19 Nelson StreetProston QLD 4613
Property Details for 19 Nelson St, Proston
19 Nelson St, Proston is a 2 bedroom, 1 bathroom House. The property has a land size of 1927m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (February 2017)
Is this the cheapest piece of Real Estate in Queensland?
If you look at the potential, I think it may well be.
The ex-Uniting Church complex in Proston features 2 buildings, (one the ex-Church and the other the hall), set on two separate titles in the middle of town that are just begging to be fitted out as homes that will return a positively geared cash flow! All for under $100,000!
The second building features another large open room and a fully fitted out kitchen at the rear. Again, some simple renovations and another 2-3 bedroom home could be created.
Factor in that these potential homes could be rented out for $350-$360 a week for the two, or sold on separately, and you have a very desirable investment opportunity.
Inspection is highly recommended!
Property History for 19 Nelson St, Proston, QLD 4613
- 24 Apr 2022Sold for $290,000
- 20 Mar 2017Sold for $70,000
- 22 Feb 2017Listed for Sale $97,000
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About Proston 4613
The size of Proston is approximately 46.3 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Proston in 2011 was 495 people. By 2016 the population was 375 showing a population decline of 24.2% in the area during that time. The predominant age group in Proston is 60-69 years. Households in Proston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Proston work in a managers occupation. In 2011, 72.9% of the homes in Proston were owner-occupied compared with 73.2% in 2016.
Proston has 369 properties. Over the last 5 years, Houses in Proston have seen a 127.20% increase in median value, while Units have seen a 36.43% increase. As at 31 October 2024:
- The median value for Houses in Proston is $251,865 while the median value for Units is $305,940.
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