3 Albert RoadMonkland QLD 4570
Property Details for 3 Albert Rd, Monkland
3 Albert Rd, Monkland is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1838m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (May 2023)
Yes this property was hit by the Feb 2022 floods - but the top level WAS NOT. Water came to the 4th step from the top & the owner was high and dry in the upstairs part of the home which didn't get impacted at all, even when levels hit their peak.
STATE GOVERNMENT RESILIENT HOMES FUNDING NOW AVAILABLE to all flood properties across impacted regions. More information at https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/resilient-homes-fund
Being a typical Queenslander, underneath has concrete floors and with timber slats enclosing the majority apart from some cladding, & being built on steel piers, it withstood the impact of the 1 in 100 year floodwaters & was simply hosed out and cleaned up once the waters receded. The room downstairs, which is where the laundry is - also used to be the owner's office - was also hosed out and able to re-used. The downstairs toilet is still working but would need to be replaced.
Upstairs you'll find 3 bedrooms - 2 with built in cupboards. Carpet needs replacing. Lino is in good condition though in the lounge, dining, kitchen & sleep-out area on the front verandah. The kitchen & bathroom, while in need of renovation, are both intact and in good enough working order for now until replaced.
The large back verandah is the owners favourite spot to sit and enjoy the views over the 1838m2 block of land (almost 1/2 an acre) that backs onto council reserve which will never be built out due to its flood levels. Only 2 neighbours are on either side (one who recently bought a flood impacted home and is currently being renovated - the other is a long term resident) - none to the rear or across the road at all.
Located in Albert Road, just off Brisbane Road, this small pocket of homes has easy access back to the Bruce Highway in both directions and is the "back road" to Rainbow Beach and Tin Can Bay. You'll find mostly long term neighbours who have all been through plenty of floods together and it is a tightly knit community with a resilient spirit.
There's no hiding the fact that this property floods - but for the right buyer - it's an opportunity to get an affordable home on a big block close to town - or a great rental once it's all done up.
Property History for 3 Albert Rd, Monkland, QLD 4570
- 30 Mar 2023Sold for $300,000
- 10 Feb 2023Listed for Sale PRESENT ALL OFFERS!!
- 09 Mar 2018Sold for $245,000
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About Monkland 4570
The size of Monkland is approximately 5.5 square kilometres. It has 4 parks covering nearly 11.8% of total area. The population of Monkland in 2011 was 1,161 people. By 2016 the population was 1,125 showing a population decline of 3.1% in the area during that time. The predominant age group in Monkland is 0-9 years. Households in Monkland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Monkland work in a labourer occupation. In 2011, 57.5% of the homes in Monkland were owner-occupied compared with 55.7% in 2016.
Monkland has 666 properties. Over the last 5 years, Houses in Monkland have seen a 104.19% increase in median value, while Units have seen a 48.56% increase. As at 31 October 2024:
- The median value for Houses in Monkland is $530,171 while the median value for Units is $413,493.
- Houses have a median rent of $480 while Units have a median rent of $242.
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