OFF MARKET

9 Lindsay Street
Bundamba QLD 4304

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1731m2
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Property Details for 9 Lindsay St, Bundamba

9 Lindsay St, Bundamba is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1731m2.

Building Type
Unit
Land Size
1731m2
Local Government
Ipswich
Lot/Plan
2/SP159131

Last Listing description (December 2022)

Suitable for cash buyers and SMSF

Owner wants to sell now!

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 downstairs in the building and is a larger unit, it is also offering cool breezes and peaceful surroundings. Only 42 units in complex.

Suitable for cash buyers and SMSF. Inspection invited with agent only.

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Property History for 9 Lindsay St, Bundamba, QLD 4304

A timeline of how this property has performed in the market
Listed for Rent
$260/w
04 Jul 2022
  • 04 Jul 2022
    Listed for Rent - Price not available
  • 20 Jan 2021
    Listed for Sale Offers around $75000
  • 15 Jun 2020
    Listed for Rent $255 / week
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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 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.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Bundamba on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Bundamba.

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