Lot 4/98 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.
Investing could never be more sensible when it comes to this terrific package comprising of four strata titled units, close to the core business centre of Longreach with excellent rental returns.
These units are attractive to prospective tenants due to the lack of independent units in Longreach and there ideal location. All identical in style, each unit features an open plan kitchen and living area complete with electric stove and oven and evaporative air conditioning throughout. Each unit also has two bedrooms with built in cupboard space and bathroom with shower over bath and built in style laundry. Units three and four have recently been painted internally.
Externally, the units are all cladded with neutral toning and the concrete driveway from the street to real lane allows easy access to each unit.
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 1,964 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:
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