6 Patrick StreetMalanda QLD 4885
Property Details for 6 Patrick St, Malanda
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
Option to purchase adjoining
Approval units
Plans
Walk to shops, school
Property History for 6 Patrick St, Malanda, QLD 4885
- 08 Oct 2020Sold for $80,000
- 05 May 2020Listed 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 1,124 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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