OFF MARKET

129 Cassowary Street
Longreach QLD 4730

Bedrooms: 14
Bathrooms: 10
Car spaces: -
Land area: 2428m2
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Property Details for 129 Cassowary St, Longreach

129 Cassowary St, Longreach is a 14 bedroom, 10 bathroom Unit. The property has a land size of 2428m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Land Size
2428m2
Local Government
Longreach Regional
Lot/Plan
85/L3576

Last Listing description (December 2021)

This is the time to secure this very rare and unique opportunity to purchase a block of ten units in Longreach.

Total of ten units, split across three separate buildings.

There are four two-bedroom units in the main building and two separate wings with three one-bedroom units for a total of six one bedroom units.
All air-conditioned with either evaporative or refrigerative units.
Total combined weekly rental income of $1,305.00.
All tenancies currently fixed term.
Currently 100% occupied.

For further details and a confidential discussion, please contact selling agent Rhys Peacock on 0458 582 345 or email rhys.peacock@raywhite.com

Property History for 129 Cassowary St, Longreach, QLD 4730

A timeline of how this property has performed in the market
Last Sold
$475,000
02 Sep 2021
Listed for Rent
$185/w
24 Jan 2012
  • 02 Sep 2021
    Sold for $475,000
  • 09 Aug 2021
    Listed for Sale $500,000
  • 23 Jul 2021
    Listed for Sale $500,000
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About Longreach 4730

The size of Longreach is approximately 23,494.5 square kilometres. It has 18 parks covering nearly 1.1% of total area. The population of Longreach in 2011 was 3,355 people. By 2016 the population was 2,966 showing a population decline of 11.6% in the area during that time. The predominant age group in Longreach is 50-59 years. Households in Longreach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longreach work in a professional occupation. In 2011, 53.5% of the homes in Longreach were owner-occupied compared with 52.6% in 2016.

Longreach has 1,968 properties. Over the last 5 years, Houses in Longreach have seen a 128.45% increase in median value, while Units have seen a -16.39% decrease. As at 30 September 2024:

  • The median value for Houses in Longreach is $256,776 while the median value for Units is $198,542.
  • Houses have a median rent of $340 while Units have a median rent of $190.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Longreach on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Longreach.

Suburb Insights for Longreach 4730

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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.