OFF MARKET

6 Patrick Street
Malanda QLD 4885

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 136m2
Land area: 1012m2
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Last updated 15 Jul 2024
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Property Details for 6 Patrick St, Malanda

Building Type
Land
Year Built
2021
Floor Size
136m2
Land Size
1012m2
Local Government
Tablelands Regional
Lot/Plan
44/RP711761

Last Listing description (November 2020)

Investors! Take advantage of the opportunity to purchase a level 1012m block of vacant land with the option to purchase its twin next door; the vendor will consider selling each title separately or together. An ideal site to build, particularly for the rental market.

Situated within walking distance of the high school and town centre the vendor has approval to build units here and the plans are available. Take the opportunity to make your mark and build here.

1012m

Level block
Option to purchase adjoining
Approval units
Plans
Walk to shops, school

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Property History for 6 Patrick St, Malanda, QLD 4885

A timeline of how this property has performed in the market
Last Sold
$80,000
08 Oct 2020
  • 08 Oct 2020
    Sold for $80,000
  • 05 May 2020
    Listed for Sale $98,000

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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 1,131 properties. Over the last 5 years, Houses in Malanda have seen a 58.35% increase in median value, while Units have seen a 81.36% increase. As at 30 September 2024:

  • The median value for Houses in Malanda is $505,423 while the median value for Units is $428,152.
  • Houses have a median rent of $455 while Units have a median rent of $220.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Malanda.

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