OFF MARKET

2 Lancaster Street
Garbutt QLD 4814

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 850m2
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Last updated 16 Sep 2024
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Property Details for 2 Lancaster St, Garbutt

2 Lancaster St, Garbutt is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 850m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
House
Year Built
1950
Floor Size
90m2
Land Size
850m2
Local Government
Townsville City
Lot/Plan
11/T118333

Last Listing description (July 2014)

CUTE AS A BUTTON AND NEAT AS A PIN!!!
GREAT FIRST HOME OR INVESTMENT OPPORTUNITY!!! Set on a huge 850m2 corner block in Garbutt, often referred to as the Sleeping Giant. This corner block could be developed (STCA) by adding an extra home on the rear of the property with its own access from the side street. Neat as a pin with a brand new kitchen, spacious open plan dining and lounge. There are two generous sized bedrooms central to the retro style bathroom and separate toilet. Plenty of outdoor area with a front patio whilst downstairs there is a rumpus room single lock up car accommodation and laundry. The home has served the current owners well for many years and now its time to move on, so be quick as it won't last.

Property History for 2 Lancaster St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$245,000
02 Aug 2014
  • 02 Aug 2014
    Sold for $245,000
  • 18 Jul 2014
    Listed for Sale $259,000 NEG

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About Garbutt 4814

The size of Garbutt is approximately 12 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2011 was 2,482 people. By 2016 the population was 2,425 showing a population decline of 2.3% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Garbutt work in a trades occupation. In 2011, 37.8% of the homes in Garbutt were owner-occupied compared with 37.5% in 2016.

Garbutt has 2,408 properties. Over the last 5 years, Houses in Garbutt have seen a 74.56% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Garbutt is $478,864 while the median value for Units is $270,018.
  • Houses have a median rent of $463 while Units have a median rent of $370.
There are currently 17 properties listed for sale, and 27 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Garbutt.

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