OFF MARKET

8 Bailey Street
Capella QLD 4723

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 1012m2
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Property Details for 8 Bailey St, Capella

8 Bailey St, Capella is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 1012m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2011.

Building Type
House
Year Built
2007
Floor Size
103m2
Land Size
1012m2
Local Government
Central Highlands Regional
Lot/Plan
11/RP811222

Last Listing description (October 2011)

DUAL LIVING OPPORTUNITY!
Located in the soon to be awaken town of Capella is this great investment opportunity! The property consists of a 3 bedroom house which is currently tenanted on a periodic lease with a good return and also has the option of building another dwelling to the rear. The block is over a 1000m2 and is positioned in the heart of town, walking distance to all amenities. The town itself has a near zero vacancy rate with rentals, and with the proposed mines going ahead this will only increase demand and returns further.
The current house has 3 bedrooms all with built in robes, master with ensuite, split system air-conditioning, open plan living / dining and kitchen. The home is poled up off the ground and has a nice verandah to the rear and large enough porch to sit out the front and watch the world go by after a hard days work. There is a single garage and plenty of off street parking and the house was built in 2006.

The development application was lodged with council and has been approved subject to meeting council requirments, so for the savvy investor the majority of the hard work has been already complete!
If you are wanting to view this property or find out further information please call the listing agent today and he will be able to help you better understand this fantastic opportunity.
A copy of the Sustainability Declaration is held by the AGENCY.

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Property History for 8 Bailey St, Capella, QLD 4723

A timeline of how this property has performed in the market
Last Sold
$280,000
18 Oct 2011
Listed for Rent
$330/w
22 May 2010
  • 18 Oct 2011
    Sold for $280,000
  • 14 Sep 2011
    Listed for Sale $295,000 NEG
  • 22 May 2010
    Listed for Rent - Price not available
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About Capella 4723

The size of Capella is approximately 9.4 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Capella in 2011 was 925 people. By 2016 the population was 1,006 showing a population growth of 8.8% in the area during that time. The predominant age group in Capella is 0-9 years. Households in Capella are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capella work in a trades occupation. In 2011, 51% of the homes in Capella were owner-occupied compared with 55.1% in 2016.

Capella has 558 properties. Over the last 5 years, Houses in Capella have seen a 18.74% increase in median value, while Units have seen a 136.37% increase. As at 31 October 2024:

  • The median value for Houses in Capella is $267,794 while the median value for Units is $489,710.
  • Houses have a median rent of $415 while Units have a median rent of $220.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Capella on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Capella.

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