OFF MARKET

2/22 Gauvin Street
Richmond Hill QLD 4820

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 2023m2
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Last updated 11 Nov 2024
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Property Details for 2/22 Gauvin St, Richmond Hill

2/22 Gauvin St, Richmond Hill is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 2023m2.

Building Type
Unit
Land Size
2023m2
Local Government
Charters Towers Regional

Last Listing description (June 2024)

Investors this property has huge potential. Positioned on a 2023m2 allotment with potential to subdivide or build more units on vacant land with shed.
Two masonry block units currently returning $550pw and offer the following features.

Unit 1 - Offers 2 Bedrooms and returns $200pw

Open plan living area with split system air-conditioning and tidy kitchen with electric stove and good bench space
2 Good size bedrooms - one with box air-con
Enclosed laundry offers plenty of space for storage
Bathroom has tiled shower recess, vanity and separate toilet
Front patio and adjoining carport
Fenced back yard

Unit 2 - Offers 3 bedrooms and returns $350pw
Open plan living area with split system air-conditioning and well-appointed kitchen with electric stove, excellent bench space, corner pantry
3 Bedrooms - 2 with box air-con
Bathroom has a tiled shower recess, vanity, linen cupboard and separate toilet
Enclosed laundry offers plenty of space for storage
Front patio and adjoining carport
Fenced back yard
Additional vacant land offers a 3 bay shed and garden shed

Perfect for the astute investor with endless possibilities to improve.

Property History for 2/22 Gauvin St, Richmond Hill, QLD 4820

A timeline of how this property has performed in the market
  • 21 Feb 2024
    Listed for Sale $390,000

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About Richmond Hill 4820

The size of Richmond Hill is approximately 4.3 square kilometres. It has 11 parks covering nearly 7.4% of total area. The population of Richmond Hill in 2011 was 2,775 people. By 2016 the population was 2,484 showing a population decline of 10.5% in the area during that time. The predominant age group in Richmond Hill is 10-19 years. Households in Richmond Hill are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond Hill work in a professional occupation. In 2011, 61.1% of the homes in Richmond Hill were owner-occupied compared with 57.8% in 2016.

Richmond Hill has 1,013 properties. Over the last 5 years, Houses in Richmond Hill have seen a 51.33% increase in median value, while Units have seen a 6.66% increase. As at 31 October 2024:

  • The median value for Houses in Richmond Hill is $241,044 while the median value for Units is $207,165.
  • Houses have a median rent of $388 while Units have a median rent of $250.
There are currently 35 properties listed for sale, and no properties listed for rent in Richmond hill on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Richmond hill.

Suburb Insights for Richmond Hill 4820

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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.