SOLD
Sold on 23 Sep 2024 for $210,000

127 Eighth Avenue
Home Hill QLD 4806

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1071m2
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Property Details for 127 Eighth Ave, Home Hill

Building Type
Commercial
Land Size
1071m2
Local Government
Burdekin
Lot/Plan
2/SP317988

Last Listing description (February 2023)

This Popular Well Established Freehold Burger - Fish - Pizza - Coffee Bar has successfully operated for over 10 years in the main Street of Home Hill - Opposite the popular IGA Supermarket - The Fast Food outlet specializes in Burgers - Fish & Chips - Pizza - and Chinese Takeaway Food - Vendors have also recently added a 10m x 9m Private Outdoor Seating area for customers + 25 KW Solar System
Owners are also offering a 3yr + 3 yr Lease back of the premises to the Purchaser that will represent an 8% net return on investment to the astute Purchaser
Sale will also include and Plant & Equipment Fittings & Fixtures - For further details or to arrange for an inspection please contact David on 0400756274

Property History for 127 Eighth Ave, Home Hill, QLD 4806

A timeline of how this property has performed in the market
Last Sold
$210,000
23 Sep 2024
  • 23 Sep 2024
    Sold for $210,000
  • 08 Feb 2023
    Listed for Sale $220,000
  • 12 Dec 2019
    Sold for $120,000

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About Home Hill 4806

The size of Home Hill is approximately 20.2 square kilometres. It has 5 parks covering nearly 2.8% of total area. The population of Home Hill in 2011 was 3,027 people. By 2016 the population was 2,946 showing a population decline of 2.7% in the area during that time. The predominant age group in Home Hill is 60-69 years. Households in Home Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Home Hill work in a labourer occupation. In 2011, 71.1% of the homes in Home Hill were owner-occupied compared with 69.3% in 2016.

Home Hill has 1,505 properties. Over the last 5 years, Houses in Home Hill have seen a 84.61% increase in median value, while Units have seen a 81.52% increase. As at 31 October 2024:

  • The median value for Houses in Home Hill is $249,260 while the median value for Units is $238,165.
  • Houses have a median rent of $350 while Units have a median rent of $250.
There are currently 33 properties listed for sale, and 1 property listed for rent in Home hill on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Home hill.

Suburb Insights for Home Hill 4806

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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.