595 South StreetGlenvale QLD 4350
Property Details for 595 South St, Glenvale
595 South St, Glenvale is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 5661m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (September 2018)
Canny Developers, astute investors or land bankers with an eye for the future, be in the heart of the expanding Western growth corridor of Toowoomba with major land developments opposite and nearby, adjutant to an overs 50s village, proposed new retail centre in the area, expanding schools and close to major employment hubs of Charlton and the new Wellcamp airport.
Opportunities subject to TRC approvals but acceptable outcomes under the current town plan include but are not limited to Child Care centres, Health care services, Veterinary services, accommodation activities, club, community care centre, or place of worship.
The current zoning of low - medium density residential allows multi residential options. This strategic holding of 5,661m2 demands your attention and with a holding income of over $28,000 per year or $555 per week from the 3 separate tenancies, any way you do the maths this stacks up.
Huge 5,661m2 block
Zoned low to medium density
Rented two bedroom home
Large amount of hard stand
Multiple tenants provide
Holding income of $555 per week
Excellent development opportunity
Property History for 595 South St, Glenvale, QLD 4350
- 13 Aug 2018Sold for $425,000
- 07 Mar 2017Listed for Sale Offers Over $450,000
- 19 Feb 2016Listed for Sale OFFERS OVER $475,000
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0About 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 4,052 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.
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