OFF MARKET

127 Home Street
Nanango QLD 4615

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 2022m2
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Last updated 11 Nov 2024
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Property Details for 127 Home St, Nanango

127 Home St, Nanango is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 2022m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Land Size
2022m2
Local Government
South Burnett Regional
Lot/Plan
2/MPH31835

Last Listing description (February 2022)

Are you looking to purchase your first investment or add to your existing portfolio? If you are, you must take a look at this fantastic opportunity!

The property consists of 4 x 2 bedroom units all with tenants currently in place. There is onsite covered parking and yard space to the front and rear. Close proximity to the primary school, child care and Nanango town centre.

The four current leases collectively bring in $700 per week which is approximately a 9% return on your investment.

PROPERTY AT A GLANCE:

UNIT 1 & UNIT 2
Open plan living / dining / kitchen
Bathroom features a shower, vanity and toilet
2 good size bedrooms
Laundry
Single Carport on each unit.
Unit 1 rents for $170 per week until 02/22
Unit 2 rents for $175 per week until 07/22

UNIT 3 & UNIT 4
Open plan living / dining / kitchen
Bathroom features a shower, vanity and toilet
2 good size bedrooms
Laundry
Single carport detached
Unit 3 rents for $180 per week until 01/22
Unit 4 rents for $175 per week vacant

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Property History for 127 Home St, Nanango, QLD 4615

A timeline of how this property has performed in the market
Last Sold
$372,500
14 Dec 2021
Listed for Rent
$150/w
21 Jun 2011
  • 14 Dec 2021
    Listed for Sale Price on Application
  • 14 Dec 2021
    Sold for $372,500
  • 11 Oct 2019
    Listed for Rent $170 / week
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About 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 2,196 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.
There are currently 45 properties listed for sale, and 2 properties listed for rent in Nanango on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Nanango.

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