OFF MARKET

Lot 10 Lands Rd
Gumlu QLD 4805

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 640415m2
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Property Details for Lot 10 Lands Rd, Gumlu

Building Type
Rural
Land Size
640415m2
Local Government
Whitsunday Regional
Lot/Plan
10/SB89

Last Listing description (November 2021)

With Molongle Creek bounding the southern boundary, this 158 acre (approx) grazing block is ideally situated at Gumlu just west of the township. Gumlu has a pub and shop and is only 30 minutes to Ayr and 45 mins to Bowen with its stunning beaches and great fishing. Airports are 90 minutes in either direction at Townsville or Proserpine.
The block is fully fenced with new three strand boundary fence on three sides and internally broken up into 6 useable paddocks. Water is supplied from a new solar submersible which pumps from a bore roughly situated in the center of the block. The submersible pumps to a 10,000-gallon storage tank, before water is run by 1.5 inch poly line to stock waters. A small dam provides a back up supply to the bore.
Heavily grassed with native species such as Mitchell, Indian Couch and Flinders interspersed with introduced legumes such as Seca and Verano, this country has a heavy carrying capacity and should run a beast to 6 acres all year round.

A new 6000-gallon tank and elevated house pad are situated at the front of the block ready for you to build your weekender.
Timber treatment and general maintenance has been ongoing and there is not a lot of work to do immediately. Paddocks of this size are hard to find and would suit the horse enthusiast or to just run a few cattle to top up the budget. Great buying at the asking price. See Peter for more info or to inspect.

Property History for Lot 10 Lands Rd, Gumlu, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$250,000
17 Sep 2018
  • 28 Sep 2021
    Listed for Sale $305,000
  • 17 Sep 2018
    Sold for $250,000
  • 12 Oct 1983
    Transferred for $23,700

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About Gumlu 4805

The size of Gumlu is approximately 388.5 square kilometres. The population of Gumlu in 2011 was 221 people. By 2016 the population was 165 showing a population decline of 25.3% in the area during that time. The predominant age group in Gumlu is 30-39 years. Households in Gumlu are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Gumlu work in a managers occupation. In 2011, 62.2% of the homes in Gumlu were owner-occupied compared with 70% in 2016..

Gumlu has 97 properties. Over the last 5 years, Houses in Gumlu have seen a 116.48% increase in median value. As at 30 September 2024:

  • The median value for Houses in Gumlu is $265,869 while the median value for Units is $1,109,523.
There are currently 1 property listed for sale, and no properties listed for rent in Gumlu on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Gumlu.

Suburb Insights for Gumlu 4805

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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.