OFF MARKET

424-430 Mcdougall Street
Glenvale QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 47190m2
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Property Details for 424-430 Mcdougall St, Glenvale

424-430 Mcdougall St, Glenvale is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 47190m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
47190m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP187740

Last Listing description (January 2024)

At a glance:

- Sprawling 4.7-hectare allotment
- 80's home and sheds to provide holding income

- Current home provides opportunities for further renovation or blank slate
- Registered bore
- Approximately 10 minutes to Toowoomba CBD and 15min to Toowoomba Wellcamp Airport
- Oozing with subdivision potential

Now is your opportunity to purchase your own slice of country paradise so close to the Toowoomba CBD! 424-430 McDougall Street presents an idyllic country lifestyle in the middle of town, a great land banking opportunity or development potential - only 10 minutes to the Toowoomba CBD and 15 minutes to the Toowoomba Wellcamp Airport.

Set on approximately 4.7 hectares (11.6 acres), the property features an existing 80's built home with 3 bedrooms, functional kitchen and living/dining space as well as multiple sheds - providing the opportunity for a blank slate to create your own dream lifestyle or landbank for future opportunities and take advantage of a holding income in the interim.

For the astute developer, the property has a gentle slope toward the centre of the property from the East and West to a Greenfield Zone - creating an attractive point of difference for any subdivision with natural parkland and future walking trails accessible to the future estate. Under the current planning scheme, the property is zoned low density residential and is connected to council water, sewage, and stormwater, allowing easy access to infrastructure for future projects.

The property is perfectly positioned to take advantage of the growing Toowoomba community, with easy access to local shops and eateries, CBD, local schools and new infrastructure projects in the Toowoomba region:

- Approximately 10 minutes to Toowoomba CBD
- 1km to Coles Glenvale and the new Glenvale Pharmacy facility
- 1km to Glenvale State School and 3km to Harristown State High School
- Approximately 10 minutes to the new Toowoomba Base Hospital Site in Rockville - expected to be finished before 2032
- Approximately 16 minutes to Toowoomba Wellcamp Airport and other new infrastructure to the west

Opportunities such as this are rare, so don't miss out. For your convenience Team Elevate is available 7 days a week to arrange your private viewing. If you would like a copy of the full information memorandum, please get in contact.

Primary school state catchment: Glenvale State School
High school state catchment: Harristown State High School

General rates: currently $1,636.88 net per half year
Water rates: currently $314.59 net per half year plus consumption

Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 424-430 Mcdougall St, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,200,000
25 Aug 2023
  • 25 Aug 2023
    Sold for $1,200,000
  • 23 Jan 2023
    Listed for Sale UNDER CONTRACT

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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.