SOLD
RECENT ADVICE
Sold on 16 Aug 2024 for $630,000

15 Meibusch Street
Rangeville QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 617m2
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Property Details for 15 Meibusch St, Rangeville

15 Meibusch St, Rangeville is a 2 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces. The property has a land size of 617m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom DuplexSemi-detached sold in Rangeville in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
617m2
Local Government
Toowoomba Regional
Lot/Plan
42/RP112293

Last Listing description (August 2024)

Discover a fantastic investment opportunity with this solid duplex, perfectly positioned in the heart of Rangeville. This property features two well-proportioned 2-bedroom units:

• Unit 1: Has had an update, currently earning $265 per week until November 4, 2024, with a new appraisal suggesting a potential rent of $350 per week.
• Unit 2: Maintains its original condition, currently earning $230 per week until February 5, 2025, with a new appraisal suggesting a potential rent of $300 per week.

Both units offer:

• 2 built-in bedrooms
• 1 bathroom
• Open-plan kitchen and living areas
• Single carport

Conveniently located just a short stroll from parkland, local shopping centres, and within the Rangeville State School catchment, this duplex is set in a quiet, peaceful area with superb tenants who keep the property immaculate. With a combined current rental return of $495 per week, and possibility of a future return of $650 per week this is an excellent investment opportunity.

Don't miss out on this prime location with great rental potential!

Property History for 15 Meibusch St, Rangeville, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$630,000
16 Aug 2024
Listed for Rent
$175/w
23 Mar 2011
  • 09 Aug 2024
    Sold for $630,000
  • 30 Jul 2024
    Listed for Sale SOLD $630,000
  • 23 Feb 2011
    Listed for Rent - Price not available
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About Rangeville 4350

The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2011 was 8,216 people. By 2016 the population was 8,313 showing a population growth of 1.2% in the area during that time. The predominant age group in Rangeville is 40-49 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation. In 2011, 72.6% of the homes in Rangeville were owner-occupied compared with 71.8% in 2016.

Rangeville has 4,123 properties. Over the last 5 years, Houses in Rangeville have seen a 71.72% increase in median value, while Units have seen a 71.02% increase. As at 30 September 2024:

  • The median value for Houses in Rangeville is $813,059 while the median value for Units is $520,237.
  • Houses have a median rent of $560 while Units have a median rent of $410.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Rangeville on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Rangeville.

Suburb Insights for Rangeville 4350

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Julie Mccallum
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The Agency Toowoomba
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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.