SOLD
Sold on 10 Jun 2024 for $465,000

375 Lakes Creek Road
Koongal QLD 4701

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 103m2
Land area: 339m2
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Property Details for 375 Lakes Creek Rd, Koongal

375 Lakes Creek Rd, Koongal is a 3 bedroom, 3 bathroom House and was built in 1940. The property has a land size of 339m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Koongal in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
103m2
Land Size
339m2
Local Government
Rockhampton Regional
Lot/Plan
1/RP603356

Last Listing description (July 2024)

The dwelling on this 339m2 block in Koongal has been cleverly repurposed to include three one-bedroom units.

Ideal for an investor, the units can be leased to students or individuals, or leveraged as short-term accommodation.

Each unit has a private entrance and is finished in a contemporary style. The kitchenettes have stone countertops, and the bathrooms are spacious and modern, with tiled floors, stylish tapware and glass shower screens. Occupants will appreciate having a home with high ceilings, air conditioning and ceiling fans.

Unit 3 features a private verandah and a storage cupboard in the living room. Unit 2 includes a separate living area and kitchen as well as a built-in in the bedroom. The property also offers a shared laundry facility, one carport and one garage.

Located a short drive from CQUniversity and Rockhampton Hospital, this is a fantastic purchase for a savvy investor who wants three sources of income from a single property.

Get in touch to book your inspection today.

- 3 x separate 1 bedroom units
- Kitchenette with stone benchtop
- Modern bathroom
- High ceilings
- Air conditioning + ceiling fans
- Shared laundry
- 339m2 block
- Carport
- Garage
- Close to Lakes Creek State School
- Short drive to Rockhampton Hospital and CQUniversity

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Property History for 375 Lakes Creek Rd, Koongal, QLD 4701

A timeline of how this property has performed in the market
Last Sold
$465,000
10 Jun 2024
  • 10 Jun 2024
    Sold for $465,000
  • 06 Jun 2024
    Listed for Sale Not Disclosed
  • 02 Jan 2024
    Sold for $146,100
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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 2,066 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 17 properties listed for sale, and 7 properties listed for rent in Koongal on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Koongal.

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