SOLD
Sold on 19 Jun 2024 for $340,000

174 Ibis Street
Longreach QLD 4730

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 4856m2
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Property Details for 174 Ibis St, Longreach

174 Ibis St, Longreach is a 0 bedroom, 0 bathroom House and was built in 1950. The property has a land size of 4856m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Longreach in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
140m2
Land Size
4856m2
Local Government
Longreach Regional
Lot/Plan
188/L3576

Last Listing description (February 2023)

What with events like outback drone symposiums, Australian Dinosaur tourism and the almighty Stockman's Hall of Fame to support the normal grey nomad and family holiday makers.
The Longreach Caravan Park is centrally located in this outback hub city. The grassed areas keep the temperature lower and is a great attraction for travellers with pets. Peak tourist time is Easter to November along with steady long term annual trade from shearers and workers on the cattle or sheep properties nearby.
The main park has of an acre of land across three titles and includes 5 self contained cabins along with 35 designated sites. The office is run out of the managers residence which also has 2 bedrooms, one bathroom, storage area, kitchen and living areas.

The sale also includes an adjacent title of of an acre which holds a rented cottage.
The park is currently run by a couple with casual staff and is a great starter for someone new to the industry or as an add on to your existing portfolio.
There is plenty of revenue growth potential as the business has a low social media presence and renovations would increase nightly rates.
This cheap and simple to run complex provides a high yield.
Contact Peter Bender 0421 253 771 for a confidentiality agreement and business profile.

Property History for 174 Ibis St, Longreach, QLD 4730

A timeline of how this property has performed in the market
Last Sold
$340,000
19 Jun 2024
Listed for Rent
$250/w
20 Jun 2009
  • 19 Jun 2024
    Sold for $340,000
  • 17 Jan 2022
    Listed for Sale $1,250,000
  • 19 Oct 2010
    Sold for $205,000
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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.

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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.