OFF MARKET

9 Balaroo Drive
Glenvale QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 154m2
Land area: 594m2
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Property Details for 9 Balaroo Dr, Glenvale

9 Balaroo Dr, Glenvale is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2013. The property has a land size of 594m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
2013
Floor Size
154m2
Land Size
594m2
Local Government
Toowoomba Regional
Lot/Plan
236/SP239611

Last Listing description (February 2022)

Too Late ... it's GONE!
Many disappointed Buyers - More Listings Wanted!!!

Another one SOLD by Ian O'Donnell * 0409 348 238

Investor HEAVEN
*Quality 'Government- supported' long-term tenants in place.
*Very strong economic growth area.
*Tax Effective, near new Dwelling.
*Extremely LOW Vacancy area.

Great INVESTMENT home in Glenvale's best subdivision 'The OUTLOOK' Estate with an expansive rural views and oh, soooo close to Parks & Shops.
Long-term tenants been in residence for 7+ years - and willing to enter new lease in May 2022 AND want to stay long-term.
This home is NOT AVAILABLE TO OWNER OCCUPIERS.
The tenants are an organisation, funded by Qld Government, pay monthly in advance and do not want to move out.

Super 'Master Chef' galley style kitchen (ceramic cooktop, stainless steel under bench oven & dishwasher). Loads of bench space, with adjoining combined dining & family room that spills to a spacious covered outdoor patio. Four (4) roomy bedrooms - main bedroom has a good size ensuite and a walk-in robe. All bedrooms have built-ins & ceiling fans. Spacious main bathroom with bath and separate shower. Reverse cycle air-conditioning. Separate laundry. Security screen doors. DOUBLE lock-up garage with internal access. Fully fenced & roomy 594m2 allotment.
Well maintained, low upkeep gardens PLUS rainwater tank.

Built 2013 just 8 years young - this is a good size home in a highly sought-after location.
Walk to new Coles Express S/C, Shops, Parks - the bus stop is close by - just 8 minutes to the City Centre. Easy access to all the Westside Industrial developments & huge employment growth new 'International capable' airport, massive Inland Rail (ARTC) project and loads of new industrial projects happening right now There is NO better time to invest in Australia's 'most-liveable-City'!
This opportunity ticks-all-the-boxes for the Investor with a long-term horizon

**Please NOTE: With long term tenants in place, privacy protocols do not allow me to take internal photos showing the tenants furniture. Some photos shown will not be actual photos of this particular home. Eg some tile or bench tops may vary slightly from the actual, however the external photos, the floorplan and photos used are all a true reflection of the floorplan of the home advertised here. The home is 'lived-in' and is showing some wear 'n' tear overall, well maintained
by both tenants and current Owners and in good order.
I can give more information to the genuinely interested - please ask me. Thanks Ian

***Please NOTE: Re: Inspections ... Due to the tenants' circumstances, we will not be conducting 'regular' inspections. Time to inspect will be - if your Offer is successful - at the Building & Pest Inspection time.
If you have an interest, and you are willing to put forward your Offer 'Subject to a Building & Pest Inspection' the Inspectors will give you a full report and feedback.
Please call me for a more in-depth explanation.

***RATES: General Rates: $1,287.04 nett half year Water Access: 314.95 nett half year

***RENTAL INFORMATION: Great investment in a growing region with long-term growth and very low unemployment. This home is currently leased at $440/week We are leasing similar houses in this area now $440 to $450/week, which makes this home a very attractive investment!

Property History for 9 Balaroo Dr, Glenvale, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$490,000
22 Dec 2021
Listed for Rent
22 Nov 2014
  • 22 Dec 2021
    Sold for $490,000
  • 16 Dec 2021
    Listed for Sale UNDER CONTRACT
  • 20 Nov 2014
    Listed for Rent - Price not available
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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.

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.