OFF MARKET

9 Cowan Close
South Gladstone QLD 4680

Bedrooms: 8
Bathrooms: 4
Car spaces: 8
Land area: 312m2
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Property Details for 9 Cowan Cl, South Gladstone

9 Cowan Cl, South Gladstone is a 8 bedroom, 4 bathroom Unit with 8 parking spaces and was built in 1980. The property has a land size of 312m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1980
Land Size
312m2
Local Government
Gladstone Regional
Lot/Plan
1/BUP60178

Last Listing description (October 2020)

What an excellent opportunity for the savvy investor to own a complete block of townhouses offering a solid return.

The block has four two storey units along with on site covered parking for each property and a fenced yard.


Each property is individually titled but it is being sold as a complete block with No Body Corporate fees as you would own the whole lot. The well maintained units consist of an open plan kitchen/living room, a seperate laundry to the ground floor, with two bedrooms and a shower room to the first floor.

All of the properties currently have a long term tenant in place, so you will start to recoup your outlay immediately!

The block is conveniently located in South Gladstone, literally a few minutes drive away from the Stockland shopping centre and is within walking distance of local shops.

Contact me today for further information about this incredible opportunity to invest in the Gladstone market.

Property History for 9 Cowan Cl, South Gladstone, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$365,000
11 Sep 2020
  • 11 Sep 2020
    Sold for $365,000
  • 27 Jul 2020
    Listed for Sale Offers Around $395,000
  • 27 Mar 2019
    Listed for Sale $465,000
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About South Gladstone 4680

The size of South Gladstone is approximately 3.2 square kilometres. It has 5 parks covering nearly 9.4% of total area. The population of South Gladstone in 2011 was 3,626 people. By 2016 the population was 3,304 showing a population decline of 8.9% in the area during that time. The predominant age group in South Gladstone is 20-29 years. Households in South Gladstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Gladstone work in a trades occupation. In 2011, 50.4% of the homes in South Gladstone were owner-occupied compared with 48% in 2016.

South Gladstone has 2,171 properties. Over the last 5 years, Houses in South Gladstone have seen a 100.80% increase in median value, while Units have seen a 120.15% increase. As at 31 October 2024:

  • The median value for Houses in South Gladstone is $416,881 while the median value for Units is $236,685.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 45 properties listed for sale, and 11 properties listed for rent in South gladstone on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in South gladstone.

Suburb Insights for South Gladstone 4680

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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.