7 Mayne StreetChinchilla QLD 4413
Property Details for 7 Mayne St, Chinchilla
7 Mayne St, Chinchilla is a 1 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 395m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom House sold in Chinchilla in the last 12 months.
Last Listing description (November 2023)
This small but tidy building can have a number of usages. Situated a hop, step and jump from pubs, banks, and town centre this little beauty is currently rented as an Air BNB. In the past it has also housed a small beauty business and bookshop.
* Looking for somewhere to setup a small business then this could be ideal. Zoned commercial and situated in a side street off the main street position is a plus.
* Alternatively, want a cheap but very tidy abode to rest your head at night after a hard days work and a couple of beers and a meal at the pub, then look no further.
* As rents are in short supply why not pay your own mortgage. Good potential for people working here on shift as it is a small 395 square metre block with little upkeep.
* Another option is for the investor - it has previously been rented and rental appraisal in today's market would be around $250 per week.
Property History for 7 Mayne St, Chinchilla, QLD 4413
- 06 Oct 2023Sold for $160,000
- 29 Sep 2023Listed for Sale Not Disclosed
- 26 Aug 2021Sold for $115,000
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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.
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