OFF MARKET

5 Luscombe Street
Chinchilla QLD 4413

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
Land area: 799m2
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Last updated 11 Nov 2024
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Property Details for 5 Luscombe St, Chinchilla

5 Luscombe St, Chinchilla is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 799m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2012
Floor Size
112m2
Land Size
799m2
Local Government
Western Downs Regional
Lot/Plan
11/SP186429

Last Listing description (November 2020)

With current market prices, these units are well below replacement cost, offering a great opportunity for future capital growth.
From the street, the clean tidy layout of this property is apparent, with generous concreted parking areas including single car garages. The two units are mirror image of each other and in size are the equivalent to a medium size three bedroom home.
The bedrooms are of a good size, feature carpeted floors, and built-in robes. The main bedroom has walk-in robe and ensuite. All other living areas are tiled floors, again are generous in size, especially the lounge and dining area.

Kitchen well-appointed with stainless steel appliances, pantry and generous bench tops and storage.
Well-proportioned full bathroom and separate laundry with storage keeps everything in its place. These units will accommodate a young family, or individuals per room.
Undercover entertaining made easy being interconnected to main living area at the rear.
Fully fenced back yards with ample room for veggie garden and outdoor leisure activities.

Each Unit -
*3 bedrooms and two bathrooms
*Fans and split system air conditioning.
*Single lock-up garage and open car park.
*Fully fenced back yard for privacy
*Rainwater tank and rotary clothes line.
*Units can be Strata Titled.

Council Rates | Approx $2350 for half year ($1175 per unit)

Unit 1 | Currently rented at $180 per week until July 2020
Unit 2 | Currently rented at $200 per week until January 2021

To arrange your inspection, or for more information on this very low maintenance duplex, contact the listing agent today.

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Property History for 5 Luscombe St, Chinchilla, QLD 4413

A timeline of how this property has performed in the market
Last Sold
$275,000
29 Oct 2020
Listed for Rent
$300/w
11 Sep 2015
  • 29 Oct 2020
    Sold for $275,000
  • 10 Sep 2020
    Listed for Rent $230 / week
  • 30 Apr 2020
    Listed for Sale $155,000 per unit
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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 3,967 properties. Over the last 5 years, Houses in Chinchilla have seen a 97.79% increase in median value, while Units have seen a 54.78% increase. As at 31 October 2024:

  • The median value for Houses in Chinchilla is $389,414 while the median value for Units is $298,863.
  • Houses have a median rent of $425 while Units have a median rent of $378.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Chinchilla on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Chinchilla.

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