OFF MARKET

24 Pine Street
Miles QLD 4415

Bedrooms: 6
Bathrooms: 4
Car spaces: 1
Floor area: 148m2
Land area: 214m2
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Property Details for Lot 3/24 Pine St, Miles

Lot 3/24 Pine St, Miles is a 6 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 214m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2012
Floor Size
148m2
Land Size
214m2
Local Government
Western Downs Regional
Lot/Plan
3/SP251964

Last Listing description (October 2014)

CASH POSITIVE - 2 YEAR LEASE - RENT $1,100 PER WEEK
Yielding 12% - This extra-large 214m2 unit is sold fully-furnished with a tenant in place for 2 years from settlement!
Designed with space and modern features - 3 spacious bedrooms master with own ensuite, combined kitchen and living areas that flow outside to the courtyard entertaining areas. The floor plans have been designed to appeal to corporate tenants!

Rent of $1100 per week is being offered for 24 months from settlement
Miles is not reliant on one particular industry (unlike other areas), meaning SECURITY for investors.The major industries driving the boom are gas, coal, power, solar, coal seam gas, water, liquefied natural gas (LNG), agriculture, manufacturing and rail. It???s not just the 40 major projects and $200 billion dollars that impacts housing demands, it???s the flow-on affect of support services adding to the list of those needing housing. It is expected that 42,000 new workers will be required to service the region.
The boutique units:
Features
??? Fixed Price Contract
??? 3 bedrooms with built in robes. Walk in robe in the main
??? 2 stunning bathrooms (including ensuite)
??? Modern kitchen with quality appliances
??? Single Lock-up Garage, Plus additional Car Parking area
??? Combined lounge and dining leading out to the alfresco area
??? Each unit has good size courtyard including a BBQ area
??? Fully Ducted Air Conditioning + Ceiling Fans in bedrooms & main living areas
??? Covered Patio for Alfresco Living
Do not miss this great opportunity to get in now before prices surely rise.
Further information on lease agreement contact the agent today.

Property History for Lot 3/24 Pine St, Miles, QLD 4415

A timeline of how this property has performed in the market
Last Sold
$225,000
11 Jan 2019
  • 11 Jan 2019
    Sold for $225,000
  • 01 Feb 2017
    Transferred for $68,750
  • 25 Sep 2014
    Listed for Sale 2 YEAR LEASE - $475,000
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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 1,285 properties. Over the last 5 years, Houses in Miles have seen a 130.46% increase in median value, while Units have seen a 40.04% increase. As at 30 September 2024:

  • The median value for Houses in Miles is $251,215 while the median value for Units is $262,666.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 7 properties listed for sale, and 1 property listed for rent in Miles on OnTheHouse. According to CoreLogic's data, 79 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.