SOLD
Sold on 07 Mar 2024 for $500,000

24 George Street
Torbanlea QLD 4662

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 1078m2
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Property Details for 24 George St, Torbanlea

24 George St, Torbanlea is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 1078m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Torbanlea in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
124m2
Land Size
1078m2
Local Government
Fraser Coast Regional
Lot/Plan
6/SP252052

Last Listing description (December 2021)

"This seven year young brick home in Torbanlea is currently returning an incredible guaranteed gross income of approximately 7% per annum for the next 2 years."

Built in 2013 with the rental market in mind, this four bedroom, two bathroom home located in the township of Torbanlea is close to the Bruce Hwy with a short drive to Maryborough, Hervey Bay and Burrum Heads, making this property the ideal location for people wanting the country lifestyle yet still being able to commute to work within a realistic timeframe.

Torbanlea has an excellent primary school with school bus facilities to neighboring towns for other education options such as high school, TAFE and Universities.

Currently leased with exceptional tenants until 2022, the property is low maintenance with fenced rear yard to allow for a pet.

Features of 55 Hunter Street Torbanlea are:
• Double lock up garage
• 4 bedrooms
• Master bedroom with ensuite
• Modern kitchen with dishwasher
• Air Conditioned Living area
• Ceiling Fans throughout
• Town sewage & water
• Alfresco undercover area
• Fenced rear yard
• Close to Torbanlea bowling club

With the current market and the lack of rentals, this investment is a sure thing Call us today to enquire about this property and others simular to this currently for sale in Torbanlea.

Property History for 24 George St, Torbanlea, QLD 4662

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Mar 2024
Listed for Rent
$243/w
07 Feb 2020
  • 07 Mar 2024
    Sold for $500,000
  • 15 Sep 2021
    Sold for $350,000
  • 04 Jun 2021
    Listed for Sale $350,000
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About Torbanlea 4662

The size of Torbanlea is approximately 28.4 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Torbanlea in 2011 was 871 people. By 2016 the population was 813 showing a population decline of 6.7% in the area during that time. The predominant age group in Torbanlea is 60-69 years. Households in Torbanlea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Torbanlea work in a community and personal service occupation. In 2011, 76.7% of the homes in Torbanlea were owner-occupied compared with 73.7% in 2016.

Torbanlea has 374 properties. Over the last 5 years, Houses in Torbanlea have seen a 90.58% increase in median value. As at 31 August 2024:

  • The median value for Houses in Torbanlea is $490,453 while the median value for Units is $412,044.
  • Houses have a median rent of $276.
There are currently 14 properties listed for sale, and no properties listed for rent in Torbanlea on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Torbanlea.

Suburb Insights for Torbanlea 4662

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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.