OFF MARKET

12A Bingara Street
Mount Lofty QLD 4350

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 589m2
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Property Details for 12a Bingara St, Mount Lofty

12a Bingara St, Mount Lofty is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 589m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1965
Floor Size
126m2
Land Size
589m2
Local Government
Toowoomba Regional
Lot/Plan
17/RP115940

Last Listing description (April 2023)

Located in the ever popular pocket of Mount Lofty is a home that is sure to impress. This 4-bedroom home offers a versatile floorplan suitable for a professional couple or small family. Situated on a 539m2 allotment, this home is the perfect investment to add to your portfolio or the home for your growing family.

This spacious brick home will appeal to the wide buyer demographic, however, there is still potential to add value with some small cosmetic renovations.

Featuring:

- 4 Generous sized bedrooms
- Spacious living area
- Reverse cycle air conditioning
- Fully fenced 589m2 allotment
- Sought-after location just moments from cafes & shops
- Situated close to Downlands College, parklands and sporting ovals
- Capitalise on the outstanding location and renovation potential on offer
- General Rates: $1,279.14 net per half year
- Water Rates: $314.59 net per half year
- Currently tenanted at $450 per week until August 2023

Property History for 12a Bingara St, Mount Lofty, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$490,000
24 Feb 2023
  • 24 Feb 2023
    Sold for $490,000
  • 12 Oct 2022
    Listed for Sale OFFERS OVER $479,000
  • 15 Jun 2021
    Sold for $355,000
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About Mount Lofty 4350

The size of Mount Lofty is approximately 9.6 square kilometres. It has 8 parks covering nearly 35.5% of total area. The population of Mount Lofty in 2011 was 3,847 people. By 2016 the population was 3,775 showing a population decline of 1.9% in the area during that time. The predominant age group in Mount Lofty is 40-49 years. Households in Mount Lofty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Lofty work in a professional occupation. In 2011, 74.9% of the homes in Mount Lofty were owner-occupied compared with 73% in 2016.

Mount Lofty has 1,842 properties. Over the last 5 years, Houses in Mount Lofty have seen a 83.69% increase in median value, while Units have seen a 79.87% increase. As at 30 November 2024:

  • The median value for Houses in Mount Lofty is $909,776 while the median value for Units is $499,736.
  • Houses have a median rent of $580 while Units have a median rent of $400.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Mount lofty on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Mount lofty.

Suburb Insights for Mount Lofty 4350

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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.