OFF MARKET

41 Busteed Street
West Gladstone QLD 4680

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 61m2
Land area: 926m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 41 Busteed St, West Gladstone

41 Busteed St, West Gladstone is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 926m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1972
Floor Size
61m2
Land Size
926m2
Local Government
Gladstone Regional
Lot/Plan
14/G14171

Last Listing description (May 2017)

Here's an affordable opportunity to earn an income and start the path to home ownership all in one property, or just build on a solid investment portfolio, with this centrally located duplex. Located on an elevated corner lot and enjoying a northerly aspect, these two bedroom units offer single level living on the top floor with an open plan style of living and individual balconies at the front of each. Having managed this property in the past, tenants loved the lock up car accommodation and ample storage under the units, in addition to the close proximity to local shops, Stockland Kin Kora and primary & high schools. The seller has enjoyed very low vacancy rates over his years as landlord. There is ample off street parking and both units enjoy flat yard space at both the front and rear. With the property in good condition throughout, there is no major money to be spent upfront but the smart investor will see the potential to add value with their own improvements to the 926m2 lot and property over time. Both properties are sold part furnished and tenancies are in place.
With the market offering the best value for money buying conditions seen in 10 years, and interest rates at historic lows, this property offers the perfect storm of conditions to be a money-maker for it's next owner. Contact Shane McLeod now to arrange your inspection, or with any further questions.
**Some file photos due to tenant privacy**

Property History for 41 Busteed St, West Gladstone, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$280,000
14 Jul 2021
Listed for Rent
$165/w
24 Dec 2015
  • 14 Jul 2021
    Sold for $280,000
  • 09 Dec 2015
    Listed for Sale $325,000
  • 01 Sep 2015
    Listed for Rent $165 / 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 2,831 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 7 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.