SOLD
Sold on 15 Dec 2023 for $345,000

5/89 Herries Street
East Toowoomba QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 72m2
Sold By
Tiana Walmsley
The Walmsley Group
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Property Details for 5/89 Herries St, East Toowoomba

5/89 Herries St, East Toowoomba is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 72m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in East Toowoomba in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
72m2
Land Size
72m2
Local Government
Toowoomba Regional
Lot/Plan
5/BUP10952

Last Listing description (March 2024)

Positioned in a small, quiet complex neighboring parks, transport, schools, and Toowoomba CBD, this unit presents a fantastic investment opportunity with a long-term tenant.

Ultra private, close to Town and the East Creek Parkland this unit is accessed from Culver or Boyes Lanes & not Herries Street and is currently rented for $380 per week until 01/07/2024 with the current rental amount being between $380 - $400.

Although currently an investment, this is a perfect low-maintenance home! The functional layout is well designed with an open-plan lounge/dining space, a practical kitchen, three bedrooms, one bathroom, ceiling fans and air-conditioning.

Property features:
- EXCLUSIVE SHED
- Access from Boyes Lane (not off Herries Street)
- Low-maintenance 72m2 unit in a small complex of 5
- Open-plan living and dining area with tiled flooring
- Kitchen featuring a stainless steel dishwasher
- Huge courtyard
- 3 bedrooms and 1 neatly updated bathroom
- Air-conditioning and ceiling fans
- Rented for $380 per week until 01/07/2024
- Current rental appraisal of $380-$400 per week
- 1 km from Toowoomba CBD shops and dining

Only 1km from the heart of Toowoomba City, you have cafes, restaurants, shops, Toowoomba train station and Grand Central Shopping Centre within easy walking distance. Less than 6 minutes from Toowoomba East State School, Centenary Heights State High School, Toowoomba Grammar School, Mater Dei Primary, Toowoomba Anglican School, Toowoomba Hospital and St Vincents Hospital this central location is close to it all.

Property History for 5/89 Herries St, East Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$345,000
15 Dec 2023
Listed for Rent
$270/w
22 Jun 2020
  • 15 Dec 2023
    Sold for $345,000
  • 13 Nov 2023
    Listed for Sale Offers over $320,000
  • 24 Feb 2018
    Listed for Rent $260 / 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 3,267 properties. Over the last 5 years, Houses in East Toowoomba have seen a 76.25% increase in median value, while Units have seen a 79.84% increase. As at 31 August 2024:

  • The median value for Houses in East Toowoomba is $842,953 while the median value for Units is $506,278.
  • Houses have a median rent of $520 while Units have a median rent of $385.
There are currently 25 properties listed for sale, and 27 properties listed for rent in East toowoomba on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in East toowoomba.

Suburb Insights for East Toowoomba 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.