SOLD
Sold on 02 Jul 2024 for $1,300,000

434 West Street
Kearneys Spring QLD 4350

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 158m2
Land area: 1200m2
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Property Details for 434 West St, Kearneys Spring

434 West St, Kearneys Spring is a 6 bedroom, 2 bathroom House and was built in 1996. The property has a land size of 1200m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Kearneys Spring in the last 12 months.

Building Type
House
Year Built
1996
Floor Size
158m2
Land Size
1200m2
Local Government
Toowoomba Regional
Lot/Plan
52/RP813662

Last Listing description (March 2017)

This immaculately maintained 6 bedroom home offers so many choices.
Currently configured as student accommodation this large property could easily be instantly rented out on a rooming basis or let to a single tenant. You could expect returns per room in the $80 - $100 per week range or as a whole house between $375 - $395 per week. This investment has performed exceptionally well for the current investor but they have sights set on diversifying into other interests and require an immediate sale of this property by Auction and are prepared to meet the market and sell.
If you are an owner occupier you could certainly reconfigure the home into a generous family home, one wing of the property can easily be arranged into a master bedroom, walk in robe and ensuite and 2nd living space creating a parents retreat or wing.

This would still leave you with a further 3 bedrooms, living room, open plan kitchen/dining and family bathroom.
Further features of the property:
-6 bedrooms all with built in storage
-Open plan kitchen and dining space
-Huge kitchen with massive amounts of bench space
-Generous main living spaces
-Stencil-Crete alfresco area
-Ceiling fans throughout the property
-Single car off street parking but room for shed or carport out the back
This is an absolute must inspect for the savvy investor or the owner occupier looking for a minor renovation to have a big house at a small price.

Property History for 434 West St, Kearneys Spring, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,300,000
02 Jul 2024
Listed for Rent
$129/w
25 Aug 2016
  • 02 Jul 2024
    Sold for $1,300,000
  • 14 Jul 2016
    Listed for Rent - Price not available
  • 18 Mar 2016
    Sold for $320,000
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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 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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RealWay Property Partners - Toowoomba
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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.