SOLD
Sold on 30 Jul 2024 for $640,000

2/29 Morris Terrace
Gin Gin QLD 4671

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 270m2
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Property Details for 2/29 Morris Tce, Gin Gin

2/29 Morris Tce, Gin Gin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 270m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Gin Gin in the last 12 months.

Building Type
Unit
Floor Size
118m2
Land Size
270m2
Local Government
Bundaberg Regional
Lot/Plan
2/SP224541

Last Listing description (May 2021)

Three in total.
Where else can you buy a 2-bedroom units for $160,000 returning minimum of $220 per unit per week.
Or a good home for yourself!

Low maintenance solid block and brick constriction.
All units are identical two bedrooms with built-in robes and carpeted.
Open plan kitchen/dining. Living room with a sliding door leading to a back patio with private back yard.
A separate toilet and bathroom with the laundry under the carport.
A really good buy!
Walking distance to shops, medical clinics, hospital and schools.
Give us a call and arrange a viewing.

*All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. Sutton Nationwide Realty (Sutton Nationwide Realty Pty Ltd) bears no liability for any loss sustained due to inaccuracy or omission.*

Property History for 2/29 Morris Tce, Gin Gin, QLD 4671

A timeline of how this property has performed in the market
Last Sold
$640,000
30 Jul 2024
Listed for Rent
$220/w
04 Apr 2019
  • 30 Jul 2024
    Sold for $640,000
  • 22 Oct 2020
    Listed for Sale $160,000
  • 12 Mar 2019
    Listed for Rent - Price not available

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About Gin Gin 4671

The size of Gin Gin is approximately 33.8 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Gin Gin in 2011 was 1,190 people. By 2016 the population was 1,066 showing a population decline of 10.4% in the area during that time. The predominant age group in Gin Gin is 60-69 years. Households in Gin Gin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gin Gin work in a labourer occupation. In 2011, 62.8% of the homes in Gin Gin were owner-occupied compared with 58.8% in 2016.

Gin Gin has 803 properties. Over the last 5 years, Houses in Gin Gin have seen a 139.34% increase in median value, while Units have seen a 647.06% increase. As at 31 October 2024:

  • The median value for Houses in Gin Gin is $379,135 while the median value for Units is $261,733.
  • Houses have a median rent of $420.
There are currently 11 properties listed for sale, and no properties listed for rent in Gin gin on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Gin gin.

Suburb Insights for Gin Gin 4671

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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.