OFF MARKET

2 Hyde Street
Dimbulah QLD 4872

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 607m2
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Property Details for 2 Hyde St, Dimbulah

2 Hyde St, Dimbulah is a 4 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Land Size
607m2
Local Government
Mareeba
Lot/Plan
20/MPH25205

Last Listing description (July 2017)

This 2 x 2 bedroom duplex is situated on a 607m2 corner allotment in the heart of Dimbulah, opposite the primary school and only a short walk to the shops. Here is an ideal opportunity to start out in the property market or add to an existing investment portfolio.
Both units are currently rented, returning $120 per week & $140 per week respectively - a combined rental income of $260 (approx. 5.5% net return). There is an option to live in one unit and continue to rent out the other as a long term tenant is happy to stay on.
Of solid rendered concrete block construction and in original condition, these units are a mirror image of one another; comprising of 2 large bedrooms, bathroom and kitchen, lounge/dining area and internal laundry. Each unit has a front patio, single carport and the backyard is divided so that each occupier has their own yard space.

An immediate return on investment is forthcoming with this property.
For further information or to arrange an inspection, please contact John Falvo @ Mareeba Property Office.

Property History for 2 Hyde St, Dimbulah, QLD 4872

A timeline of how this property has performed in the market
Last Sold
$150,000
02 Oct 2020
  • 02 Oct 2020
    Sold for $150,000
  • 19 Sep 2018
    Listed for Sale Not Disclosed
  • 20 Jul 2017
    Listed for Sale $165,000 NEG
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About Dimbulah 4872

The size of Dimbulah is approximately 704 square kilometres. The population of Dimbulah in 2011 was 1,413 people. By 2016 the population was 1,056 showing a population decline of 25.3% in the area during that time. The predominant age group in Dimbulah is 50-59 years. Households in Dimbulah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dimbulah work in a managers occupation. In 2011, 70.7% of the homes in Dimbulah were owner-occupied compared with 66.8% in 2016.

Dimbulah has 601 properties. Over the last 5 years, Houses in Dimbulah have seen a 59.00% increase in median value. As at 31 October 2024:

  • The median value for Houses in Dimbulah is $286,924 while the median value for Units is $434,291.
There are currently 23 properties listed for sale, and no properties listed for rent in Dimbulah on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Dimbulah.

Suburb Insights for Dimbulah 4872

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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.