OFF MARKET

1/13 Carmen Street
Kearneys Spring QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 315m2
Land area: 375m2
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Property Details for 1/13 Carmen St, Kearneys Spring

1/13 Carmen St, Kearneys Spring is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 375m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Floor Size
315m2
Land Size
375m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP270036

Last Listing description (March 2021)

If you are looking for an investment with dual income capabilities in a location perfect for the new wave of university students or professionals moving to town then this is your chance as Webster Cavanagh is proud to present 1 & 2 / 13 Carmen Street to the market for sale.

Nestled away in a quiet leafy pocket within Kearneys Spring these two residences are located adjacent to Anita Drive park and were constructed in 1991. They offer a brick veneer external finish with a tile roof and as seen so often in real estate of this by gone era the design offers spacious rooms and an abundance of natural light penetration.

Returning an impressive 5.1% gross yield these properties are being offered to the market as a package deal.

Each property features the following:
- 2 Spacious bedrooms with built in robes and ceiling fans.
- 1 bathroom with a separate toilet
- Spacious open plan living, dining and kitchen area
- Reverse cycle air conditioning
- Single electric lock up garage
- Fully fenced rear yard with entertaining area.
- 5.5km to the Toowoomba CBD
- 650m to the University of Southern Queensland
- 100m to public transport infrastructure
- 250m to the Uni Plaza shopping complex
- Rental Return of $260.00/week per residence ($27,040 per year)
- There is no current body corporate scheme is in place

Council rates
$927.50 per half year nett (per dwelling)

Water Rates
$295.00 per half year nett (per dwelling)

School Catchment
Prep to Year 6 Darling Heights State School
Year 7 to Year 12 Harristown State High School

Property History for 1/13 Carmen St, Kearneys Spring, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$245,000
27 Feb 2017
  • 27 Feb 2017
    Sold for $245,000
  • 18 Feb 2017
    Listed for Sale Not Disclosed
  • 17 Nov 2016
    Listed for Sale $538,000

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About Kearneys Spring 4350

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years. Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

Kearneys Spring has 4,845 properties. Over the last 5 years, Houses in Kearneys Spring have seen a 92.44% increase in median value, while Units have seen a 69.37% increase. As at 30 November 2024:

  • The median value for Houses in Kearneys Spring is $691,387 while the median value for Units is $444,353.
  • Houses have a median rent of $530 while Units have a median rent of $400.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Kearneys spring on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Kearneys spring.

Suburb Insights for Kearneys Spring 4350

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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.