OFF MARKET

2 Walters Avenue W
West Gladstone QLD 4680

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 67m2
Land area: 693m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2 Walters Ave W, West Gladstone

2 Walters Ave W, West Gladstone is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1966. The property has a land size of 693m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1966
Floor Size
67m2
Land Size
693m2
Local Government
Gladstone Regional
Lot/Plan
12/RP606760

Last Listing description (September 2023)

This fully renovated block of four 2-bedroom units is one of the best multi-unit options in the property market at present and will be a "hot property" just before the end of the financial year... so act quickly or you will miss out!

All units are rented and provide a return of $1095 per week, which gives you a Gross Yield of 7.16%.


All 4 Units have been renovated in the last few years, so there is very little to do other than to just sit back and watch the property grow in value over the next couple of Boom Years for Gladstone.

Features of the complex include - four new kitchens have stainless appliances, ample cupboard space and are of a functional design. The two bottom units have a modern laminex timber look finish and the top two are a two-pac white finish which is to compliment the polished hardwood floors on that level. The two bottom units have tiled flooring throughout and all units have a combination shower/bath facility and new custom-made vanities which also house the washing machine. The toilet facilities completes the bathroom area. Both bedrooms have new fans, lights, screens and built-in cupboards with both of an excellent size and easily accommodating of most, if not all bedroom suites. All doors and windows have been security screened and as an added bonus there are large lockable courtyards for both the lower units and balconies for the upper level units.
Each unit has its own car parking facility and access is either by the front/main entry way which offers access to the bottom two units and a timber stairwell to the upstairs units. Rear access for all units is also available.

For more information on these units, please feel free to contact the Listing Agent Steven James on 0439 111 197 to arrange your private inspection.

Council Rates are approximately $8137p.a.

Property History for 2 Walters Ave W, West Gladstone, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$780,000
03 Jul 2023
Listed for Rent
$250/w
01 Aug 2009
  • 03 Jul 2023
    Sold for $780,000
  • 23 Jun 2023
    Listed for Sale $795,000
  • 10 Mar 2023
    Listed for Rent $290 / week
Sign in to see more transactions

Commute Calculator

About West Gladstone 4680

The size of West Gladstone is approximately 7.1 square kilometres. It has 16 parks covering nearly 14.1% of total area. The population of West Gladstone in 2011 was 5,200 people. By 2016 the population was 4,730 showing a population decline of 9.0% in the area during that time. The predominant age group in West Gladstone is 50-59 years. Households in West Gladstone are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Gladstone work in a trades occupation. In 2011, 59.1% of the homes in West Gladstone were owner-occupied compared with 55.4% in 2016.

West Gladstone has 2,828 properties. Over the last 5 years, Houses in West Gladstone have seen a 117.96% increase in median value, while Units have seen a 126.15% increase. As at 31 October 2024:

  • The median value for Houses in West Gladstone is $413,926 while the median value for Units is $263,039.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 49 properties listed for sale, and 6 properties listed for rent in West gladstone on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in West gladstone.

Suburb Insights for West Gladstone 4680

Market Insights
West Gladstone Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
West Gladstone Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.