OFF MARKET

10 Parsloe Street
Svensson Heights QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 139m2
Land area: 716m2
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Property Details for 10 Parsloe St, Svensson Heights

10 Parsloe St, Svensson Heights is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 716m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1960
Floor Size
139m2
Land Size
716m2
Local Government
Bundaberg Regional
Lot/Plan
1/RP124210

Last Listing description (June 2021)

Grossing a yield of approximately 7%, investors, take note.

Here are two homes for the price of one. Sitting on one title, at the front of the block is a 3 bedroom house and behind the house is a 1 bedroom unit. If you are looking for a property with a twist, this may just be the opportunity you have been seeking live in the house and use the rent from the unit to pay down the mortgage. Alternatively, rent both residences for a strong return. Do you have a need for somewhere for an elderly parent/teenager to live independently but still be close?
With tenants already in place and wanting to stay, the current rental return is $465 per week. ($300 for the house & $165 for the unit). Both properties are solid brick homes and have potential to add value for a stronger return.

The house includes:
3 bedrooms plus office
Kitchen and dining, good sized laundry
Formal lounge plus extra family room
Spacious covered entertainment area
Double carport
Fully fenced
Ceiling fans
The unit includes:
1 bedroom with bathroom adjoining
Master bedroom, separate laundry
Open plan kitchen/dining & living
Small rear verandah
Fully fenced
Ceiling fans

Property History for 10 Parsloe St, Svensson Heights, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$455,000
18 Aug 2023
  • 18 Aug 2023
    Sold for $455,000
  • 12 Mar 2021
    Sold for $290,000
  • 12 Nov 2020
    Listed for Sale $309,000
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About Svensson Heights 4670

The size of Svensson Heights is approximately 2.9 square kilometres. It has 4 parks covering nearly 2.1% of total area. The population of Svensson Heights in 2011 was 3,204 people. By 2016 the population was 3,218 showing a population growth of 0.4% in the area during that time. The predominant age group in Svensson Heights is 50-59 years. Households in Svensson Heights are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Svensson Heights work in a professional occupation. In 2011, 60.6% of the homes in Svensson Heights were owner-occupied compared with 57.7% in 2016.

Svensson Heights has 1,707 properties. Over the last 5 years, Houses in Svensson Heights have seen a 119.70% increase in median value, while Units have seen a 94.77% increase. As at 31 October 2024:

  • The median value for Houses in Svensson Heights is $460,128 while the median value for Units is $383,432.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Svensson heights on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Svensson heights.

Suburb Insights for Svensson Heights 4670

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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.