SOLD
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Sold on 18 Sep 2023 for $199,000

6 Arthur Street
Depot Hill QLD 4700

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 567m2
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Property Details for 6 Arthur St, Depot Hill

6 Arthur St, Depot Hill is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 567m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 4 bedroom House sold in Depot Hill in the last 12 months.

Building Type
House
Land Size
567m2
Local Government
Rockhampton Regional
Lot/Plan
2/RP606522

Last Listing description (September 2023)

Are you ready to step into an exceptional property opportunity? Look no further! This remarkable residence at 6 Arthur Street, Depot Hill offers an enticing blend of comfortable living and fantastic investment potential. With a current rental appraisal of $360 to $380 per week, yielding an impressive 9% to 9.5% return, this property promises not only a cozy haven but also a pathway to financial prosperity.

Bedrooms: 4 bedrooms, plus a sleepout and an office – ample space for a growing family or a home-based workspace.
Bathroom: Recently renovated, ensuring modern convenience and style.

Roof: Brand new roof, gutters, and downpipes, providing peace of mind and protection from the elements.
Solar Power: Equipped with approximately 6.8kW solar panels installed in 2021, helping you save on energy costs while embracing sustainability.
Air-Conditioning: Enjoy year-round comfort with 3 split-system air-conditioning units, including a dining area unit just a year old.
Cladding: Completely new cladding in 2019, enhancing the property's aesthetics and durability.
Interior: The classic charm of tongue and groove walls and high ceilings adds character and a sense of spaciousness.
Enclosed Under: The property boasts ample enclosed space underneath, with good height and a concrete floor.
Dual Driveway: Convenient dual driveway access from the road, along with a generously sized area on the left-hand side that's perfect for potential shed construction or additional parking.
Investment Potential: With a rental appraisal ranging from $360 to $380 per week, this property presents a remarkable 9% to 9.5% rental yield. And the possibilities don't end there – invest a little more to enhance the property's value and rental income potential. Minor upgrades like new flooring and painting could potentially boost the weekly rent to over $400, giving you an even higher return on your investment.

Location: Nestled in the sought-after area of Depot Hill, this property offers both convenience and tranquility. Enjoy easy access to local amenities, schools, parks, and transport options, making it an ideal place to call home or invest.

Ideal Buyer: Whether you're a first-time homebuyer on a budget or an astute investor seeking a high-yield property, this residence ticks all the boxes. Imagine paying less on your mortgage than you would on rent – your financial future could be brighter than ever.

Don't miss out on this incredible opportunity to secure your future. Contact us today to arrange a viewing and see how 6 Arthur Street, Depot Hill can be the perfect place for you to call home or to add to your investment portfolio.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.

Property History for 6 Arthur St, Depot Hill, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$199,000
18 Sep 2023
  • 06 Sep 2023
    Sold for $199,000
  • 31 Aug 2023
    Listed for Sale $199,000
  • 27 Apr 2021
    Sold for $90,000
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About Depot Hill 4700

The size of Depot Hill is approximately 3.1 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Depot Hill in 2011 was 1,065 people. By 2016 the population was 1,043 showing a population decline of 2.1% in the area during that time. The predominant age group in Depot Hill is 50-59 years. Households in Depot Hill are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Depot Hill work in a labourer occupation. In 2011, 68.9% of the homes in Depot Hill were owner-occupied compared with 60.9% in 2016.

Depot Hill has 562 properties. Over the last 5 years, Houses in Depot Hill have seen a 84.15% increase in median value. As at 31 July 2024:

  • The median value for Houses in Depot Hill is $266,669 while the median value for Units is $274,001.
  • Houses have a median rent of $380.
There are currently 9 properties listed for sale, and 1 property listed for rent in Depot hill on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Depot hill.

Suburb Insights for Depot Hill 4700

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Brad Unwin
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Mr Real Estate Rockhampton
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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.