SOLD
Sold on 05 Feb 2024 for $246,000

9 Edward Street
Kingaroy QLD 4610

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 1012m2
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Property Details for 9 Edward St, Kingaroy

9 Edward St, Kingaroy is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1910. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Kingaroy in the last 12 months.

Building Type
House
Year Built
1910
Land Size
1012m2
Local Government
South Burnett Regional
Lot/Plan
19/RP36989

Last Listing description (March 2024)

Currently tenanted & retuning $270 per week until 13th June 2024
Situated at the uppermost reaches of Kingaroy's Central Business District, a unique investment opportunity awaits. This expansive 1,012m allotment boasts two-street access and holds the promise of future commercial potential, making it an ideal choice for investors, especially those looking to diversify their superannuation portfolios.
The property's standout feature is its sizeable landholding, offering ample room for a range of development possibilities. As the region continues to grow and evolve, this land could serve as a strategic investment for those with a keen eye on future returns.

The current setup includes a charming weatherboard cottage that has been home to long-term tenants since 2012. This residence comprises three bedrooms, a separate lounge and dining room, a single bathroom, an original kitchen, and double-car accommodation with a rear pergola. Additionally, the property boasts three-bay carports at the rear, ensuring plenty of parking space. With dual street frontage, this property provides convenient access for occupants and potential future development.
The versatility of this allotment is one of its key selling points. Whether you envision a unit complex, a commercial complex, or subdividing and building on the rear of the land, the options are boundless. As the Kingaroy CBD continues to expand and attract businesses and residents alike, securing this land now could prove to be a strategic move for long-term financial gain.
In summary, this property offers a unique opportunity for investors seeking to capitalize on Kingaroy's growth and development. With its generous land size, two-street access, and myriad future development possibilities, this allotment is an excellent choice for those looking to secure their financial future. Whether you're considering diversifying your superannuation investments or exploring the potential of the Kingaroy real estate market, this property presents a compelling case for consideration. Don't miss out on this chance to be part of Kingaroy's promising future.

Property History for 9 Edward St, Kingaroy, QLD 4610

A timeline of how this property has performed in the market
Last Sold
$246,000
05 Feb 2024
Listed for Rent
$175/w
09 Feb 2012
  • 05 Feb 2024
    Sold for $246,000
  • 21 Nov 2023
    Listed for Sale $260,000
  • 23 May 2019
    Listed for Sale $200,000 Neg
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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.

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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.