SOLD
RECENT ADVICE
Sold on 21 Oct 2024 for $520,000

2/3 Railway Terrace
Kingaroy QLD 4610

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1014m2
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Property Details for 2/3 Railway Tce, Kingaroy

2/3 Railway Tce, Kingaroy is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1014m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in Kingaroy in the last 12 months.

Building Type
Unit
Land Size
1014m2
Local Government
South Burnett Regional

Last Listing description (November 2024)

Situated on a prime corner block in Kingaroy, this high-set duplex presents a fantastic investment opportunity, generating a strong rental income of $740 per week. The property has undergone renovations, including new stumps, windows, and gutters. Inside, both units have been updated with modern kitchens, bathrooms, and fresh flooring.

Each unit features two bedrooms, a central lounge area with air-conditioning, and a modern kitchen and bathroom. Unit 2 benefits from a charming front sunroom, while Unit 1 offers a storage area. The property also includes a double carport.

Conveniently located across from Bunnings, Taabinga State School, and the main highway into Kingaroy, this 1014m corner allotment provides a promising opportunity for future development while delivering excellent rental returns.

Contract John Allery 0427 376 993 to arrange an inspection. 24 Hours notice will be required.

Property History for 2/3 Railway Tce, Kingaroy, QLD 4610

A timeline of how this property has performed in the market
Last Sold
$520,000
21 Oct 2024
Listed for Rent
$275/w
11 Jan 2022
  • 21 Oct 2024
    Sold for $520,000
  • 12 Sep 2024
    Listed for Sale $539,000
  • 05 Jan 2022
    Listed for Rent $275 / week
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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 5,575 properties. Over the last 5 years, Houses in Kingaroy have seen a 105.37% increase in median value, while Units have seen a 62.50% increase. As at 30 November 2024:

  • The median value for Houses in Kingaroy is $446,934 while the median value for Units is $288,475.
  • Houses have a median rent of $468 while Units have a median rent of $350.
There are currently 62 properties listed for sale, and 30 properties listed for rent in Kingaroy on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Kingaroy.

Suburb Insights for Kingaroy 4610

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Raine & Horne Kingaroy
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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.