59-75 Hermitage Road ECranley QLD 4350
Property Details for 59-75 Hermitage Rd E, Cranley
Last Listing description (November 2023)
Located at 59-75 Heritage Road in East Cranley, this large 5.12ha allotment is well placed to take advantage of the ever growing regional hub of Toowoomba.
Situated next to the Toowoomba Bypass and thus easy access to Brisbane and within close proximity to the proposed site of the New Toowoomba Hospital, this property offers:
- 5.12ha relatively flat vacant land
- Perfect for Manufacturing, Electricity Infrastructure, bitumen plants, fibreglass manufacturing and recycling to name a few(STRCZ )
- Possibility to subdivide subject to TRC requirements.
- Ease of access to the Toowoomba Bypass
- Partial concrete driveway
- Close access to the proposed site for the new Toowoomba Hospital
With the future development possibilities in the surrounding areas of this property, do not wait long to inspect.
Property History for 59-75 Hermitage Rd E, Cranley, QLD 4350
- 25 Oct 2023Sold for $1,210,000
- 26 Oct 2018Listed for Sale Call Agent To Discuss Sale Price
- 19 Mar 2014Listed for Sale $2,200,000.00 + GST
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0About 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 862 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.
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