SOLD
Sold on 12 Apr 2024 for $480,000

501/532-544 Ruthven Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 95m2
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Property Details for 501/532-544 Ruthven St, Toowoomba City

501/532-544 Ruthven St, Toowoomba City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 95m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Toowoomba City in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
85m2
Land Size
95m2
Local Government
Toowoomba Regional
Lot/Plan
501/SP115378

Last Listing description (April 2021)

Presenting an incredible investment opportunity in Central Plaza Apartments. This dual key, fully furnished apartment features the option to live in one unit and rent out the other, or use for extra guests. Apartment 501 is a studio apartment with personal kitchenette, while apartment 502 welcomes a full sized kitchen, spacious living and dining room, single bedroom and city views from the balcony. Located in the heart of the Toowoomba CBD, you have endless options for coffee, shopping, restaurants and bars.
- Current guaranteed rental income of $2,199.45 per month
- On site complex managers - no extra management fees payable

- The complex offers: a gymnasium, heated pool, spa and BBQ area
- Fully furnished and purchase includes furniture package
- Air-conditioning and ceiling fans to both apartments
- Live in one, rent the other out, or privately rent both
- Located in the heart of the CBD close to shops, restaurants and bars

Administration fee $1,197pq
Sinking fund $351pq

Property History for 501/532-544 Ruthven St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$480,000
12 Apr 2024
  • 12 Apr 2024
    Sold for $480,000
  • 05 Jul 2022
    Sold for $315,000
  • 01 Feb 2019
    Listed for Sale $300,000 - $340,000
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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 2,354 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:

  • The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
  • Houses have a median rent of $493 while Units have a median rent of $350.
There are currently 27 properties listed for sale, and 112 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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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.