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Sold on 30 Nov 2024 for $552,500

7 Railway Street
Ebbw Vale QLD 4304

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1024m2
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Property Details for 7 Railway St, Ebbw Vale

7 Railway St, Ebbw Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1952. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Ebbw Vale in the last 12 months.

Building Type
House
Year Built
1952
Land Size
1024m2

Last Listing description (November 2024)

Auction Location: On Site

Firstly, the property on the block needs substantial renovation and most likely will need to be knocked down.

- Council Rates; $617/ Quarter (Approx)

Nestled in the heart of Ebbw Vale, 7 Railway Street offers a fantastic opportunity for both investors and developers alike. This prime location benefits from excellent transport and easy access to the motorway for seamless connectivity to key destinations in the area and surrounding. Local amenities such as schools, shops, and parks are all within walking distance, making this an ideal base for a variety of potential uses.

This impressive property consists of two lots on one title (42/RP22510 - 516 m²
41/RP22510 - 508 m²), providing a combined block size of 1,024m2 that presents excellent development potential. The versatile layout of the land and its location in an area undergoing significant growth will open the door to a wide range of opportunities, whether you're looking to develop residential units, mixed-use commercial spaces, or even a long-term investment project. With dual title deeds, the flexibility to subdivide or redevelop is enhanced, giving you full control of your development options.

The property's expansive land area and zoning offer immense potential for future development, making it a rare find in this sought-after part of Ebbw Vale. Whether you're looking to capitalize on the area's growth with residential housing, or explore commercial or industrial uses, the property presents endless possibilities to suit a variety of investment strategies.

Key Features

Two lots on one title - potential for subdivision or redevelopment
Excellent location near transport and local amenities
Prime opportunity in a regenerating area
Generous land area, ideal for long-term investment

Don't miss out on this unique opportunity to secure a valuable property in one of the most promising areas in Ebbw Vale.

Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 7 Railway St, Ebbw Vale, QLD 4304

A timeline of how this property has performed in the market
Last Sold
$552,500
30 Nov 2024
  • 30 Nov 2024
    Sold for $552,500
  • 21 Nov 2024
    Listed for Sale AUCTION

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About Ebbw Vale 4304

The size of Ebbw Vale is approximately 1.3 square kilometres. It has 3 parks covering nearly 4% of total area. The population of Ebbw Vale in 2011 was 525 people. By 2016 the population was 514 showing a population decline of 2.1% in the area during that time. The predominant age group in Ebbw Vale is 50-59 years. Households in Ebbw Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ebbw Vale work in a labourer occupation. In 2011, 66.5% of the homes in Ebbw Vale were owner-occupied compared with 68% in 2016.

Ebbw Vale has 295 properties. Over the last 5 years, Houses in Ebbw Vale have seen a 108.35% increase in median value. As at 30 November 2024:

  • The median value for Houses in Ebbw Vale is $544,168 while the median value for Units is $485,218.
  • Houses have a median rent of $410.
There are currently 1 property listed for sale, and no properties listed for rent in Ebbw vale on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Ebbw vale.

Suburb Insights for Ebbw Vale 4304

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Josh Dawson
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Strud Property
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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.