23 Meibusch StreetRangeville QLD 4350
Property Details for 23 Meibusch St, Rangeville
23 Meibusch St, Rangeville is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 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 October 2023. There are other 4 bedroom DuplexSemi-detached sold in Rangeville in the last 12 months.
Last Listing description (October 2023)
Discover the perfect investment opportunity with this well-looked-after duplex located in Rangeville. Situated at 23 Meibusch Street, this tidy residence boasts a total of four bedrooms and two bathrooms split across two units. Each unit is cleverly designed with two comfortable bedrooms and a modern bathroom, creating an inviting and homely space for tenants.
The property's location is a key asset; it's directly adjacent to High Street Shopping Centre and close to the respected Rangeville State School. This adds an extra appeal for potential renters who value convenience and accessibility.
As far as investments go, this one has fantastic yield potential; Unit 1 currently brings in $380 per week until December 2023 while Unit 2 generates $360 per week until October 2024.
Featuring:
- Individually water metered
- Large backyards
- Ceiling fans
- Air conditioning
- Built in robes
- Updated rental appraisal: $425-$450 per unit
- Rangeville & Centenary Heights school catchments
- Rates: $1,918.18 per net half year
Property History for 23 Meibusch St, Rangeville, QLD 4350
- 21 Sep 2023Sold for $765,000
- 04 Sep 2023Listed for Sale OFFERS OVER $749,000
- 18 Apr 2012Listed for Sale $499,000
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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 4,125 properties. Over the last 5 years, Houses in Rangeville have seen a 61.70% increase in median value, while Units have seen a 67.87% increase. As at 31 July 2024:
- The median value for Houses in Rangeville is $788,578 while the median value for Units is $496,836.
- Houses have a median rent of $550 while Units have a median rent of $398.
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