SOLD
RECENT ADVICE
Sold on 01 May 2024 for $310,000

16 Victoria Street
Silkwood QLD 4856

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 809m2
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Property Details for 16 Victoria St, Silkwood

16 Victoria St, Silkwood is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Silkwood in the last 12 months.

Building Type
House
Land Size
809m2
Local Government
Cassowary Coast Regional
Lot/Plan
6/S7937

Last Listing description (May 2024)

INVESTING IS ALWAYS INTERESTING !!
Smart Investment with a guaranteed profit, an excellent family or first home buy.
What an opportunity this property is.

At this price, this home presents a golden opportunity for a value-increasing makeover and is an ideal choice for savvy investors.

In today's high-demand rental market, this property guarantees a solid weekly return of approximately $345 -$457
This super solid and well-maintained 3 Bed/1 Bath property is a rare find in a safe area. It sits on a spacious 809m2 and has the unique advantage of backing the 16ha Reserve Forest. This is one of those timeless homes with lots of potential, offering a unique blend of space and convenience.
All rooms are generously sized, air-conditioned, and have ceiling fans and built-ins. The open floor plan and high ceilings create a sense of airiness, while the kitchen comes equipped with a convenient breakfast bar, perfect for entertaining. There is also plenty of cupboard space. A 6KW Solar System adds to the value.
The spacious and lovely garden allows you to grow your own vegetables and fruit trees. There is also a garden shed for your tools or use it as a workshop.
Are you interested? Contact me for more information or a video walkthrough for those too far away for a personal visit.

Property History for 16 Victoria St, Silkwood, QLD 4856

A timeline of how this property has performed in the market
Last Sold
$310,000
01 May 2024
  • 01 May 2024
    Sold for $310,000
  • 23 Apr 2024
    Listed for Sale Offers Over 298,000

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About Silkwood 4856

The size of Silkwood is approximately 22.8 square kilometres. The population of Silkwood in 2011 was 713 people. By 2016 the population was 390 showing a population decline of 45.3% in the area during that time. The predominant age group in Silkwood is 50-59 years. Households in Silkwood are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Silkwood work in a labourer occupation. In 2011, 72.2% of the homes in Silkwood were owner-occupied compared with 75.7% in 2016.

Silkwood has 282 properties. Over the last 5 years, Houses in Silkwood have seen a 71.21% increase in median value. As at 31 October 2024:

  • The median value for Houses in Silkwood is $315,404 while the median value for Units is $211,406.
  • Houses have a median rent of $258.
There are currently 14 properties listed for sale, and no properties listed for rent in Silkwood on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Silkwood.

Suburb Insights for Silkwood 4856

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Rosy Maccarrone
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CAIRNS PROPERTY OFFICE
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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.