OFF MARKET

3 Mary Street
Malanda QLD 4885

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 902m2
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Property Details for 3 Mary St, Malanda

3 Mary St, Malanda is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 902m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
902m2
Local Government
Tablelands Regional
Lot/Plan
209/SP320489

Last Listing description (September 2023)

Discover the perfect investment prospect that offers both convenience and potential rental income! This fantastic low-set, masonry block duplex features not just one, but two spacious two-bedroom units, each thoughtfully updated to create comfortable and modern living spaces. Don't hesitate, as this incredible package deal is priced for both units, making it an unmissable chance for savvy investors and homebuyers alike.

Both units have undergone recent updates including fans, downlights and a fresh coat of paint that breathes new life into the interiors. The kitchens have had some upgrades, while the tiled floors add a touch of low maintenance living to the spaces.
Each unit features a well-appointed bathroom. The open-plan design allows for seamless interaction between the living, dining, and kitchen areas, ideal for singles or couples.

Additionally, the property provides a carport for each unit, offering shelter for vehicles and added storage space. With practicality in mind, this duplex meets the demands of modern living, making it an attractive choice for potential tenants or homeowners.

Strategically located, this duplex enjoys easy access to town amenities and schools, making it a sought-after location for renters and families alike. Situated on an expansive 902 square meter plot, there is ample space for outdoor activities and potential garden projects.

For astute investors, this duplex presents a fantastic opportunity to diversify your portfolio and generate dual rental incomes. Homebuyers will appreciate the possibility of living in one unit while enjoying rental income from the other, providing an advantageous financial arrangement.

Seize the chance to secure this remarkable two-by-two bedroom block duplex with boundless potential. Whether you seek an investment gem or a place to call home, this property caters to all. Act now, and call to schedule an inspection before this rare opportunity slips through your fingers. Don't miss out, call Exclusive Marketing Agent Kaydee Chatfield to arrange your private inspection today!

Property History for 3 Mary St, Malanda, QLD 4885

A timeline of how this property has performed in the market
Last Sold
$399,000
10 Aug 2023
  • 10 Aug 2023
    Sold for $399,000
  • 24 Jul 2023
    Listed for Sale Not Disclosed
  • 19 Jun 2020
    Sold for $220,000

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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 1,126 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.
There are currently 25 properties listed for sale, and 1 property listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Malanda.

Suburb Insights for Malanda 4885

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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.