7 Zena StreetMenzies QLD 4825
Property Details for 7 Zena St, Menzies
7 Zena St, Menzies is a 8 bedroom, 4 bathroom Unit. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in December 2004.
Last Listing description (March 2009)
INVESTOR'S PURCHASE AND ADD VALUE
INVESTORS THESE UNITS COULD POSSIBLY BE STRATA TITLED AND REFURBISHED SO THERE IS ROOM TO ADD VALUE TO YOUR PORTFOLIO
CURRENTLY YIELDING 8.65%
ZONED RES HIGH
AGE 40 YEARS
ANNUAL RATES $3,441,66
ANNUAL INCOME/RENT $73,563
MOUNT ISA IS SET FOR FURTHER GROWTH.
THE ONGOING MINERALS BOOM HAD CAUSED A DUAL EFFECT IN MANY MINING COMMUNITIES ACROSS AUSTRALIA, CREATING AN UNPRECEDENTED HOUSING SHORTAGE FOR LOCAL WORKERS BUT MAKING MOUNT ISA'S BOOMTOWN RESIDENTIAL MARKET AN ATTRACTIVE PROPOSITION FOR FORWARD THINKING INVESTORS
INVENTORY WILL BE EMAILED ON REQUEST
8 OTHER BLOCKS OF UNITS AVAILABLE, CALL NOW TO REGISTER YOUR INTEREST AS THIS SORT OF OPPORTUNITY DOES NOT PRESENT ITSELF TOO OFTEN.
Property History for 7 Zena St, Menzies, QLD 4825
- 21 Dec 2008Listed for Sale $850,000
- 01 Dec 2004Sold for $280,000
- 04 Jun 2003Sold for $235,000
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0About Menzies 4825
The size of Menzies is approximately 1 square kilometres. It has 2 parks covering nearly 37.5% of total area. The population of Menzies in 2011 was 965 people. By 2016 the population was 987 showing a population growth of 2.3% in the area during that time. The predominant age group in Menzies is 20-29 years. Households in Menzies are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menzies work in a trades occupation. In 2011, 36.6% of the homes in Menzies were owner-occupied compared with 34.3% in 2016.
Menzies has 566 properties. Over the last 5 years, Houses in Menzies have seen a 17.74% increase in median value, while Units have seen a -26.05% decrease. As at 31 October 2024:
- The median value for Houses in Menzies is $240,887 while the median value for Units is $248,897.
- Houses have a median rent of $410 while Units have a median rent of $295.
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