12 Somerset StreetGympie QLD 4570
Property Details for 12 Somerset St, Gympie
12 Somerset St, Gympie is a 9 bedroom, 6 bathroom Unit with 3 parking spaces. The property has a land size of 1213m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (July 2024)
Are you looking for an investment opportunity to add to your portfolio? This is your chance to purchase a property with three duplexes that currently have a yearly total income of approximately $48,500. Each duplex is identical and offers plenty of space and privacy for the residents making this property no trouble for future rent return. With low maintenance buildings, a flood free block and a solid return, this property ticks all the boxes for your next investment.
Property Features:
- 1,213m2 allotment with plenty of access space to each duplex
- 3 light filled bedrooms with ceiling fans and built ins in each duplex
- Main bedrooms come with an ensuite and built ins
- Main family bathroom
- Great kitchen with plenty of storage overlooking the air conditioned open plan dining and living area
- Adjoining the living area is a media room with a ceiling fan
- 1 bay lockable garage
This is a unique investment prospect with a strong return for the future purchaser. So if you are looking for a perfect investment opportunity, then this one is for you.
Call Bodie Weir to arrange for an inspection.
Property History for 12 Somerset St, Gympie, QLD 4570
- 10 Feb 2022Sold for $1,000,000
- 03 Feb 2022Listed for Sale UNDER CONTRACT/OFFER
- 29 Nov 1991Sold for $57,000
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About Gympie 4570
The size of Gympie is approximately 15.2 square kilometres. It has 32 parks covering nearly 13.9% of total area. The population of Gympie in 2011 was 10,156 people. By 2016 the population was 10,787 showing a population growth of 6.2% in the area during that time. The predominant age group in Gympie is 0-9 years. Households in Gympie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gympie work in a labourer occupation. In 2011, 57.8% of the homes in Gympie were owner-occupied compared with 54.1% in 2016.
Gympie has 6,442 properties. Over the last 5 years, Houses in Gympie have seen a 109.85% increase in median value, while Units have seen a 52.53% increase. As at 31 October 2024:
- The median value for Houses in Gympie is $535,194 while the median value for Units is $394,424.
- Houses have a median rent of $495 while Units have a median rent of $350.
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