SOLD
RECENT ADVICE
Sold on 22 Dec 2023 for $325,000

11 Edward Street
Kingaroy QLD 4610

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 1012m2
Save

Property Details for 11 Edward St, Kingaroy

11 Edward St, Kingaroy is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Kingaroy in the last 12 months.

Building Type
House
Land Size
1012m2
Local Government
South Burnett Regional
Lot/Plan
18/RP36989

Last Listing description (December 2023)

Rental appraisal $400 per week
In the bustling heart of Kingaroy, a unique investment opportunity beckons on a 1,012m2 allotment, boasting the strategic advantage of dual street access. Positioned at the top end of the Kingaroy CBD, this property emerges as an ideal land bank, perfect for future commercial ventures or as a savvy super fund investment. The potential here is boundless, whether one envisions a unit complex, a commercial hub, or even a subdivision to build upon the rear of the allotment.
The centrepiece of this property is a charming cottage-style weatherboard house, currently vacant and ripe for transformation. It has recently been updated with a new roof and battens, ensuring structural integrity. The home features three bedrooms, each offering comfortable living spaces. A large front sunroom and a small office add to the property's versatility, providing ample space for relaxation or work.

The property also houses a bathroom and two toilets, catering to both residential and potential commercial needs. The original kitchen, now equipped with a new stove, speaks of possibilities for modernization. Climate control is taken care of by five reverse cycle air conditioners, ensuring comfort all year round, and a new hot water system adds to the home's amenities.
An original single garage stands on the property, complemented by a substantial new shed measuring 9mx8m. This new addition is not only powered but also equipped with 15amp power, extra height, and lights, making it an ideal workspace or storage solution. Adjacent to this is a 6mx8m carport, further enhancing the property's utility. A full concrete driveway provides easy and efficient access to these facilities.
The true value of this property lies in its untapped potential. Its prime location, combined with the versatility of the existing structures and the possibility of future development, makes it an attractive proposition for a range of investors and developers. Whether one's vision is to capitalize on the current residential structure or to explore the commercial possibilities this unique property offers, the opportunity for growth and return on investment is significant.

Property History for 11 Edward St, Kingaroy, QLD 4610

A timeline of how this property has performed in the market
Last Sold
$325,000
22 Dec 2023
Listed for Rent
$508/w
11 Oct 2019
  • 05 Dec 2023
    Sold for $325,000
  • 21 Nov 2023
    Listed for Sale $325,000
  • 22 Mar 2022
    Sold for $60,000
Sign in to see more transactions

Commute Calculator

About Kingaroy 4610

The size of Kingaroy is approximately 68.6 square kilometres. It has 19 parks covering nearly 1.5% of total area. The population of Kingaroy in 2011 was 9,522 people. By 2016 the population was 10,026 showing a population growth of 5.3% in the area during that time. The predominant age group in Kingaroy is 0-9 years. Households in Kingaroy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingaroy work in a labourer occupation. In 2011, 59% of the homes in Kingaroy were owner-occupied compared with 56.3% in 2016.

Kingaroy has 5,589 properties. Over the last 5 years, Houses in Kingaroy have seen a 89.71% increase in median value, while Units have seen a 55.27% increase. As at 31 July 2024:

  • The median value for Houses in Kingaroy is $402,805 while the median value for Units is $271,986.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 70 properties listed for sale, and 35 properties listed for rent in Kingaroy on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Kingaroy.

Suburb Insights for Kingaroy 4610

Market Insights
Kingaroy Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Kingaroy Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Chris Arnold
Show contact details
Freeman Estates
Preferred contact:
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.