774 Ruthven Street SSouth Toowoomba QLD 4350
Property Details for 774 Ruthven St S, South Toowoomba
774 Ruthven St S, South Toowoomba is a 11 bedroom, 5 bathroom Unit with 7 parking spaces. The property has a land size of 560m2. While the property is not currently for sale or for rent, it was last sold in October 1992.
Last Listing description (December 2018)
Substantial contemporary unit block offering the astute investor a unique opportunity to secure a multi income investment stream with assured capital growth. This exciting and flexible investment comprises 1 x 3 bedroom and 4 x 2 bedroom units on separate titles. On a fully let basis the property is currently returning $61,880.00 annually with scope for a rental increase.
Each unit has their own laundry, air conditioning and lock up garage with store room. Situated within easy reach of the CBD these units are very popular with prospective tenants which ensures a very high occupancy rate. Don't delay inspection a must. Finance available to approved purchasers.
Property History for 774 Ruthven St S, South Toowoomba, QLD 4350
- 16 May 2018Listed for Sale Not Disclosed
- 02 Oct 1992Sold for $85,000
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0About 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 3,193 properties. Over the last 5 years, Houses in South Toowoomba have seen a 79.41% increase in median value, while Units have seen a 92.39% increase. As at 31 October 2024:
- The median value for Houses in South Toowoomba is $603,995 while the median value for Units is $493,289.
- Houses have a median rent of $470 while Units have a median rent of $420.
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