39 Eighth St, Home Hill is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1930. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
This is the investment opportunity of a lifetime and priced to sell with long term tenants. Highset, in a central location, this original building can be purchased as is or upgraded to yield a higher return. Positioned on 911m2, with a carport at rear, this corner block is walking distance to all that Home Hill has to offer.
Unit 1 (Upstairs Left) $100 Per Week.
Fixed Lease - April 2023.
Unit 2 (Upstairs Right) $110 Per Week.
Fixed Lease - August 2022.
1 Bed, 1 Bath, Kitchen, Living.
Unit 3 (Downstairs) $170 Per Week.
Fixed Lease - Feb 2023.
3 Bed, 1 Bath.
Living, dining.
Kitchen, pantry.
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:
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