30 Sedgman St, Moranbah is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 700m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last transferred in June 2015.
Online Auction Start Tuesday 02 June 12pm / End Wednesday 03 June 1pm
On offer is a low-set home with a great outdoor entertaining area featuring,
* 3 Bedrooms
To make the sales process as simple and convenient as possible for buyers and to ensure complete fairness and transparency, it has been decided to again conduct these property auctions online. This means people can bid from the comfort of their own homes or offices with ample time to make informed decisions.
Auctionworks online is a website designed and controlled by one of Australia's largest and most respected auctioneering companies. It complies with relevant auction legislation and creates enforceable contracts so the rights of owners and buyers are completely protected.
People interested in purchasing one of these properties needs to provide sufficient identification to the agents so they may register to bid. Their details remain completely confidential and once uploaded to the website by the agents, generates an email to that person which allows them to finalise their registration online, pick their favourite bidding number and make bids once the auction starts.
A starting bid is provided at the beginning of the auction and all properties are protected by a conservative reserve price. When each bid is made, all bidders can see which bidders number is holding the bid and whether the reserve has been reached or not. A clock counts down to the auctions end and if a bid id made in the last 5 minutes, the clock readjusts for a further 5 minutes. This provides fairness to all competitors. The vendors are permitted 1 vendor bid which is clearly displayed as a vendor bid.
If there is no bidding activity for 5 minutes when the auction comes to an end and the reserve has been reached, the highest bidder is declared the buyer. Contracts are signed and deposits paid. No money changes hands online. All financial transactions are undertaken in the traditional way using the agents trust account
If the property does not reach the reserve when the clock counts down, the highest bidder has the reserve price exposed to them online and has the exclusive negotiating right to secure the property for 60 minutes.
Buyers are permitted to register for multiple properties which means there are further opportunities should someone miss out on their preference.
It is a very simple system
The size of Moranbah is approximately 3,041.2 square kilometres. It has 31 parks covering nearly 0.1% of total area. The population of Moranbah in 2011 was 8,965 people. By 2016 the population was 8,739 showing a population decline of 2.5% in the area during that time. The predominant age group in Moranbah is 0-9 years. Households in Moranbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moranbah work in a trades occupation. In 2011, 30.4% of the homes in Moranbah were owner-occupied compared with 20.9% in 2016.
Moranbah has 4,465 properties. Over the last 5 years, Houses in Moranbah have seen a 58.10% increase in median value, while Units have seen a 84.19% increase. As at 31 October 2024:
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