SOLD
Sold on 21 Sep 2024 for $256,000

269 Lakes Creek Road
Koongal QLD 4701

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Floor area: 88m2
Land area: 607m2
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Property Details for 269 Lakes Creek Rd, Koongal

269 Lakes Creek Rd, Koongal is a 2 bedroom, 1 bathroom House with 5 parking spaces and was built in 1930. The property has a land size of 607m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Koongal in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
88m2
Land Size
607m2
Local Government
Rockhampton Regional
Lot/Plan
3/RP605168

Last Listing description (June 2017)

Tightly-held in the same family for two generations, the combined sale of these five side by side properties represents an unprecedented investment opportunity.
- Each allotment boasts wide frontage and north to rear aspect
- Perfectly level land, combined area of approximately 3,035sqm

- Existing residences offer two or three bedroom configurations
- Some homes feature high ceilings, timber floors, bay windows
- Scope to add value through renovation or redevelopment (STCA)
- Zoning creates potential for use as commercial site (STCA)
- Four homes currently tenanted and yielding excellent returns
- Close to parks, playing fields, National Park walking trails
- Moments from CBD shopping, dining and entertainment choices
- Contact agent to discuss possibility of individual home sales

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Property History for 269 Lakes Creek Rd, Koongal, QLD 4701

A timeline of how this property has performed in the market
Last Sold
$256,000
21 Sep 2024
  • 21 Sep 2024
    Sold for $256,000
  • 04 Jul 2017
    Sold for $72,000
  • 27 Apr 2017
    Listed for Sale For Sale, price $350,000

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About Koongal 4701

The size of Koongal is approximately 4.4 square kilometres. It has 8 parks covering nearly 16.8% of total area. The population of Koongal in 2011 was 4,727 people. By 2016 the population was 4,276 showing a population decline of 9.5% in the area during that time. The predominant age group in Koongal is 0-9 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation. In 2011, 59% of the homes in Koongal were owner-occupied compared with 59.8% in 2016.

Koongal has 2,067 properties. Over the last 5 years, Houses in Koongal have seen a 118.35% increase in median value, while Units have seen a 8.70% increase. As at 31 October 2024:

  • The median value for Houses in Koongal is $426,715 while the median value for Units is $244,242.
  • Houses have a median rent of $475 while Units have a median rent of $350.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Koongal on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Koongal.

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