OFF MARKET

98 Crane Street
Longreach QLD 4730

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 64m2
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Property Details for Lot 1/98 Crane St, Longreach

Lot 1/98 Crane St, Longreach is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Land Size
64m2
Local Government
Longreach Regional
Lot/Plan
1/SP247426

Last Listing description (September 2020)

These Four established units, offering an excellent return, are presented to the Longreach Property Market today. Currently fully tenanted with a history of low vacancies, superb location, these units are crying our for that astute investor to take notice.

Situated an easy walking distance to town, on a 1214m2 block, there are four two-bedroom units. Each unit has two bedrooms, complete with built-in wardrobes, open plan kitchen/dining/lounge area, serviced by evaporative air conditioning. All on adjustable steel stumps, electric hot water systems, low maintenance external wall cladding shows the current owners' commitment to ease of long term maintenance.


The block itself presented beautifully, with an established irrigation system servicing the lawns, a concreted driveway through the full length of the block provides both laneway access as well as easy access from the street. Two double carports allow easy vehicle storage for each unit, covered car storage being an attractive addition in the Longreach rental market.

With the Longreach rentals market currently low on vacancies, now is the time to secure your place with this proven investment. Fully tenanted offering a 10.2% gross return, take the time to give Matthew a call and book an inspection. Contact on 0428 509 449 or 4658 1122

Property History for Lot 1/98 Crane St, Longreach, QLD 4730

A timeline of how this property has performed in the market
Last Sold
$1,000,000
01 Dec 2022
Listed for Rent
$185/w
25 Feb 2019
  • 01 Dec 2022
    Sold for $1,000,000
  • 15 Jul 2020
    Sold for $335,000
  • 01 Nov 2019
    Listed for Sale $390000
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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 1,965 properties. Over the last 5 years, Houses in Longreach have seen a 110.16% increase in median value, while Units have seen a 27.89% increase. As at 31 October 2024:

  • The median value for Houses in Longreach is $240,503 while the median value for Units is $303,677.
  • Houses have a median rent of $340 while Units have a median rent of $190.
There are currently 29 properties listed for sale, and 7 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.