SOLD
Sold on 15 Dec 2023 for $725,000

40 Burns Street
Fernvale QLD 4306

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 152m2
Land area: 1196m2
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Property Details for 40 Burns St, Fernvale

Building Type
Commercial
Floor Size
152m2
Land Size
1196m2
Local Government
Somerset Regional
Lot/Plan
3/RP199256

Last Listing description (March 2024)

Welcome to 40 Burns St, Fernvale - Your Gateway to Business Success!
This strategically positioned property, boasts three spacious industrial sheds plus excellent office space and parking. making it a versatile space, tailor-made for a range of commercial businesses.
With excellent Brisbane Valley Highway visibility, the property has entry of a quiet street.

Great care has been taken to ensure excellent drainage of the site as well as the provision of quality industrial security fencing and back to base security.
The property is in excellent condition throughout and the owners will negotiate some storage racking, benches and a fork lift with the purchaser.
Contact Colin or Bianca for further information.

Property History for 40 Burns St, Fernvale, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$725,000
15 Dec 2023
  • 15 Dec 2023
    Sold for $725,000
  • 11 Jan 2018
    Listed for Sale $559,000
  • 28 Jan 2016
    Listed for Sale Not Disclosed
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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 1,689 properties. Over the last 5 years, Houses in Fernvale have seen a 106.07% increase in median value, while Units have seen a 167.43% increase. As at 31 October 2024:

  • The median value for Houses in Fernvale is $714,346 while the median value for Units is $634,174.
  • Houses have a median rent of $550.
There are currently 16 properties listed for sale, and 1 property listed for rent in Fernvale on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Fernvale.

Suburb Insights for Fernvale 4306

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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.