OFF MARKET

83 Lancaster Street
Garbutt QLD 4814

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 358m2
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Property Details for 83 Lancaster St, Garbutt

83 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 358m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1950
Floor Size
92m2
Land Size
358m2
Local Government
Townsville City
Lot/Plan
1/SP282324

Last Listing description (December 2021)

High on character and low on maintenance, this tropical gem on a 358sqm (approx) block will strike a chord with first-home buyers and investors seeking solid returns. High ceilings and polished floorboards deliver warmth and space within, while the location places the airport, the CBD and the foreshore within easy reach.
- Character-filled home on an easy-care 358sqm (approx) block in a no-through road
- High ceilings, polished timber floorboards, and security screens throughout

- Excellent investment potential with expected rental returns of $350 per week (approx)
- Ceiling fans, split system air-conditioners and a generous kitchen with a walk-in pantry
- Broad undercover deck, and 2 secure car spaces behind gates, including one under a carport
- Close to Townsville Airport and bus stops, minutes to the CBD and the beach

Property History for 83 Lancaster St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$227,000
02 Nov 2021
  • 02 Nov 2021
    Sold for $227,000
  • 12 Oct 2021
    Listed for Sale $219,000
  • 13 Jun 2018
    Sold for $175,000
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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 2,422 properties. Over the last 5 years, Houses in Garbutt have seen a 87.92% increase in median value, while Units have seen a 67.41% increase. As at 30 November 2024:

  • The median value for Houses in Garbutt is $522,579 while the median value for Units is $318,264.
  • Houses have a median rent of $473 while Units have a median rent of $365.
There are currently 15 properties listed for sale, and 32 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 139 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.