SOLD
RECENT ADVICE
Sold on 11 Nov 2024 for $750,000

10 Mungomery Street
Childers QLD 4660

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1012m2
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Property Details for 10 Mungomery St, Childers

10 Mungomery St, Childers is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom BlockOfUnits sold in Childers in the last 12 months.

Building Type
BlockOfUnits
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
4/RP14478

Last Listing description (November 2024)

A great investment opportunity presents, 4x solid brick & mortar units in the heart of the Childers district. Boasting in functionality, low maintenance and convenience, all on 1012 sqm gentle sloping allotment, you won't find a better set of units like it. This set of units makes for the perfect investment opportunity to capitalize and allow your super to work better for you.

Property Details -
- 1012 Sqm flood free freehold allotment

- Town water & sewage services

Each unit presents
- Solid brick low-set 2x bedrooms, 1x bathroom, 1x carport unit in each
- Carpeted bedrooms with fans & built-in cupboards
- Tiled throughout remainder
- Security screen doors
- Open plan kitchen, dinning & living area
- Electric oven
- Separate toilet

All units were built in 1991
Potential rental appraisals $330-350 per week opportunity
Current rates per annum - $7400 approximately
Insurance and outgoings per annum - $2800 approximately
All 4x units are currently returning $1150 total per week in rental income

These units are situated opposite the local primary school, just a 5 minutes walk to the local high school, main street of Childers with the necessary day-to-day amenities - shops, doctors, post office, grocery store, butchers, bakery etc

A solid set of 4x units like this rarely come on the market, its time to invest in your future or let yourself managed super work better for you. To book your inspection, please phone the exclusive agent Ty Dan on 0437 226 831
 
******** MINIMUM 24hrs notice required for all inspections*********

Disclaimer
All information provided within this listing article has been made to verify the correct details of this marketing campaign by the Vendor/s. However Wide Bay Regional Real Estate cannot guarantee the full accuracy of this article & all interested parties should rely on their own enquiries or necessary due diligence.

Property History for 10 Mungomery St, Childers, QLD 4660

A timeline of how this property has performed in the market
Last Sold
$750,000
11 Nov 2024
Listed for Rent
$220/w
16 Jan 2017
  • 11 Nov 2024
    Sold for $750,000
  • 19 Jun 2024
    Listed for Sale $900,000
  • 01 Nov 2019
    Listed for Rent - Price not available
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About Childers 4660

The size of Childers is approximately 19.2 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Childers in 2011 was 1,638 people. By 2016 the population was 1,597 showing a population decline of 2.5% in the area during that time. The predominant age group in Childers is 70-79 years. Households in Childers are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Childers work in a labourer occupation. In 2011, 62.4% of the homes in Childers were owner-occupied compared with 60.9% in 2016.

Childers has 1,000 properties. Over the last 5 years, Houses in Childers have seen a 105.63% increase in median value, while Units have seen a 30.46% increase. As at 31 October 2024:

  • The median value for Houses in Childers is $438,882 while the median value for Units is $318,430.
  • Houses have a median rent of $470 while Units have a median rent of $235.
There are currently 35 properties listed for sale, and 2 properties listed for rent in Childers on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Childers.

Suburb Insights for Childers 4660

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Contact agent
Ty Dan
Show contact details
Wide Bay Regional Real Estate
Preferred contact:
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.