OFF MARKET

2/58 Wuth Street
Darling Heights QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 71m2
Land area: 601m2
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Property Details for 2/58 Wuth St, Darling Heights

2/58 Wuth St, Darling Heights is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 601m2 and floor size of 71m2.

Building Type
Unit
Year Built
1994
Floor Size
71m2
Land Size
601m2
Local Government
Toowoomba Regional

Last Listing description (January 2024)

Both units feature:
- 2 spacious bedrooms with built-in robes and ceiling fans
- Functional kitchen with electric cooking appliances (unit 2 larger in size)

- Open plan living and dining space with ceiling fan and air-conditioning (unit 2 larger in size)
- Family bathroom with shower, bath, and vanity
- Toilet separate for convenience
- Internal laundry
- Single lock-up garage
- Each unit has fenced private yard space
- Both units are appraised $320-$330 each per week
- Overall dwelling on 601m?? allotment

Conveniently set nearby the University of Southern Queensland, Darling Heights State School, only moments to local parks and Westridge Shopping Centre, 58 Wuth Street is an ideal investment opportunity to add to the portfolio with great returns, or alternatively, live in one and rent the other.

Both units are very similar, with unit 2 slightly larger in overall proportions, with a larger kitchen, living space and rear, fenced yard space. Each unit features 2 carpeted bedrooms with built-in robes and ceiling fans, a spacious open plan living/dining room with ceiling fan and reverse cycle air-conditioning and a functional kitchen with electric cooking appliances. The bathroom has a shower, bath, vanity, the toilet is separate for convenience and the internal laundry features a single wash tub. For the occupant's vehicle, there is a single lock-up garage.

Externally, each unit has a privately fenced rear yard space and the overall dwelling is on a 601m?? allotment.

Investors - both units are currently vacant for the purpose of selling. Each is expected to return $320-$330 per week in current market conditions for a combined return of $640-$660 per week. Vacancy rates are still extremely low in the region with a shortage of rental properties.

Rent both units and reap the rewards, move into one and rent the other... there are plenty of options to consider!

For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,688.16 net per half year
Water rates: currently $314.59 net per half year plus consumption

Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School

Home Built: 1980

Property History for 2/58 Wuth St, Darling Heights, QLD 4350

A timeline of how this property has performed in the market
Listed for Rent
$350/w
13 Apr 2023
  • 13 Apr 2023
    Listed for Rent $350 / week
  • 13 Mar 2023
    Listed for Sale $595,000
  • 02 Jan 2020
    Listed for Rent $250 / week

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About Darling Heights 4350

The size of Darling Heights is approximately 6.1 square kilometres. It has 11 parks covering nearly 3.6% of total area. The population of Darling Heights in 2011 was 4,922 people. By 2016 the population was 5,211 showing a population growth of 5.9% in the area during that time. The predominant age group in Darling Heights is 20-29 years. Households in Darling Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Darling Heights work in a professional occupation. In 2011, 56.8% of the homes in Darling Heights were owner-occupied compared with 52.8% in 2016.

Darling Heights has 2,022 properties. Over the last 5 years, Houses in Darling Heights have seen a 78.63% increase in median value, while Units have seen a 45.29% increase. As at 31 July 2024:

  • The median value for Houses in Darling Heights is $596,906 while the median value for Units is $374,759.
  • Houses have a median rent of $475 while Units have a median rent of $370.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Darling heights on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Darling heights.

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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.