OFF MARKET

4 Stumm Street
Kearneys Spring QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 78m2
Land area: 607m2
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Property Details for 4 Stumm St, Kearneys Spring

4 Stumm St, Kearneys Spring is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
607m2
Local Government
Toowoomba Regional
Lot/Plan
29/RP187993

Last Listing description (November 2021)

An excellent opportunity presents itself here to buy this fantastic, no fuss duplex which has just been listed to the market. Having had a full refresh/makeover several years ago and currently returning a combined $535per week, this is the perfect choice for the investor looking for a set and forget property to add to their rental portfolio.Identical internally with both units offering two built-in bedrooms, updated kitchens with breakfast bars, open plan living rooms, modern bathrooms with shower over full sized bathtubs and separate toilets, internal laundry's and single lockup garages, outside both units also benefit from private fenced courtyards with covered South facing outdoor areas and garden sheds.With great tenants in place in both units until July 2022 and August 2021 respectively and positioned in an exceptional Kearneys Spring location within walking distance Parkland and minutes to numerous shops, an opportunity exists for either the savvy investor to snap this brilliant property up or the clever first home buyer/owner occupier who are looking to move into one unit and collect rent from the second to help with the mortgage payments.- Unit .1. renting for $270per week on a fixed term lease until the 02/07/2022- Unit .2. renting for $265per week on a fixed term lease until the 14/08/2021- Weekly rent for unit .1. will increase to $275per/week on the 04/06/2021- Great condition, having received a full refresh/makeover several years ago- Updated kitchens with upright ovens with gas cooktops and breakfast bars - Built-ins, modern bathrooms with shower over bathtubs and separate toilets- Single garages, internal laundries, covered outdoor areas and garden sheds - Duplex is not strata titled on 1 title, so no body corporate fees/levies to pay Located in a quiet street in a very popular Kearneys Spring location within walking distance to Parkland and minutes to shops and the USQ, this fantastic duplex is not to be missed!

Property History for 4 Stumm St, Kearneys Spring, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$510,000
11 Oct 2021
  • 21 Oct 2021
    Listed for Sale Offers from $495,000
  • 11 Oct 2021
    Sold for $510,000
  • 08 Dec 2020
    Listed for Sale Offers from $495,000
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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 32 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.