39-41 Porter StreetGayndah QLD 4625
Property Details for Lot 4/39-41 Porter St, Gayndah
Lot 4/39-41 Porter St, Gayndah is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1619m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (January 2024)
This 1619m2 block houses 3 x 4-year-old solid brick units, one of which is a stand alone unit. Whats even better than that? The fact that there is an approval for 3 more units. The ground work has been done. You will be handed the development approval and the building approvals on purchase.
Just 60 seconds to the heart of the historical township of Gayndah is this great investment opportunity. Tenants all in place with a combined income of $830 per week. Strong tenants including 1 of the units being rented by the Gayndah Council and the other 2 rented by the State Government.
- 3 existing dwellings just 4 years old
- Unit 1 rents for 285pw
- Unit 2 rents for 260pw
- Unit 3 rents for 285pw
- Each with 2 bedrooms, 1 bathroom and a garage
- Air-conditioning
- Ceiling fans
- Security screens
- Built in robes
- All come with your own private rear covered outdoor area
- You can mirror the existing buildings on the opposite side of the block (all approvals in place)
Property History for Lot 4/39-41 Porter St, Gayndah, QLD 4625
- 10 Nov 2023Sold for $640,000
- 16 Mar 2022Listed for Sale 3 Units & DA for More
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0About Gayndah 4625
The size of Gayndah is approximately 68.1 square kilometres. It has 13 parks covering nearly 2.1% of total area. The population of Gayndah in 2011 was 1,788 people. By 2016 the population was 1,973 showing a population growth of 10.3% in the area during that time. The predominant age group in Gayndah is 60-69 years. Households in Gayndah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gayndah work in a labourer occupation. In 2011, 59.5% of the homes in Gayndah were owner-occupied compared with 61.4% in 2016.
Gayndah has 1,201 properties. Over the last 5 years, Houses in Gayndah have seen a 63.27% increase in median value, while Units have seen a 244.26% increase. As at 31 October 2024:
- The median value for Houses in Gayndah is $292,232 while the median value for Units is $171,921.
- Houses have a median rent of $320 while Units have a median rent of $225.
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