OFF MARKET

54B North Street
Mount Lofty QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 131m2
Land area: 825m2
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Property Details for 54b North St, Mount Lofty

54b North St, Mount Lofty is a 3 bedroom, 1 bathroom House and was built in 1966. The property has a land size of 825m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1966
Floor Size
131m2
Land Size
825m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP160200

Last Listing description (August 2023)

This captivating residence located at 54B North Street in Mount Lofty presents an exceptional opportunity for prospective buyers. Offering breathtaking views of Toowoomba City, this delightful home is eagerly awaiting its new owner. Step into the expansive north-facing lounge adorned with air conditioning and exquisite lead light windows, seamlessly transitioning into a contemporary kitchen. From there, you'll discover a magnificent entertainer's deck, providing a perfect vantage point to enjoy the stunning city vistas.

The property features a separate dining room, as well as a generously sized second living room that can easily serve as a fourth bedroom if desired. Throughout the home, you'll find polished timber floors, lending an elegant touch to the interiors. Additionally, the residence boasts three well-proportioned bedrooms with ample built-in storage, complemented by a modern bathroom. For added convenience, there is a laundry area equipped with abundant cupboard and bench space, along with a second outdoor toilet adjacent to a workshop area.

The garden area is fully fenced, ensuring privacy and security, while off-street parking is available for your vehicles. CURRENTLY TENANTED at a below-market rate of $390 per week, this property presents an outstanding investment opportunity. Its true value is estimated to be in the range of $430 to $440 per week, making it an attractive proposition for potential buyers seeking excellent returns.

Property History for 54b North St, Mount Lofty, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$578,000
10 Jul 2023
Listed for Rent
07 Jul 2020
  • 10 Jul 2023
    Sold for $578,000
  • 06 Jun 2023
    Listed for Sale Offers Over $550,000
  • 17 Jun 2020
    Listed for Rent - Price not available
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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 1,826 properties. Over the last 5 years, Houses in Mount Lofty have seen a 80.15% increase in median value, while Units have seen a 86.26% increase. As at 31 October 2024:

  • The median value for Houses in Mount Lofty is $884,481 while the median value for Units is $512,523.
  • Houses have a median rent of $575 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Mount lofty on OnTheHouse. According to CoreLogic's data, 88 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.