OFF MARKET

30 Redbank Drive
Greenvale QLD 4816

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 55100m2
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Property Details for 30 Redbank Dr, Greenvale

Building Type
Land
Land Size
55100m2
Local Government
Charters Towers Regional
Lot/Plan
138/RP895224

Last Listing description (September 2023)

Greenvale is a nickel mining settlement in Queensland, Australia, approximately 280 kilometres northwest of Townsville in a highly endowed mineralised Province. It lies close to existing base metal mines, and advanced mineral projects being considered for development. Serviced by major arterial roads undergoing further improvement, and investigations are under way into the re-opening of the Greenvale rail corridor.
Located within the Charters Towers Region in the Dalrymple Shire.
There is a 9-hole golf course, caravan park, police station, and general store/mini supermarket. The hotel serves meals and has a number of self-contained units once used by the mine to house staff and contractors. The Greenvale Post Office opened on 1 November 1973.

It lies on the banks of the Burdekin River and on the Gregory Developmental Road. A good sealed road crosses the hills over to Townsville. An ore-carrying railway line ran between Greenvale and Queensland Nickel Industries (QNI) processing plant at Yabulu, approximately 20 kilometres north of Townsville from 1974 to 1993. Some of the longest trains in Australia were pulled along this. The railway line tracks were removed in mid-2000 however the bridges, cuttings, blue metal and easement remain. Occasionally people walk from Yabulu to Greenvale along it, as a form of fundraising. Despite the fact that the mine itself has since concluded operations, more mining operations around the area have since commenced and homes are all fully occupied with workers supporting the regional mining and exploration.
Greenvale's population is approximately 150; however, when the nickel mine was in operation, its population was roughly estimated to be 3,000. The 2006 Census Data states that 255 people were living in the Greenvale statistical division of the Dalrymple.
The Greenvale mining lease has undergone extensive exploration work by Straits Resources and Metallica Minerals for the purpose of reopening the nickel and cobalt operations. The surrounding areas have extensive nickel and cobalt mineralisation. During this most recent exploration work, the Lucknow ridge south of the mine has been found to contain one of the largest known reserves of scandium oxide in the Lateritic nickel ore deposits. According to the managing director of Metallica Minerals, Andrew Gillies, the deposit's quality and purity are remarkably high. Scandium oxide is a critical component of solid oxide fuel cells which have promise for the efficient direct production of electricity from low carbon gas fuels.
This is 5.51 Ha (13.61 acres approx) of land in town with 2 bitumen road frontages kerbed and channelled, next to established units, close to the tavern and caravan park, and across from the town sport's ground. Services are available to the site and recent discussions with Council imply sub-division potential and/or material change of use would be favourably considered.

Property History for 30 Redbank Dr, Greenvale, QLD 4816

A timeline of how this property has performed in the market
Last Sold
$78,000
14 Nov 2018
  • 13 Sep 2023
    Listed for Sale Not Disclosed
  • 14 Nov 2018
    Sold for $78,000
  • 22 Mar 2016
    Listed for Sale All Offers Considered Over $50,000
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About Greenvale 4816

The size of Greenvale is approximately 6,120.7 square kilometres. It has 3 parks. The population of Greenvale in 2011 was 290 people. By 2016 the population was 221 showing a population decline of 23.8% in the area during that time. The predominant age group in Greenvale is 60-69 years. Households in Greenvale are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Greenvale work in a managers occupation. In 2011, 60.1% of the homes in Greenvale were owner-occupied compared with 57.5% in 2016.

Greenvale has 213 properties. Over the last 5 years, Houses in Greenvale have seen a 129.53% increase in median value, while Units have seen a 119.65% increase. As at 31 October 2024:

  • The median value for Houses in Greenvale is $197,296 while the median value for Units is $131,421.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Greenvale on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Greenvale.

Suburb Insights for Greenvale 4816

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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.