OFF MARKET

19 Home Street
Nanango QLD 4615

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4065m2
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Last updated 11 Nov 2024
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Property Details for 19 Home St, Nanango

19 Home St, Nanango is a bedroom, bathroom House. The property has a land size of 4065m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Land Size
4065m2
Local Government
South Burnett Regional
Lot/Plan
296/N2320

Last Listing description (August 2019)

Why is this large block so cheap?
It is zoned 'Flood and Drainage' problem.
Yet I sold two of these blocks last year, and both have built high-set houses on them. One is occupied by the owner, and the other is rented at a very good ROI. So don't be too quick at righting this one off.

There are neighbours, but not nearby. Actually there are three. One is 80m away, another is about 60m; and the third is only 40m away.
The rates are very cheap because you don't have town services. No water (thankfully), no sewer, and no power. So you need to think rainwater storage, a septic system, and off grid power. It lends itself to a hermits cottage. In fact, one of the neighbours is exactly that.
Access to the block will need to be off Home Street, rather than one of the laneways around it.

Property History for 19 Home St, Nanango, QLD 4615

A timeline of how this property has performed in the market
Last Sold
$25,000
29 Jul 2019
  • 29 Jul 2019
    Sold for $25,000
  • 20 May 2019
    Listed for Sale $29,000
  • 14 Dec 2013
    Listed for Sale CHEAPIE $29,000
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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 2,199 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 47 properties listed for sale, and 3 properties listed for rent in Nanango on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Nanango.

Suburb Insights for Nanango 4615

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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.