SOLD
Sold on 16 Jan 2024 for $485,000

16 Matthew Street
Stanthorpe QLD 4380

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1429m2
Save

Property Details for 16 Matthew St, Stanthorpe

Building Type
Commercial
Year Built
1957
Land Size
1429m2
Local Government
Southern Downs Regional
Lot/Plan
5/RP114697

Last Listing description (February 2024)

This is a unique property and opportunity with an excellent return from various professional tenants. Situated one street back from the main street of Stanthorpe, the 1429m2 commercial zoned property has dual street frontage, easy access and ample parking and has been well-maintained and improved by the current owners. An astute buyer will be impressed with the potential to solidify the return with, subject to Council approval, expansion from the current 164m2 building or perhaps change of use to permit residential and commercial. With 5 rooms, most with built-in storage, a large kitchen, laundry and bathroom facilities, spacious reception or living area, disability access plus a private and appealing courtyard and garden area, the property has (STCA) the potential to be redeveloped to suit a child-care centre, medical or dental rooms, retail or licensed premises. Prime location, excellent current return, potential to diversify, very reasonable price - call Crisp Real Estate for more information or to arrange an inspection.

Property History for 16 Matthew St, Stanthorpe, QLD 4380

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $485,000
  • 01 Nov 2023
    Listed for Sale $475,000
  • 24 Feb 2022
    Listed for Sale $575,000
Sign in to see more transactions

Commute Calculator

About Stanthorpe 4380

The size of Stanthorpe is approximately 33.8 square kilometres. It has 24 parks covering nearly 2% of total area. The population of Stanthorpe in 2011 was 5,384 people. By 2016 the population was 5,393 showing a population growth of 0.2% in the area during that time. The predominant age group in Stanthorpe is 60-69 years. Households in Stanthorpe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stanthorpe work in a labourer occupation. In 2011, 63.2% of the homes in Stanthorpe were owner-occupied compared with 63.8% in 2016.

Stanthorpe has 3,292 properties. Over the last 5 years, Houses in Stanthorpe have seen a 87.55% increase in median value, while Units have seen a 52.61% increase. As at 31 October 2024:

  • The median value for Houses in Stanthorpe is $470,483 while the median value for Units is $416,788.
  • Houses have a median rent of $430 while Units have a median rent of $320.
There are currently 67 properties listed for sale, and 9 properties listed for rent in Stanthorpe on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Stanthorpe.

Suburb Insights for Stanthorpe 4380

Market Insights
Stanthorpe Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Stanthorpe Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Julia Jones
Show contact details
Norman Crisp
Show contact details
Crisp Real Estate
Preferred contact:
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.