OFF MARKET

12 Farrer Street
Cranley QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 527m2
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Property Details for 12 Farrer St, Cranley

12 Farrer St, Cranley is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 527m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
2016
Floor Size
137m2
Land Size
527m2
Local Government
Toowoomba Regional
Lot/Plan
90/SP264493

Last Listing description (March 2023)

THIS HOME is tremendously well-positioned 400 metres from a lovely park and 1.5km to Fairview Heights Primary School.

INVESTOR QUICK GLANCE:

- Get 5.46% gross rent yield at next lease renewal
::: Our opinion of weekly market rental work is $520.00 per week
- Current rental income is $440/wk 'til June 2023

PRESENTED by Jacqui Walker - this solid investment is the ideal property to add to your portfolio ... the location is right and the outlook for the yield is very good!

SET on a fenced 527 Sq Mtr allotment, this home features:

- Winning combination of 4 Bedrooms, 2 Bathrooms & auto Double Garage
- Stone benches to kitchen, with dishwasher and electric cooking
- Formal lounge room
- Reverse cycle air-conditioning to open plan dining and family room
- This leads to undercover entertainment area with ceiling fan
- Ensuite and walk-in-robe ensures a fantastic master bedroom experience
::: With a ceiling fan, too
- Built-in-robes and ceiling fans to additional bedrooms
- Main bathroom for the family with separate bath and shower
- Private main toilet
- Remote controlled double garage
- Plenty of storage space
- And security screens to all windows and doors

SO WHAT'S NEARBY?

- 400m to Barlow Street Park
- 1.5km to Fairview Heights State Primary School
- 1.7 km to Wilsonton State High School
- 3.1km to Wilsonton Shopping Centre
- 3.4km New Toowoomba Hospital

TO INSPECT this SUPERB FAMILY HOME, call or message The Jacqui Waker Sells Team now. MUST BE SOLD!

***HELPFUL INFO courtesy of Jacqui Walker:

- Orientation to Street: West slight-north

- Allotment Size: 527 Sq Mtrs
- Allotment Dimensions: 17.0m wide x 31.0m deep, approx

- Recent General Rates and Charges: $1,186.50 gross 1/2 yr
- Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
- Local Government Area: Toowoomba Regional Council

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

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

Property History for 12 Farrer St, Cranley, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$500,000
06 Feb 2023
Listed for Rent
$440/w
25 May 2022
  • 06 Feb 2023
    Sold for $500,000
  • 03 Jan 2023
    Listed for Sale Offers Over $495,000
  • 17 May 2022
    Listed for Rent - Price not available
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About Cranley 4350

The size of Cranley is approximately 10.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Cranley in 2011 was 851 people. By 2016 the population was 1,444 showing a population growth of 69.7% in the area during that time. The predominant age group in Cranley is 70-79 years. Households in Cranley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranley work in a trades occupation. In 2011, 77.2% of the homes in Cranley were owner-occupied compared with 66.4% in 2016.

Cranley has 861 properties. Over the last 5 years, Houses in Cranley have seen a 84.52% increase in median value, while Units have seen a 93.81% increase. As at 31 October 2024:

  • The median value for Houses in Cranley is $643,119 while the median value for Units is $520,101.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Cranley.

Suburb Insights for Cranley 4350

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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.