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Sold on 18 Jul 2024 for $642,000

11 Burns Street
Fernvale QLD 4306

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 3537m2
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Property Details for 11 Burns St, Fernvale

11 Burns St, Fernvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 3537m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Fernvale in the last 12 months.

Building Type
House
Land Size
3537m2
Local Government
Somerset Regional
Lot/Plan
29/RP844991

Last Listing description (July 2024)

A spacious 3,537m² property situated just one street back from Main Street, offering prime location and a unique opportunity for various lifestyles. This charming 3 bedroom, 1 bathroom home is perfect for families, investors, and those seeking abundant space, comfort, and versatility.

Step inside to find a welcoming atmosphere with air-conditioned living spaces designed for comfort. The open-plan layout ensures a light-filled and inviting environment, perfect for family living and entertaining. The spacious kitchen offers plenty of room for meal preparation and storage, making it the heart of the home where family members can gather and enjoy quality time together.

One of the standout features of this home is the large back patio, perfect for outdoor entertaining or simply relaxing while overlooking the expansive yard. This space provides an excellent setting for BBQs, family gatherings, or enjoying a peaceful morning coffee.

The expansive, flat, and usable land is another highlight of this property. With side access on both sides, there's ample room for parking caravans, boats, or additional vehicles. This accessibility, combined with the large plot, provides endless possibilities for outdoor activities, future extensions, or even the addition of a pool or larger shed. Three garden sheds provide plenty of storage space for tools, equipment, or hobbies, making it ideal for those with a penchant for gardening, DIY projects, or who need extra storage space.

The property's current rental arrangement, collecting $490 per week, makes it an excellent investment opportunity. The established rental income provides immediate returns and offers potential for future capital growth, especially given the property's prime location and substantial land area.

Features of this Home:
• Three Bedrooms + BIR
• Reverse Cycle Air-conditioning
• Three Garden Sheds
• Open Plan Living Areas
• Spacious Kitchen
• Large Back Patio
• Large Lifestyle Block
• Rear Yard Access
• Fully Fenced 3,537 m² Block
• Established Gardens

Location:
• 2 minute drive to Fernvale Bakery
• 3 minute drive to Fernvale State School
• 3 minute drive to local shopping centres
• 15 minute drive to Ipswich CBD
• 25 minute drive to RAAF Base Amberley
• 45 minute drive to Brisbane CBD

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 11 Burns St, Fernvale, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$642,000
18 Jul 2024
Listed for Rent
$490/w
18 Aug 2023
  • 18 Jul 2024
    Sold for $642,000
  • 23 May 2024
    Listed for Sale FOR SALE
  • 18 Jul 2023
    Listed for Rent $490 / week
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About Fernvale 4306

The size of Fernvale is approximately 27.8 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Fernvale in 2011 was 2,367 people. By 2016 the population was 3,203 showing a population growth of 35.3% in the area during that time. The predominant age group in Fernvale is 0-9 years. Households in Fernvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernvale work in a trades occupation. In 2011, 73.9% of the homes in Fernvale were owner-occupied compared with 65.8% in 2016.

Fernvale has 1,702 properties. Over the last 5 years, Houses in Fernvale have seen a 101.88% increase in median value, while Units have seen a 167.42% increase. As at 31 August 2024:

  • The median value for Houses in Fernvale is $698,307 while the median value for Units is $667,358.
  • Houses have a median rent of $540.
There are currently 20 properties listed for sale, and 3 properties listed for rent in Fernvale on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Fernvale.

Suburb Insights for Fernvale 4306

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Jesse Patrick
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Joel Dennis
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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.