OFF MARKET

2/131 Murray Street
Rockhampton City QLD 4700

Bedrooms: 6
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 2/131 Murray St, Rockhampton City

2/131 Murray St, Rockhampton City is a 6 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Rockhampton Regional

Last Listing description (April 2023)

Attention Investors! If you're looking for a low maintenance investment with immediate return, look no further than 131 Murray Street. This low-set brick duplex boasts two 3-bedroom units, both currently tenanted and fetching a combined $670 per week, with room to increase. The rear lane access to George Lane grants an opportunity for the buyer to further develop the land, with a possibility of potential subdivision.

* Two 3-bedroom, 1-bathroom, 2-car units, both currently tenanted
* Current rental appraisal $740-800 per week

* A huge block of land with 1121m2
* Fully fenced with rear access to carport

This duplex is situation in prime location, approx 1.2km drive to Base Hospital and 1.3km Rockhampton Grammar School, and walking distance to a number of eating establishments and grocery stores.

If you are looking for your next investment, call Jess Noakes today, this one won't last!

Property History for 2/131 Murray St, Rockhampton City, QLD 4700

A timeline of how this property has performed in the market
Listed for Rent
15 Apr 2021
  • 20 Feb 2023
    Listed for Sale $630,000
  • 18 Mar 2021
    Listed for Rent $300 / week

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About Rockhampton City 4700

The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2011 was 2,244 people. By 2016 the population was 1,954 showing a population decline of 12.9% in the area during that time. The predominant age group in Rockhampton City is 50-59 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation. In 2011, 41.4% of the homes in Rockhampton City were owner-occupied compared with 41.1% in 2016.

Rockhampton City has 2,252 properties. Over the last 5 years, Houses in Rockhampton City have seen a 104.67% increase in median value, while Units have seen a 109.88% increase. As at 31 October 2024:

  • The median value for Houses in Rockhampton City is $323,451 while the median value for Units is $597,924.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 33 properties listed for sale, and 17 properties listed for rent in Rockhampton city on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Rockhampton city.

Suburb Insights for Rockhampton City 4700

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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.