OFF MARKET

2/266B South Street
South Toowoomba QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 77m2
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Property Details for 2/266b South St, South Toowoomba

2/266b South St, South Toowoomba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 77m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1965
Floor Size
60m2
Land Size
77m2
Local Government
Toowoomba Regional
Lot/Plan
2/BUP6890

Last Listing description (July 2023)

Calling all investors -

Located within a few minutes to the Toowoomba City Golf Club and the Toowoomba Base Hospital and approx. a 4-minute drive into Toowoomba's CBD (2km walk) this four-bedroom duplex offers a great return, good tenants and offers plenty of opportunity being strata titled.

Currently Returning $550 per week

Unit 1 - Lease -30/09/22-29/09/23 rent $270.00 per week.

Unit 2 - Lease - 18/02/23-17/02/24 rent - $280.00 per week.

Features Include

Both units -two built in bedrooms . The bathrooms both consist of a shower and separate toilet with the laundry in between leading out to your own private fenced backyard. The kitchens have plenty of cupboard space, electric oven with hot plates and reverse cycle A/C. Open Plan dining and living. Both units have undercover parking at the front & their own back yard.

Situated on 614m2.

Current insurance is $1577
Toowoomba City Council - current rates -$1061 per unit equalling $2122 for the entire duplex 1/2 year

Please don't hesitate to contact Sue Edwards on 0437 377 988 to organise your private inspection.

Property History for 2/266b South St, South Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$235,000
26 May 2023
Listed for Rent
$245/w
15 Dec 2020
  • 26 May 2023
    Listed for Sale $475,000 +
  • 26 May 2023
    Sold for $235,000
  • 25 Jan 2021
    Sold for $182,500
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About South Toowoomba 4350

The size of South Toowoomba is approximately 3.7 square kilometres. It has 11 parks covering nearly 20.6% of total area. The population of South Toowoomba in 2011 was 5,224 people. By 2016 the population was 5,237 showing a population growth of 0.2% in the area during that time. The predominant age group in South Toowoomba is 20-29 years. Households in South Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Toowoomba work in a professional occupation. In 2011, 54.9% of the homes in South Toowoomba were owner-occupied compared with 51% in 2016.

South Toowoomba has 3,197 properties. Over the last 5 years, Houses in South Toowoomba have seen a 80.68% increase in median value, while Units have seen a 89.75% increase. As at 30 September 2024:

  • The median value for Houses in South Toowoomba is $597,312 while the median value for Units is $476,776.
  • Houses have a median rent of $470 while Units have a median rent of $410.
There are currently 17 properties listed for sale, and 12 properties listed for rent in South toowoomba on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in South toowoomba.

Suburb Insights for South Toowoomba 4350

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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.