OFF MARKET

518 Hume Street
Middle Ridge QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 630m2
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Property Details for 518 Hume St, Middle Ridge

518 Hume St, Middle Ridge is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 630m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Land Size
630m2
Local Government
Toowoomba Regional
Lot/Plan
22/SP272134

Last Listing description (June 2017)

An outstanding investment opportunity 'The Satori', Geoff Gibson Homes flagship display property is now offered for sale on a lease back basis with outstanding returns.
Completed earlier this year it sets a new benchmark for Toowoomba being the first home awarded with a nine star energy efficiency rating meaning for you its liveability and cost of ownership set new standards in residential dwellings. In its design the home skilfully uses the aspect of the block and new building techniques and products which has resulted in this home being awarded the HIA Geensmart best new home in Queensland.
Finished with style and flair it offers all the comforts, space and functionality the modern family expects.

Purchase this cutting edge home with a secure twelve month lease in place (with a further six month option) for the generous rent of $800 per week. The home will continue as the flagship display property for the term of the lease.

Property History for 518 Hume St, Middle Ridge, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$662,500
12 Oct 2018
  • 12 Oct 2018
    Sold for $662,500
  • 30 Nov 2016
    Listed for Sale Buyer Interest mid to high $600k
  • 11 Jun 2016
    Sold for $600,000
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About Middle Ridge 4350

The size of Middle Ridge is approximately 8.7 square kilometres. It has 21 parks covering nearly 22.8% of total area. The population of Middle Ridge in 2011 was 6,561 people. By 2016 the population was 7,145 showing a population growth of 8.9% in the area during that time. The predominant age group in Middle Ridge is 10-19 years. Households in Middle Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Middle Ridge work in a professional occupation. In 2011, 78.7% of the homes in Middle Ridge were owner-occupied compared with 77.6% in 2016.

Middle Ridge has 3,175 properties. Over the last 5 years, Houses in Middle Ridge have seen a 74.00% increase in median value, while Units have seen a 99.83% increase. As at 30 November 2024:

  • The median value for Houses in Middle Ridge is $961,385 while the median value for Units is $540,285.
  • Houses have a median rent of $630 while Units have a median rent of $438.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Middle ridge on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Middle ridge.

Suburb Insights for Middle Ridge 4350

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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.