OFF MARKET

69 Mellor Street
Gympie QLD 4570

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Land area: 748m2
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Last updated 30 Sep 2024
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Property Details for 69 Mellor St, Gympie

69 Mellor St, Gympie is a 1 bedroom, 1 bathroom Unit with 4 parking spaces. The property has a land size of 748m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Land Size
748m2
Local Government
Gympie Regional
Lot/Plan
22/MPH34960

Last Listing description (December 2022)

This well maintained property offering 8 units, with an excellent low vacancy track record, makes perfect sense for the astute investor.

- Weekly return of $1015
- Rental yield of 9+%

- District zoning
- Ideal CBD location with limitless options
- Consistent rental demand
- Lots of storage
- Double carport plus extra parking at rear for 2 vehicles
- Side access
- Established for easy operation
- Looking for a set and forget money making proposition? Do the numbers, this package stacks up!

Current owner is realistic and invites your offers. Astute investors, this is one for the super; call me today to discuss further. This could be your best buy yet.

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Property History for 69 Mellor St, Gympie, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$515,000
15 May 2018
Listed for Rent
$225/w
01 Mar 2024
  • 28 Jun 2022
    Listed for Rent $195 / week
  • 15 Jul 2021
    Listed for Rent - Price not available
  • 21 Sep 2020
    Listed for Rent - Price not available
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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 6,440 properties. Over the last 5 years, Houses in Gympie have seen a 107.99% increase in median value, while Units have seen a 38.01% increase. As at 30 September 2024:

  • The median value for Houses in Gympie is $529,625 while the median value for Units is $387,749.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 75 properties listed for sale, and 21 properties listed for rent in Gympie on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Gympie.

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