SOLD
Sold on 29 Jul 2024 for $823,000

12 Groom Street E
East Toowoomba QLD 4350

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 822m2
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Property Details for 12 Groom St E, East Toowoomba

12 Groom St E, East Toowoomba is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 822m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom Unit sold in East Toowoomba in the last 12 months.

Building Type
Unit
Land Size
822m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP16705

Last Listing description (October 2024)

Get ready to be swept off your feet by this historic colonial home containing three flats in the heart of East Toowoomba. Perfectly positioned near Queens Park and the bustling City centre, this property comprises three flats and boasts 5 bedrooms, 3 bathrooms, and 3 parking spaces in total. With its established land status, this property holds incredible potential. Don't miss the chance to secure a piece of East Toowoomba's history. This is the ideal opportunity to secure this unique property and to explore the fantastic investment potential of this tightly held family investment. Current rental return is $605pw. New rent appraisal for the total three units $810-$880 per week

Features:
New kitchen in unit one

Built in Wardrobes
Ceiling fans
Reverse cycle air conditioners
Broadband / NBN
Security Screens
Fenced Perimeter
Carport

You won't find a better location than East Toowoomba! This property offers an incredible opportunity to own real estate in a vibrant and sought-after area. With its beautiful scenery, and easy access to top quality schools and amenities this property presents an unparalleled investment opportunity. Call for full tenancy and inclusion details.

Rates: Approximately $3,370.99 per half year
Water Access: Approximately $315.29 per half year

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Property History for 12 Groom St E, East Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$823,000
29 Jul 2024
Listed for Rent
$190/w
24 Oct 2023
  • 29 Jul 2024
    Sold for $823,000
  • 02 Jul 2024
    Listed for Sale Buyer interest above $830,000
  • 24 Oct 2023
    Listed for Rent $190 / week
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About East Toowoomba 4350

The size of East Toowoomba is approximately 4 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of East Toowoomba in 2011 was 5,675 people. By 2016 the population was 5,257 showing a population decline of 7.4% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation. In 2011, 55.5% of the homes in East Toowoomba were owner-occupied compared with 54.7% in 2016.

East Toowoomba has 3,276 properties. Over the last 5 years, Houses in East Toowoomba have seen a 77.48% increase in median value, while Units have seen a 83.19% increase. As at 30 November 2024:

  • The median value for Houses in East Toowoomba is $857,863 while the median value for Units is $542,504.
  • Houses have a median rent of $550 while Units have a median rent of $380.
There are currently 15 properties listed for sale, and 30 properties listed for rent in East toowoomba on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in East toowoomba.

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Mel Spencer
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