51 Kenny LaneSt George QLD 4487
Property Details for 51 Kenny Lane, St George
51 Kenny Lane, St George is a 4 bedroom, 2 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 1m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom Semi-Detached sold in St George in the last 12 months.
Last Listing description (April 2024)
Looking to invest? This property is a fantastic starter for anyone entering the market - live in one and rent out the other. It could also be a great addition to a Self-Managed Superannuation Fund. Asking price is $229,000 which gives 9.7% gross rental yield. This 2 x 2 bedroom duplex is located in St George, which is a thriving country town in regional Queensland. Both units have been consistently rented for many years and are currently rented at $220 and $210/week to excellent tenants.
Opportunities like this don't come along very often, so get in quick or miss out.
Each unit has the following features:
• 2 Bedrooms
• Large lounge room
• Eat-in kitchen with electric stove
• Bathroom with shower over bath
• Evaporative air-conditioning throughout
• Separate toilet
• Laundry
• Fenced back yard.
The rental market in St George continues to be very strong with almost zero vacancy rate.
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information.
Property History for 51 Kenny Lane, St George, QLD 4487
- 29 Apr 2024Listed for Sale $229,000
- 29 Apr 2024Sold for $225,000
- 24 Oct 2023Listed for Sale $229,000
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About St George 4487
The size of St George is approximately 11,036.2 square kilometres. It has 12 parks covering nearly 0.4% of total area. The population of St George in 2011 was 3,292 people. By 2016 the population was 3,072 showing a population decline of 6.7% in the area during that time. The predominant age group in St George is 0-9 years. Households in St George are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St George work in a managers occupation. In 2011, 58.1% of the homes in St George were owner-occupied compared with 56.7% in 2016.
St George has 1,670 properties. Over the last 5 years, Houses in St George have seen a 0.69% increase in median value, while Units have seen a -4.81% decrease. As at 31 August 2024:
- The median value for Houses in St George is $231,603 while the median value for Units is $211,285.
- Houses have a median rent of $380 while Units have a median rent of $200.
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