2/25 Racecourse Rd, Miles is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 141m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Located in the heart of the Surat Basin mining boom this near new duplex unit provides a rare opportunity to enter the market affordably whilst still retaining high returns. Currently leased at $820per week with a new lease period to be advertised and secured. Spacious inside with a huge open plan living space with central kitchen that flows to the private, fenced yard. The galley style kitchen is well equipped and has direct access from the single garage. The bedrooms are all double size, the huge main bedroom with ensuite. Don't miss your chance in invest at good value in the continuing boom!
Accelerating Success. For more information contact Dominic Ryan of Colliers International Toowoomba.
The size of Miles is approximately 437.8 square kilometres. It has 8 parks covering nearly 0.2% of total area. The population of Miles in 2011 was 1,853 people. By 2016 the population was 1,731 showing a population decline of 6.6% in the area during that time. The predominant age group in Miles is 0-9 years. Households in Miles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miles work in a trades occupation. In 2011, 63% of the homes in Miles were owner-occupied compared with 47% in 2016.
Miles has 1,282 properties. Over the last 5 years, Houses in Miles have seen a 157.03% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:
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