OFF MARKET

2/71 Ruthven Street
Harlaxton QLD 4350

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 78m2
Land area: 92m2
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Property Details for 2/71 Ruthven St, Harlaxton

2/71 Ruthven St, Harlaxton is a 5 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 92m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
92m2
Local Government
Toowoomba Regional
Lot/Plan
2/BUP8050

Last Listing description (November 2023)

THE JACQUI WALKER SELLS TEAM presents this ENTIRE DUPLEX - a strong performer - with LEASE INCOME 'TIL LATE 2023 only 800m to Northpoint Shopping Centre.

INVESTOR QUICK-GLANCE:

::: Site

- Set on a 753 Sq Mtr allotment

::: Income

- U1 earning $290.00/wk until 16/11/23
- U2 earning $320.00/wk until 09/11/23
- Total: $610.00 per week

- Current gross rent return of 5.29% p.a.

- At next renewal, our opinion of market worth is $660.00 gross per week.
- This would result in a gross rent return of 5.72% p.a.

::: Outgoings:

- General Rates: $1,554.27 net 1/2 yr, whole duplex
- Water Access: $314.95 net 1/2 yr, whole duplex + consumption
- Body Corp: NIL, none, nada ... Whole Duplex

FLOORPLAN FAST FACTS:

- 5 Bedrooms
- 2 Bathrooms
- 2 Single Garages, 1 Carport

UNIT 1 DEEP-DIVE:

- 2 bedrooms
::: Built-in robes
- Neat kitchen
- Open-plan lounge and dining room
- Original bathroom
::: Shower and vanity
- Single lock up garage

UNIT 2 DEEP-DIVE:

- 3 bedrooms
::: Built-in robes
- Neat kitchen
- Open-plan lounge and dining room
::: Freshly updated flooring
- Original bathroom
::: Shower and vanity
- Single lock up garage
- PLUS a fantastic front carport

WHAT'S NEARBY?

- 600m to Downlands College
- 700m to Harlaxton Primary School
- 1km to Reg Veacock Park
- 3.1km to Toowoomba CBD
- 3.3km to Grand Central Shopping Centre

THIS STRONG PERFORMER with LONG LEASES is rated 'Vital Viewing Now' for Whole Duplex Investors.

FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by right now to answer your questions. Feel free to text, call or message us night and day. BOOK YOUR INSPECTION NOW.

***Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

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Property History for 2/71 Ruthven St, Harlaxton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$580,000
04 Jul 2023
Listed for Rent
$320/w
28 Oct 2022
  • 04 Jul 2023
    Sold for $580,000
  • 14 Mar 2023
    Listed for Sale $599,000
  • 28 Oct 2022
    Listed for Rent $319 / week
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About Harlaxton 4350

The size of Harlaxton is approximately 5 square kilometres. It has 12 parks covering nearly 10.7% of total area. The population of Harlaxton in 2011 was 2,689 people. By 2016 the population was 2,541 showing a population decline of 5.5% in the area during that time. The predominant age group in Harlaxton is 10-19 years. Households in Harlaxton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Harlaxton work in a labourer occupation. In 2011, 54% of the homes in Harlaxton were owner-occupied compared with 51.6% in 2016.

Harlaxton has 1,481 properties. Over the last 5 years, Houses in Harlaxton have seen a 77.61% increase in median value, while Units have seen a 111.79% increase. As at 31 October 2024:

  • The median value for Houses in Harlaxton is $537,152 while the median value for Units is $455,259.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 13 properties listed for rent in Harlaxton on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Harlaxton.

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