7 Sovereign Dr, Meringandan West is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 4235m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Meringandan West is an amazing family orientated suburb that offers comfortability and spacious natural environments for children to play and explore on. The property has been designed with a modern influence, while also offering a extremely enticing acreage package. Meringandan West residents are strategically positioned to ensure they can live in a quiet area, though still having the capability to travel to Toowoomba City with ease, with the CBD less than 25 minutes from the estate. Residents in the area have access to a contemporary lifestyle mixed with the superb natural environment, with the country city charm enhancing the overall living experience. Those looking to explore Toowoomba will become familiar with the growing urban coffee culture and the street art scene. Toowoomba is home to hundreds of stunning parks and gardens. Being situated in Meringandan West, plenty of these beautiful gardens and parks are within walking distance. There are numerous world class schooling options available in the area, including Toowoomba Grammar. The highly regarded Toowoomba hospital is also less than 30 minutes from Meringandan West.
Build Details:
Build Size: 199m2
Land Details:
Land Size: 4237m2
Land Price: $225,000
Land Registration: Registered
Fixed Price - Turn-key contract:
Two contract purchase - Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold - $1000 fully refundable deposit.
Land settlement 35 days from date of contract or 14 days from the registration of title
5% deposit paid on unconditional for Building Contract - progressive drawdowns on the HIA build contract.
The size of Meringandan West is approximately 16.6 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Meringandan West in 2011 was 1,976 people. By 2016 the population was 2,231 showing a population growth of 12.9% in the area during that time. The predominant age group in Meringandan West is 0-9 years. Households in Meringandan West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meringandan West work in a trades occupation. In 2011, 86.9% of the homes in Meringandan West were owner-occupied compared with 87.1% in 2016.
Meringandan West has 1,214 properties. Over the last 5 years, Houses in Meringandan West have seen a 83.11% increase in median value. As at 31 July 2024:
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