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Sold on 28 Mar 2024 - Price Unavailable

2/11 Carlin Street
Glenvale QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 448m2
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Property Details for 2/11 Carlin St, Glenvale

2/11 Carlin St, Glenvale is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 448m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom Unit sold in Glenvale in the last 12 months.

Building Type
Unit
Land Size
448m2
Local Government
Toowoomba Regional

Last Listing description (June 2024)

This unique property comprises two distinct units, each boasting a host of desirable features that cater to modern living and offer potential for a lucrative return on your investment.

Unit 1: Spacious and Stylish

A generously proportioned dwelling that exudes comfort and convenience.

Boasting three bedrooms, one bathroom, and a single lock-up garage with internal access, this unit provides ample space for a growing family or young professionals.
The open-plan living area with a gas cooktop offers a warm and inviting atmosphere, perfect for entertaining guests or enjoying quality time with loved ones.
The bedrooms come equipped with built-in wardrobes, while the master bedroom boasts a coveted walk-in robe.
Tiled flooring throughout the main living and traffic areas ensures easy maintenance, making this property an attractive proposition for any investor.
Completing the appeal is a covered rear alfresco area and fully fenced grounds with convenient side access.

Unit 2: A Distinctive Retreat
Unit 2 presents a refreshing twist, featuring a well-designed layout that includes one bedroom, an ensuite bathroom, and a single lock-up garage.
The unit surprises with its ample storage options and a spacious kitchen, complemented by an open-plan living space encompassing a comfortable lounge and combined dining area.
The true allure of this unit lies in the privacy it offers, with a secluded walkway leading to the front door.
With modern conveniences such as reverse cycle air conditioning, this unit ensures a comfortable and enjoyable living experience for its occupants.

Profitable Investment:
Both units are currently tenanted, with leases in place until November 24. This creates an immediate and steady rental income stream for savvy investors.
However, the real opportunity lies in the high demand for quality units, allowing you to maximize your yield once the lease periods come to an end.
Take advantage of the thriving real estate market and leverage the unique features of this duplex to achieve excellent returns on your investment. NEW LEASES IN NOVEMBER 23 = YIELD 5.5% GROSS

Property History for 2/11 Carlin St, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Last Sold
28 Mar 2024
Listed for Rent
$320/w
23 Oct 2023
  • 28 Mar 2024
    Sold
  • 10 Oct 2023
    Listed for Rent $320 / week
  • 02 Aug 2023
    Listed for Sale Not Disclosed
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About Glenvale 4350

The size of Glenvale is approximately 14.6 square kilometres. It has 18 parks covering nearly 11.4% of total area. The population of Glenvale in 2011 was 5,405 people. By 2016 the population was 6,347 showing a population growth of 17.4% in the area during that time. The predominant age group in Glenvale is 20-29 years. Households in Glenvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glenvale work in a trades occupation. In 2011, 65.8% of the homes in Glenvale were owner-occupied compared with 58% in 2016.

Glenvale has 4,063 properties. Over the last 5 years, Houses in Glenvale have seen a 63.93% increase in median value, while Units have seen a 68.50% increase. As at 31 July 2024:

  • The median value for Houses in Glenvale is $633,859 while the median value for Units is $460,027.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Glenvale on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Glenvale.

Suburb Insights for Glenvale 4350

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Contact agent
Geoff Martin
Show contact details
LJ Hooker Toowoomba
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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.