OFF MARKET

8 Farrer Street
Cranley QLD 4350

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 363m2
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Property Details for 8 Farrer St, Cranley

8 Farrer St, Cranley is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 363m2.

Building Type
House
Land Size
363m2
Local Government
Toowoomba Regional
Lot/Plan
2/SP317488

Last Listing description (January 2022)

These modern units being 3 bedroom & 2 bedroom configuration offer a number of flexible options being able to be bought as one lot or separately.As you can see the 3 bedroom unit has an ensuite and each of the units has a small outdoor area and separate yards.A lease in place on the 3 bedroom at $300.00 a week and periodic on the 2 bedroom at $265.00. You may choose to offer new leases, you may choose to buy and rent one for income whilst living in the other. You may simply choose to buy one. This new home area close to all major shopping, schools and hospital has been in very strong demand.

Property History for 8 Farrer St, Cranley, QLD 4350

A timeline of how this property has performed in the market
  • 24 Aug 2021
    Listed for Sale Offers to Purchase

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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.