home has been freshly painted throughout, features a tastefully renovated laundry and bathroom, fresh carpets in the living room and built-in robes and ceiling fans to the bedrooms. For the investors, this property has been rent appraised between $420 and $440 per week, offering a great return on investment.

Currently the home is a standard residential dwelling, however the block is zoned LB10 (Local business - Bundamba) which under the planning scheme allows for bulky goods retailing, outdoor sales and storage yards, automotive sales, fitting, service and repairs and more - Offering the potential for business uses in the future (STCA).

FEATURES AT A GLANCE:
- 3 bedrooms complete with built-ins and Ceiling fans.
- Spacious living area with brand new carpets.
- Stylish eat-in Kitchen with great storage and freshly polished timber benchtops.
- Renovated Bathroom with modern fittings and fixtures.
- Quaint front deck.
- Updated Internal Laundry and second toilet.
- Covered parking for 1 car, plus good under house storage.
- Spacious 766m2 block with well established mango trees.

BENEFITS OF THIS FANTASTIC LOCATION INCLUDE*:
- Only 350m walk to the Bundamba Train Station.
- Less than 500m to Bunnings
- Less than 1km to Bundamba Primary and High Schools and less than 5km to St. Peter Claver Secondary College and Sacred Heart Primary.
- Only 1km to Local Caf, convenience stores and More (Brisbane Rd)
- Only a 10 Minute Drive to the Ipswich CBD, and Approx 35 minutes to the Brisbane CBD.

Call for an inspection today - You won't want to miss this opportunity!
(*please note, all distances are approximate. STCA = subject to council approval.)

Property History for 5 Coal St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$320,000
24 Oct 2022
Listed for Rent
$425/w
16 Dec 2022
  • 22 Nov 2022
    Listed for Rent $425 / week
  • 24 Oct 2022
    Sold for $320,000
  • 18 Aug 2022
    Listed for Sale Offers Over $335,000
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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 3,325 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 27 properties listed for sale, and 13 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 194 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.