SOLD
Sold on 07 Jun 2024 for $470,000

45 Peel Street
Garbutt QLD 4814

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 162m2
Land area: 602m2
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Property Details for 45 Peel St, Garbutt

45 Peel St, Garbutt is a 5 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 602m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom Unit sold in Garbutt in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
162m2
Land Size
602m2
Local Government
Townsville City
Lot/Plan
1/RP727073

Last Listing description (March 2022)

This masonry block duplex sits on a fully fenced 602 sq.m allotment and is located close to the airport and just a short distance from the city is a genuine opportunity for investors to obtain solid returns on their investment.

UNIT 1 Is a good-sized 3 bedroom, 1 bathroom, 2 toilet, 2 car unit with long term tenants paying $330.00 per week.
UNIT 2 is a small 2 bedroom, 1 bathroom, 1 car unit with a long term tenant paying $210 per week.

Investors looking for a 'set and forget' investment should look at what is on offer here.

Property History for 45 Peel St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $470,000
  • 14 Feb 2022
    Sold for $375,000
  • 19 Jan 2022
    Listed for Sale SOLD - Price Withheld
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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 2,416 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 16 properties listed for sale, and 28 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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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.