OFF MARKET

40A May Street
Walkervale QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 799m2
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Property Details for 40a May St, Walkervale

40a May St, Walkervale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 799m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1950
Floor Size
139m2
Land Size
799m2
Local Government
Bundaberg Regional
Lot/Plan
3/RP100272

Last Listing description (June 2022)

SET & FORGET OPPORTUNITY

Considering another addition to your investment portfolio, whilst interest rates remain low and yields are so healthy, this set & forget opportunity will certainly meet your investment strategy. Long staying tenants & a fixed lease agreement, you are assured your return will remain guaranteed.

A spacious & practical floorplan consists of three generous size bedrooms, large living area, kitchen/dining combined, huge open area bathroom arranged to suit disability access and the downstairs laundry which also has a second shower & toilet. There is multiple entertaining areas, a tiled alfresco area at the front or a huge covered area on a timber deck setting out the back. The large backyard has shed space for the yard equipment, the gardens are well established and easy to maintain.

From the Weekes Perspective :-
- Refurbished over recent years
- Fixed term tenant paying $360 per week until September 2022 (rental appraisal $400 per week)
- A modern & practical kitchen with plenty of storage
- Bathroom a great setup, designed to suit disability access
- Second shower & toilet in the downstairs area off the back of the lock up garage
- Air-conditioning to the main living & two bedrooms
- Multiple entertaining areas
- 799sqm fenced block
- 600m to Southside Central for grocery & pharmaceutical needs
- Council rates $1801 (approx) per half year inc water

Property History for 40a May St, Walkervale, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$340,000
05 May 2022
Listed for Rent
$300/w
26 Jul 2015
  • 05 May 2022
    Sold for $340,000
  • 23 Apr 2022
    Listed for Sale Under Contract
  • 12 Jun 2015
    Listed for Rent - Price not available
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About Walkervale 4670

The size of Walkervale is approximately 1.7 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of Walkervale in 2011 was 3,002 people. By 2016 the population was 2,982 showing a population decline of 0.7% in the area during that time. The predominant age group in Walkervale is 10-19 years. Households in Walkervale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Walkervale work in a labourer occupation. In 2011, 67.6% of the homes in Walkervale were owner-occupied compared with 62.2% in 2016.

Walkervale has 1,371 properties. Over the last 5 years, Houses in Walkervale have seen a 126.39% increase in median value, while Units have seen a 58.06% increase. As at 31 October 2024:

  • The median value for Houses in Walkervale is $460,769 while the median value for Units is $349,914.
  • Houses have a median rent of $520 while Units have a median rent of $238.
There are currently 9 properties listed for sale, and 1 property listed for rent in Walkervale on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Walkervale.

Suburb Insights for Walkervale 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.