OFF MARKET

2/16 Parkview Drive
Glenvale QLD 4350

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 60m2
Land area: 93m2
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Property Details for 2/16 Parkview Dr, Glenvale

2/16 Parkview Dr, Glenvale is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 93m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
93m2
Local Government
Toowoomba Regional
Lot/Plan
2/SP272694

Last Listing description (June 2024)

A tightening rental market is on! INVESTORS, with a vacancy rate under 2% and the 2020 Inland Rail project set to further soak up supply and drive prices NORTH once construction starts, the TIME to buy is NOW. Offering 6% gross return for the duplex buyer, this complex of two units can be bought in one lot, or by individual units to separate owners. Your choice, but BE QUICK to get on the growth curve!

Proudly Offering:

UNIT 1: (3 bed/2 bath/1 car)

- Front porch and entry to hall way
- Fantastic open plan air conditioned living, dining and kitchen area
- Kitchen with stone bench top, gas cooktop, double sink and dishwasher
- Adjoining al fresco dining area and neat outdoors space to rear - backing onto open farm paddock
- Three bedrooms, main with ensuite, air-conditioner and ceiling fan
- Two additional bedrooms, with built-ins and fans
- Main bathroom with shower, bath and toilet
- Stone bench tops in both bathrooms
- Separate laundry
- Window locks and security doors
- Instant gas hot water - natural gas
- Single remote controlled garage (6m x 3m) with internal access to home
- Renting for $300/week, with lease to early Feb 2020
- Price: $247,000 if bought individually, @ 6.3% return

UNIT 2: (2 bed/1 bath/1 car)
- Side path to entry/porch to main living
- Fantastic air conditioned open plan living, dining and kitchen
- Kitchen with stone bench top, gas cooktop, double sink and dishwasher
- Adjoining al fresco dining area at rear - also backs onto farm paddock
- Sizeable main bedroom includes built-in robe, air-conditioner, ceiling fan and private door to main bathroom (also stone tops here)
- Second bedroom with built-in, air-conditioner and fan
- European laundry
- Window locks and security doors
- Instant gas hot water - natural gas
- Single remote controlled garage (6m x 3m)
- Renting for $250/week, with lease to early Feb 2020
- Price: $226,000 if bought individually, @ 5.8% return

Also suited to the individual unit owner-occupier at such value prices, the whole Duplex at $473,000 and $550/week rental is an absolute bargain for a near new dwelling! New Coles Supermarket opening soon, about 800m away. Consider this option very carefully - "JUST" the 'best value' on the market today in Glenvale!

Property History for 2/16 Parkview Dr, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$220,000
03 Sep 2020
Listed for Rent
$250/w
26 Jul 2017
  • 26 Jul 2023
    Listed for Sale Not Disclosed
  • 30 Mar 2022
    Listed for Sale JUST Under Contract!
  • 22 Oct 2020
    Listed for Sale SOLD - 220,000 - 24/09/2020
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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 4,053 properties. Over the last 5 years, Houses in Glenvale have seen a 71.98% increase in median value, while Units have seen a 81.21% increase. As at 31 October 2024:

  • The median value for Houses in Glenvale is $658,163 while the median value for Units is $510,111.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 15 properties listed for rent in Glenvale on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Glenvale.

Suburb Insights for Glenvale 4350

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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.