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Sold on 28 Aug 2024 for $500,000

4 Melanie Street
Cotswold Hills QLD 4350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 239m2
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Property Details for 4 Melanie St, Cotswold Hills

4 Melanie St, Cotswold Hills is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 239m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Cotswold Hills in the last 12 months.

Building Type
Unit
Land Size
239m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP310316

Last Listing description (August 2024)

HARSHA KUMARASINGHE for The Jacqui Walker Sells Team invites you to MEET UNIT 2 - selling to INVESTORS with Rental INCOME thru to June 2025.

FAST five-fact flyover:

- Under 2 years old
- 1km to Aldi
- Spacious low-set brick Unit with iron roof
- In-vogue colour tones
- Fresh street appeal

INVESTOR QUICK GLANCE:

::: Currently earning $460.00 per week
::: Long lease thru to June 2025
::: That's an annual gross rent yield 4.79% p.a. based on the Offers Over price
::: Nice, NO BODY CORP ... just share the building insurance with the neighbouring Owner
::: Anticipate steady tenant demand
::: See City Economic Snapshot further below ... Toowoomba is booming!

INSIDE DEEP-DIVE:

- Ideally facing NORTH-to-street

- Open-plan Lounge and Dining
::: With reverse-cycle AIR
::: Sliding door leads to UNDER-ROOFLINE, PRIVATE Covered Outdoor Entertaining Area

- The Contemporary Kitchen overlooks this lovely space
::: STONE SURFACE to the kitchen counter
::: The ISLAND COUNTER you want
::: Electric induction stove
::: Electric oven
::: Extraction fan
::: 2-bowl sink
::: Ample recess for family-size fridge/freezer
::: Family-size pantry and all the additional cupboards you could need

- Master Bedroom
::: WALK-IN ROBE and ENSUITE and R/C AIR

- 3 Bedrooms total, each with Ceiling Fans and Built-In Robes

- Bathtub, vanity, separate shower and toilet to the Main Bathroom

- Private arrival home via the auto INTERNAL Single Garage
::: Laundry zone in each Garage

WHAT'S NEARBY?

- 1.0km to Aldi
- 1.5km to Fairview Heights State Primary School
- 2.9km to Wilsonton State High School
- 3.1km to Wilsonton Shopping Centre
- 3.8km to Glenvale Christian School
- 5.9km to Clifford Gardens Shopping Centre
- 7.0km to Grand Central Shopping Centre / CBD

TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast

4 TOP REASONS TO BUY HERE: Selling with income ... Tenants would appreciate the proximity to Aldi ... attractive street appeal ... emphasis on open-plan living.

INVESTORS: it's time to inspect! To help you arrange that, The Jacqui Walker Sells Team is standing by right now for your inquiry or call. SEE FAST!

*****HELPFUL INFO courtesy of The Jacqui Walker Team:

- Recent General Rates and Charges: $1,103.57 net 1/2 yr
- Recent Water Infrastructure Charge: $315.29 net 1/2 yr + consumption
- Body Corp: Nil; generally the Owners would simply share the building insurance

- Orientation-to-street: North

- Local Government Area: Toowoomba Regional Council

- State School Zone: Fairview Primary, P-6; Wilsonton High, 7-12

- Disclaimer: All care taken, however you are encouraged to independently verify all figures and indications.

Property History for 4 Melanie St, Cotswold Hills, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$500,000
28 Aug 2024
Listed for Rent
$340/w
20 Nov 2020
  • 28 Aug 2024
    Sold for $500,000
  • 12 Jul 2024
    Listed for Sale Offers from $499,000
  • 22 Oct 2020
    Listed for Rent $340 / week

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About Cotswold Hills 4350

The size of Cotswold Hills is approximately 5.8 square kilometres. It has 5 parks covering nearly 6.1% of total area. The population of Cotswold Hills in 2011 was 1,211 people. By 2016 the population was 1,290 showing a population growth of 6.5% in the area during that time. The predominant age group in Cotswold Hills is 50-59 years. Households in Cotswold Hills are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cotswold Hills work in a clerical occupation. In 2011, 94.5% of the homes in Cotswold Hills were owner-occupied compared with 86.9% in 2016.

Cotswold Hills has 1,125 properties. Over the last 5 years, Houses in Cotswold Hills have seen a 73.21% increase in median value, while Units have seen a 60.11% increase. As at 31 October 2024:

  • The median value for Houses in Cotswold Hills is $823,707 while the median value for Units is $502,841.
  • Houses have a median rent of $600 while Units have a median rent of $385.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Cotswold hills on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Cotswold hills.

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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.