3 Downing StreetMalanda QLD 4885
Property Details for 3 Downing St, Malanda
3 Downing St, Malanda is a 3 bedroom, 1 bathroom House. The property has a land size of 976m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (July 2023)
Welcome to 3 Downing Street, Malanda - an exceptional opportunity to acquire a 976 square meter block of land in a picturesque location. This sizeable parcel of land presents with a home that has extensive fire damage and will be sold as is where is condition.
Nestled in the heart of Malanda, you will be located only a hop, skip and jump from an array of locally owned businesses such as cafes and takeaway options, healthcare facilities, Malanda primary and high school, library and so much more!
Property features include but are not limited to:
- Land Size: The property spans an impressive 976 square meters, providing ample space for you to design and construct your ideal home or investment project.
- Subdivision Potential: One of the key highlights of this property is its ability to be subdivided (PCA), offering potential for further development or investment opportunities. Take advantage of this feature to capitalize on the growing demand for real estate in the region.
- As Is, Where Is: The property is being sold as is, how is, opening the chance for a fresh start and allows you to build a home tailored to your preferences and needs.
Location:
- The approximate distance to Atherton is 18 Minutes (19.8km)
- The approximate distance to Mareeba is 43 Minutes (53.8km)
- The approximate distance to Cairns is 1 hour & 20 minutes (76.4km)
Don't miss out on this unique opportunity to acquire a sizable block of land with subdivision potential in a delightful location.
Accepting offers before 1st of September 2023
Call Kate Fern today on 0477 701 502 to seize the chance to turn your property dreams into reality at 3 Downing Street, Malanda.
Property History for 3 Downing St, Malanda, QLD 4885
- 21 Aug 2023Sold for $171,000
- 28 Jul 2023Listed for Sale Present all offers
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About Malanda 4885
The size of Malanda is approximately 44.8 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Malanda in 2011 was 2,052 people. By 2016 the population was 1,996 showing a population decline of 2.7% in the area during that time. The predominant age group in Malanda is 60-69 years. Households in Malanda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malanda work in a professional occupation. In 2011, 66.5% of the homes in Malanda were owner-occupied compared with 70.2% in 2016.
Malanda has 1,124 properties. Over the last 5 years, Houses in Malanda have seen a 65.56% increase in median value, while Units have seen a 73.94% increase. As at 31 October 2024:
- The median value for Houses in Malanda is $521,330 while the median value for Units is $410,647.
- Houses have a median rent of $450 while Units have a median rent of $220.
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