OFF MARKET

8 Lexi Street
Glenvale QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 216m2
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Property Details for 8 Lexi St, Glenvale

8 Lexi St, Glenvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 216m2.

Building Type
Unit
Land Size
216m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP274180

Last Listing description (September 2023)

Do not miss this fantastic opportunity to secure a low maintenance half duplex in a great location! Built in 2015 and featuring 2 bedrooms, 1 bathrooms and a well equipped kitchen, this unit represents great value and the perfect opportunity for first home buyers or the eager investor looking to add a low-cost and high returning unit to their portfolio. Ideally located at the end of a quiet Street and within walking distance to Coles Glenvale as well as numerous local schools and parks, this unit is sure to tick plenty of boxes!

Features Include:
Two built in bedrooms with ceiling fans

Main bedroom with split system air conditioner and access to two-way bathroom
Bathroom equipped with separate bath and walk in shower
Single lock up garage with internal access
Open plan living/kitchen area with air conditioning
Kitchen equipped with stainless steel appliances and ample cupboard space
Covered outdoor entertainment area
Fully fenced yard
Currently rented for $360/week until February 2024 (Over 6% return!)
Rental assessment of $360 - $380/week

*General Rates: $1061.88 net per half year after discount for paying on time*
*Water Rates: Access $315.29 net per half year after discount for paying on time plus

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Property History for 8 Lexi St, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Listed for Rent
$360/w
03 Jan 2023
  • 13 Jul 2023
    Listed for Sale & Sold
  • 03 Jan 2023
    Listed for Rent $360 / week
  • 14 Mar 2022
    Listed for Rent $340 / week
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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 4,023 properties. Over the last 5 years, Houses in Glenvale have seen a 72.56% increase in median value, while Units have seen a 70.14% increase. As at 30 September 2024:

  • The median value for Houses in Glenvale is $652,056 while the median value for Units is $488,974.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 20 properties listed for sale, and 14 properties listed for rent in Glenvale on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Glenvale.

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