OFF MARKET

25-27 Forrest Street
Chinchilla QLD 4413

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 4047m2
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Last updated 23 Sep 2024
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Property Details for 25-27 Forrest St, Chinchilla

25-27 Forrest St, Chinchilla is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 4047m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
2007
Floor Size
100m2
Land Size
4047m2
Local Government
Western Downs Regional
Lot/Plan
41/RP14934

Last Listing description (September 2022)

Sitting on just over an acre (4047sqm) on the edge of town is 25-27 Forrest Street, a fantastic opportunity for the savvy investor.
The neat home is high set, with a fully fenced house yard and circular driveway to suit large vehicles. Underneath is fully concreted and secure, with parking for two cars.
Inside, there are three carpeted bedrooms, all with ceiling fans and built-ins, with air conditioning to the main. The modern kitchen and dining room flows through to the lounge and features reverse cycle air conditioning, with ceiling fans throughout. Access to the partially covered deck from the lounge makes entertaining a breeze. The modern bathroom features shower over bath and clever linen storage. The upstairs laundry has plenty of space for extra storage.

The fenced house yard has a garden shed and there is a grey water system. Solar power and a rainwater tank (currently not connected to pump) help offset costs.
The remainder of the block is a blank canvas for the new owners, with plenty of space for sheds. The property would be ideal for a home business (STCA). Currently rented at $320/week until July 2022, the property offers great investment potential with plenty of options to capitalise further.
At a glance:
*3 built-in bedrooms
*Ceiling fans throughout
*A/c to main bed and living
*Entertaining deck
*Undercover parking
*Modern kitchen and updated bathroom
*Solar power
*Fenced house yard
*4047sqm block
Contact Di to organise your private inspection. Please note as the property is tenanted 24 hours notice is required for inspections.

Property History for 25-27 Forrest St, Chinchilla, QLD 4413

A timeline of how this property has performed in the market
Last Sold
$255,000
06 Jul 2022
Listed for Rent
$320/w
16 Jul 2021
  • 06 Jul 2022
    Sold for $255,000
  • 18 May 2022
    Listed for Sale Offers Over $265,000
  • 05 Jul 2021
    Listed for Rent $319 / week
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About Chinchilla 4413

The size of Chinchilla is approximately 72.1 square kilometres. It has 16 parks covering nearly 1.2% of total area. The population of Chinchilla in 2011 was 5,487 people. By 2016 the population was 6,622 showing a population growth of 20.7% in the area during that time. The predominant age group in Chinchilla is 0-9 years. Households in Chinchilla are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Chinchilla work in a trades occupation. In 2011, 61.2% of the homes in Chinchilla were owner-occupied compared with 50.6% in 2016.

Chinchilla has 3,987 properties. Over the last 5 years, Houses in Chinchilla have seen a 79.86% increase in median value, while Units have seen a 51.70% increase. As at 31 August 2024:

  • The median value for Houses in Chinchilla is $361,997 while the median value for Units is $259,017.
  • Houses have a median rent of $435 while Units have a median rent of $360.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Chinchilla on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Chinchilla.

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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.