SOLD
Sold on 10 Jun 2024 for $1,100,000

Lands Road
Gumlu QLD 4805

Bedrooms: 1
Bathrooms: 1
Car spaces: 5
Land area: 3351000m2
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Property Details for Lot 24 Lands Rd, Gumlu

Building Type
Rural
Land Size
3351000m2
Local Government
Whitsunday Regional
Lot/Plan
24/SB92

Last Listing description (March 2019)

The effort the vendors have put into transforming this 837 acre grazing block is evident when you drive around the property. Almost 90% of it has been cleared of the woody weed that had previously hindered the land from being fully utilised.
A large dam has been built to supplement the two others that were already on the property. The whole boundary has been cleared giving road access for easy inspections of stock, fencing and watering points. Most fences are in reasonable condition and there are some large open areas with shady gums and a few patches of Gidgee scrub. A deep sandy creek crosses the property as well as a few smaller ones that run in the rainy season.
Improvements include a new 17m x 7m five bay shed with 3 bays fully concreted. A 25,000 litre poly tank collects water from the shed and a shower with gas heater is installed in the shed. An electric pressure pump circulates water to all the facilities. A 6m x 3m fully lined air-conditioned building is utilised as the main living area and a 20' caravan includes kitchen and a second bedroom. A further 2 bay concreted lean to beside the caravan gives plenty of space to relax in the cool sea breeze that always seems to blow in from the coast. A brand new free standing toilet block with septic system completes the facilities.The property also has 3 unequipped bores that can be utilised as well as two windmills that can be repaired and put back into operation.

Currently a new fuel efficient Kubota 12.5kva diesel generator supplies power for the property but power is available from the Ergon power line across the road if required.
The property is approximately 1 kilometer from the township of Gumlu which has a Primary school. School buses service the high school in Home Hill which is only half an hour away. For the fishing enthusiast there are several popular fishing destinations only a short drive away, with Molongle Creek having facilities and a boat ramp with access to popular Cape Upstart, the Great Barrier Reef and deep sea fishing.
This property has most of the hard work done and could be the place you have been looking for. Call today and arrange an inspection.

Property History for Lot 24 Lands Rd, Gumlu, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$1,100,000
10 Jun 2024
  • 10 Jun 2024
    Sold for $1,100,000
  • 25 Mar 2019
    Sold for $615,000
  • 31 Jan 2019
    Listed for Sale $745,000 Neg
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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 124.26% increase in median value. As at 31 August 2024:

  • The median value for Houses in Gumlu is $207,625 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.