SOLD
RECENT ADVICE
Sold on 13 Sep 2023 for $215,000

5/2 Logie Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 5/2 Logie St, Toowoomba City

5/2 Logie St, Toowoomba City is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Toowoomba City in the last 12 months.

Building Type
Unit
Local Government
Toowoomba Regional
Lot/Plan
5/BUP11187

Last Listing description (September 2023)

Located in a quiet complex, this freshly renovated 2 bedroom unit is perfectly located within walking distance to the CBD, Queen's Park and much, much more! Inner city living has just become affordable with Unit 5 at 2 Logie Street in Toowoomba City, this one is perfect for owner occupiers and investors alike!

Quick Features:
- Potential 6.93% gross return on investment on offer!

- Ground level unit
- Front covered patio
- 2 good sized carpeted bedrooms, each fitted with built-in robes
- Spacious open plan living area
- Renovated kitchen home to an electric stove, single bowl sink and ample bench space and cupboards
- Neat and tidy bathroom featuring shower and vanity
- Separate toilet for added convenience
- Internal laundry with single wash tub
- Security screens fitted to doors and windows
- NBN connection
- Single detached carport

Have a look at the photos, convenience is at an all time high! Queens Park, Cobb + Co Museum, an array of great Café's and restaurants as well as Grand Central Shopping Center are all within walking distance making sure the weekends are full of adventure. The Tafe, Toowoomba CBD and the Mills precinct are at your convenience throughout the week as well making the work week easy to navigate.

The unit has been freshly renovated throughout in recent time and features 2 good sized carpeted bedrooms, both with built-in wardrobes. The living area is open plan with the kitchen incorporated and has brand new vinyl plank flooring. The kitchen offers an electric stove, a single bowl sink, overhead cupboards and plenty of bench space; the blue feature splash back completes the perfect picture. The bathroom has a shower fitted with new tapware and fresh vanity. There is a separate toilet and an internal laundry making the unit totally self-contained.

The front north facing porch allows for a great spot for your morning 'cup of joe'; the separate carport is near your front door and located at the back of the complex making it as safe and as private as possible. The complex itself is well maintained by the current body corporate and has a healthy mixture of owner occupiers and tenants.

Investors - this complex is popular with tenants due to its location and convenience to the CBD and is rent appraised at $280 - $300 per week. That's a potential 6.93% gross return on investment on offer!

This one won't last long; that is for sure. For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

Body Corporate Fees are approx. $511.11 per quarter ($460.00 after discount applied)

General rates: currently $1,190.22 net per half year ($1,103.57 net per half year after discount applied)

Water rates: currently $350.32 net per half year plus consumption

Property History for 5/2 Logie St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$215,000
13 Sep 2023
Listed for Rent
30 Sep 2023
  • 15 Sep 2023
    Listed for Rent $285 / week
  • 23 Aug 2023
    Sold for $215,000
  • 06 Jul 2023
    Listed for Sale UNDER CONTRACT
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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,353 properties. Over the last 5 years, Houses in Toowoomba City have seen a 69.70% increase in median value, while Units have seen a 42.39% increase. As at 31 July 2024:

  • The median value for Houses in Toowoomba City is $572,970 while the median value for Units is $418,284.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 25 properties listed for sale, and 113 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Toowoomba city.

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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.