SOLD
Sold on 26 Aug 2024 for $450,000

708 Merragallan Road
Malanda QLD 4885

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 4686m2
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Property Details for 708 Merragallan Rd, Malanda

Building Type
Land
Year Built
1970
Floor Size
157m2
Land Size
4686m2
Local Government
Tablelands Regional
Lot/Plan
1/RP736627

Last Listing description (July 2019)

This property is located just 8.5kms from Malanda with absolutely stunning rural views and only 1.15 acres to maintain......
With a bit of TLC you can restore the original four bedroom, two bathroom homestead to its former glory.
Bitumen road, school bus route at the gate and in one of the most spectacular rural settings.

The time has come for the family that have lived here for 56 years to retire and move to town. It has been a very hard decision to make and why wouldn't it, if I had views like this to wake up to every morning I don't think I'd want to move to town either.
Don't delay your inspection with Elders listed Sales Agent Shellie Nightingale, 0429 966 038.

Property History for 708 Merragallan Rd, Malanda, QLD 4885

A timeline of how this property has performed in the market
Last Sold
$450,000
26 Aug 2024
  • 26 Aug 2024
    Sold for $450,000
  • 16 Dec 2021
    Sold for $310,000
  • 17 Apr 2019
    Listed for Sale $280,000

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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 1,128 properties. Over the last 5 years, Houses in Malanda have seen a 64.85% increase in median value, while Units have seen a 25.52% increase. As at 30 November 2024:

  • The median value for Houses in Malanda is $520,562 while the median value for Units is $375,410.
  • Houses have a median rent of $450 while Units have a median rent of $220.
There are currently 22 properties listed for sale, and 1 property listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 51 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.