16 Cumming St, North Toowoomba is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1935. The property has a land size of 1012m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
I am often asked what I think is a good solid long term investment. My standard response is always the same 'It's the land that appreciates so the bigger the block the better'. You certainly don't need to be a rocket scientist to realise that a near quarter acre allotment inside the Toowoomba boundary is probably a fool proof investment.
Offering solid bones, loads of potential and exceptional floorplan flexibility, this spacious timber home is ideally positioned at the front of a 1012m2 allotment allowing for a large backyard which boasts a 6m x 9m powered shed and plenty of room for a growing family. On entry you will love superb character features throughout including the classic VJ walls and soaring high ceilings plus the astute Buyer will see the immediate potential to add value with some smart cosmetic improvements.
Main features include 4 bedrooms (master with ensuite and walk-in robe), central formal lounge with adjacent formal dining, large functional kitchen with casual dining plus a fabulous utility room complete with built-in office cabinetry. Loads of extras on offer here with a covered outdoor BBQ pavilion, reverse cycle air-conditioning, combustion wood heating, optional gas heating and ceiling fans.
The size of North Toowoomba is approximately 2 square kilometres. It has 3 parks covering nearly 3.7% of total area. The population of North Toowoomba in 2011 was 3,048 people. By 2016 the population was 2,979 showing a population decline of 2.3% in the area during that time. The predominant age group in North Toowoomba is 20-29 years. Households in North Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Toowoomba work in a professional occupation. In 2011, 55.9% of the homes in North Toowoomba were owner-occupied compared with 55.3% in 2016.
North Toowoomba has 1,882 properties. Over the last 5 years, Houses in North Toowoomba have seen a 78.90% increase in median value, while Units have seen a 61.27% increase. As at 31 August 2024:
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