3 Somerville StreetBurnett Heads QLD 4670
Property Details for 3 Somerville St, Burnett Heads
3 Somerville St, Burnett Heads is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2021)
Zoned Local Centre, this property is a prime investment!! RIGHT in the centre of town and with sewer connected, this could be developed into a 5 story mixed use development (STCA). With our town developing rapidly, this property could have amazing capital growth!! And in the meantime, its currently rented to excellent tenants at $300pw on a lease until Dec 2021. Surrounded by shops, cafs and the boat harbour, opportunities like this come along only once in a lifetime dont miss out!!
On a large 1,012 sqm block, the home is very spacious with four bedrooms, three bathrooms and two kitchens!! The design has a self contained wing that can be closed off from the rest of the home, and would be ideal for holiday let.
Burnett Heads is on everyones lips at the moment with predictions for very strong growth here over the next few years. I really couldnt think of a better investment than this!! Call James or Candice today on 1300 787 408.
Property Code: 941
Property History for 3 Somerville St, Burnett Heads, QLD 4670
- 11 Jul 2022Sold for $490,000
- 12 Nov 2020Listed for Sale $585,000
- 26 Jun 2013Sold for $300,000
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About Burnett Heads 4670
The size of Burnett Heads is approximately 17.7 square kilometres. It has 10 parks covering nearly 3.4% of total area. The population of Burnett Heads in 2011 was 2,631 people. By 2016 the population was 2,664 showing a population growth of 1.3% in the area during that time. The predominant age group in Burnett Heads is 60-69 years. Households in Burnett Heads are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Burnett Heads work in a labourer occupation. In 2011, 70.8% of the homes in Burnett Heads were owner-occupied compared with 69.4% in 2016.
Burnett Heads has 1,655 properties. Over the last 5 years, Houses in Burnett Heads have seen a 109.64% increase in median value, while Units have seen a 101.36% increase. As at 31 October 2024:
- The median value for Houses in Burnett Heads is $634,265 while the median value for Units is $399,859.
- Houses have a median rent of $550.
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