1 Palace LaneNanango QLD 4615
Property Details for 1 Palace Lane, Nanango
1 Palace Lane, Nanango is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 510m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (March 2023)
Affordable investment property that will always attract a tenant as it's situated within walking distance to Nanango CBD.
The cottage features 3 bedrooms (main with a small en-suite), separate lounge with air-conditioner, eat-in kitchen, main shower, separate toilet with laundry in the enclosed back area. Also there's a separate store room and a semi-enclosed carport with covered access to the house.
The block is fully serviced with some privacy fencing. Property currently tenanted @ $200 pwk until 01/12/21
Property History for 1 Palace Lane, Nanango, QLD 4615
- 27 May 2022Sold for $180,000
- 08 Apr 2022Listed for Sale Contact Agent
- 20 Jul 2021Sold for $115,000
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0About Nanango 4615
The size of Nanango is approximately 31.2 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Nanango in 2011 was 3,795 people. By 2016 the population was 3,596 showing a population decline of 5.2% in the area during that time. The predominant age group in Nanango is 60-69 years. Households in Nanango are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nanango work in a labourer occupation. In 2011, 63.1% of the homes in Nanango were owner-occupied compared with 60.8% in 2016.
Nanango has 2,198 properties. Over the last 5 years, Houses in Nanango have seen a 116.71% increase in median value, while Units have seen a 22.98% increase. As at 31 October 2024:
- The median value for Houses in Nanango is $403,203 while the median value for Units is $185,166.
- Houses have a median rent of $440 while Units have a median rent of $295.
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