OFF MARKET

2/1 Gunn Street
Kearneys Spring QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 647m2
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Last updated 16 Dec 2024
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Property Details for 2/1 Gunn St, Kearneys Spring

2/1 Gunn St, Kearneys Spring is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 647m2 and floor size of 83m2.

Building Type
Unit
Floor Size
83m2
Land Size
647m2
Local Government
Toowoomba Regional

Last Listing description (March 2023)

The key to a great investment property begins with location, making this well positioned lowset duplex an ideal candidate for the astute investor!

Ideally situated on a corner allotment of 647m2, this brick and tile complex offers two well appointed, updated units each containing open plan living, dining and kitchen areas as well as two generous built in bedrooms and a modern bathroom.

Located close to shopping, eateries, parkland and the CBD, every convenience is at your tenants doorstep ensuring consistent rental demand and return.

Potential yield of $700 per week with secure tenancies in place.

Rates: Approximately $1786.53 per half year
Water Access: Approximately $314.59 per half year

Property History for 2/1 Gunn St, Kearneys Spring, QLD 4350

A timeline of how this property has performed in the market
Listed for Rent
$260/w
14 Aug 2020
  • 20 Dec 2022
    Listed for Sale Buyer interest above $565,000
  • 22 Jul 2020
    Listed for Rent $260 / week
  • 17 Jul 2019
    Listed for Rent - Price not available
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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 30 properties listed for sale, and 13 properties listed for rent in Kearneys spring on OnTheHouse. According to CoreLogic's data, 230 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.