OFF MARKET

98 Colamba Street
Chinchilla QLD 4413

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 128m2
Land area: 7828m2
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Property Details for 98 Colamba St, Chinchilla

98 Colamba St, Chinchilla is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 7828m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
House
Year Built
1930
Floor Size
128m2
Land Size
7828m2
Local Government
Western Downs Regional
Lot/Plan
28/C24326

Last Listing description (May 2015)

OPPORTUNITY TO PURCHASE A 825M2 REGISTERED BLOCK WITH DA APPROVAL IN PLACE TO CONSTRUCT A 3 BED X 3 BATH DUPLEX PAIR IN WATTLE PARK ESTATE, MILES.ALL OF THE HARD WORK HAS BEEN DONE FOR YOU...LARGE LEVEL SITE WHICH HAS BEEN CLEARED AND IS READY TO BUILD, BUILDING QUOTE AVAILABLE ON REQUEST.SURROUNDED BY QUALITY HOMES.EACH DA APPROVED DUPLEX FEATURES INCLUDE 3 SPACIOUS BEDROOMS, MASTER WITH ENSUITE, 2 ADDITIONAL BATHROOMS, 2 CAR GARAGE WITH COMBINED KITCHEN AND LIVING AREAS THAT FLOW OUTSIDE TO THE COURTYARD ENTERTAINING AREAS.AS THE PROPERTY IS NOT YET BUILT, YOU ONLY PAY STAMP DUTY ON THE LAND COMPONENT. YOU'LL STILL NEED A CONSTRUCTION LOAN AS THE HOUSE IS BEING BUILT, BUT AS THE INTEREST IS ALL TAX DEDUCTIBLE, YOU'LL BE OUT IN FRONT. BEING A NEW HOUSE, YOU CAN TAKE ADVANTAGE OF HIGHER DEPRECIATION RATES WHICH HELPS ENORMOUSLY WITH THE HOLDING COSTS AND CAN TURN A NEGATIVELY GEARED PROPERTY INTO A CASH-FLOW POSITIVE PROPERTY AFTER THE TAX REFUND.ARCHITECT DESIGNED PLANS.- DA APPROVED FOR TWO 3 BED X 3 BATH DUPLEX PAIR'S- SUNNY NORTH FACING ASPECT- GOOD SIZE 825M2 BLOCKFLOOR & SITE PLANS AND COPIES OF THE DEVELOPMENT APPLICATION ARE AVAILABLE ON REQUEST TO SEE JUST GIVE US A CALL.FEATURES INCLUDE: CLOSE TO SCHOOLS, CLOSE TO SHOPS, CLOSE TO TRANSPORT

Property History for 98 Colamba St, Chinchilla, QLD 4413

A timeline of how this property has performed in the market
Last Sold
$278,000
27 May 2009
  • 28 May 2015
    Listed for Sale DA APPROVED - $214,900
  • 27 May 2009
    Sold for $278,000
  • 17 Apr 2009
    Listed for Sale $298,000
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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.
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.

Suburb Insights for Chinchilla 4413

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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.