508/532-544 Ruthven StreetToowoomba City QLD 4350
Property Details for 508/532-544 Ruthven St, Toowoomba City
508/532-544 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 86m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Toowoomba City in the last 12 months.
Last Listing description (March 2024)
There are many opportunities for buyers in this dual key renovated apartment. Live in and enjoy affordable high rise living with features such as pool and gym and the ability to walk everywhere in the Toowoomba CBD.
From the investment angle you can rent out both the 1 bedroom apartment and the studio for a potential net return of $53 000 per annum or live in one and rent the other allowing both live in and rental income.
The property is sold fully furnished with all new furniture including king beds & 55 inch QLED televisions. Features of the renovations include luxury vinyl plank flooring, timber feature walls and 2 air conditioning units, new dc ceiling fans and new dc lights. As per the description this property offers more than the standard 2 bed 2 bath unit in both rental return and benefits to owner occupier whilst being located in a prime real estate position.
General Rates net 1/2yr $1103.57
Water Access Charge net 1/2yr $315.29
Body Corporate $1870 per quarter
Property History for 508/532-544 Ruthven St, Toowoomba City, QLD 4350
- 25 Jan 2024Sold for $500,000
- 12 Jan 2024Listed for Sale Interest From $499,000
- 25 Jun 2021Sold for $290,000
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0About 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.
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