OFF MARKET

30628 Warrego Highway
Miles QLD 4415

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 3m2
Land area: 647500m2
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Property Details for 30628 Warrego Hwy, Miles

30628 Warrego Hwy, Miles is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 647500m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in March 2006.

Building Type
House
Year Built
1930
Floor Size
3m2
Land Size
647500m2
Local Government
Western Downs Regional
Lot/Plan
8/BUL3430

Last Listing description (January 2022)

To enquire, please email or call 1300 815 051 and enter code 1562

This property carries an excellent investment opportunity. It affords itself to either the astute investor, or an owner-occupier that desires good capital gain in the not so distant future. The property represents an excellent investment opportunity.

The property is 64 hectares (160 acres), of relatively flat, flood free land (out of the 1 in 100 year flood markers),

There are two residences and water bore. The residences are 2 solid houses (One three bedroom residence, the other a four bedroom residence), both contain reverse cycle air conditioning and are separately fenced.

The property carries urban zoning, allowing for future subdivision, with nearly all the preliminary work (plans etc) completed.

Live in one house, or rent both, or construct another dwelling and live out the back, power and water readily available.

Interest in the Surat Basin is steadily rising. Many Surat Basin projects have approvals in place. The Glencore mine is approved and other mines are seeking approvals, the Nathan dam is approved, the missing rail link (Wandoan to Glencore) has been approved, all of Miles townships infrastructure (sewerage, airport etc) has been upgraded to cope with the subsequent population increases.

Miles is situated in the middle of all the major Surat Basins projects, with solar, gas, wind, carbon capture and of course coal, and due to new FIFO regulations, nearly all employees will be required to reside locally .

As interest and projects begin to take hold in the area, post covid19, property prices will increase.

To enquire, please email or call 1300 815 051 and enter code 1562

Property History for 30628 Warrego Hwy, Miles, QLD 4415

A timeline of how this property has performed in the market
Last Sold
$287,000
24 Mar 2006
Listed for Rent
$140/w
24 Jul 2019
  • 27 Jun 2019
    Listed for Rent - Price not available
  • 12 Oct 2018
    Listed for Sale Not Disclosed
  • 10 Apr 2018
    Listed for Rent $150 / week
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About Miles 4415

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:

  • The median value for Houses in Miles is $260,451 while the median value for Units is $295,838.
  • Houses have a median rent of $380 while Units have a median rent of $300.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Miles on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Miles.

Suburb Insights for Miles 4415

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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.