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Sold on 30 Sep 2024 for $790,000

2/29 Mcfarlane Street
Wilsonton QLD 4350

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 71m2
Land area: 631m2
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Property Details for 2/29 Mcfarlane St, Wilsonton

2/29 Mcfarlane St, Wilsonton is a 6 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 631m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom House sold in Wilsonton in the last 12 months.

Building Type
House
Floor Size
71m2
Land Size
631m2
Local Government
Toowoomba Regional

Last Listing description (October 2024)

This quality-renovated duplex in the sought-after Wilsonton area offers an outstanding investment opportunity with both units currently tenanted, delivering an impressive 5.96% return. Each unit is rented at $430 per week until December 2024 and January 2025, ensuring immediate and stable rental income.

Key Features:

- Spacious Lounge: Tiled flooring with air conditioning for year-round comfort.

- Main Bedroom: Includes an ensuite with a toilet, ensuring privacy and convenience.
- Additional Bedrooms: Two well-sized bedrooms with built-in wardrobes, providing ample storage.
- Modern Kitchen: Features a stylish stone benchtop, 2 Pac cupboards, and an electric stove for easy meal preparation.
- Comfort & Security: Ceiling fans in all bedrooms, security screens throughout, and electric hot water systems.
- Outdoor Appeal: Each unit boasts a generously sized yard, with a garden shed included for Unit 1.
- Recent Upgrades: New roof, front fence, driveway, and a double carport enhance the property's value and curb appeal.

Location Highlights:

- Proximity to Amenities: Just a short walk to Wilsonton Shopping Centre and the Captain Cook Sporting Precinct.
- Healthcare Access: Only 5 minutes from the upcoming Toowoomba Hospital, ensuring these units remain highly desirable for tenants.

This duplex is the perfect blend of modern living and investment potential, located in a thriving community. Don't miss out on securing this fantastic property!

Rent - Currently $430 per unit - $860 in total
Rates - $1,796.17 net per half year
Water - $335.75 net per half year

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Property History for 2/29 Mcfarlane St, Wilsonton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$790,000
30 Sep 2024
Listed for Rent
$240/w
20 Aug 2020
  • 30 Sep 2024
    Sold for $790,000
  • 04 Sep 2024
    Listed for Sale Offers Over $749,000
  • 23 Jul 2019
    Listed for Rent - Price not available
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About Wilsonton 4350

The size of Wilsonton is approximately 5.3 square kilometres. It has 13 parks covering nearly 7.7% of total area. The population of Wilsonton in 2011 was 5,986 people. By 2016 the population was 5,958 showing a population decline of 0.5% in the area during that time. The predominant age group in Wilsonton is 0-9 years. Households in Wilsonton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wilsonton work in a trades occupation. In 2011, 62.3% of the homes in Wilsonton were owner-occupied compared with 59.3% in 2016.

Wilsonton has 3,415 properties. Over the last 5 years, Houses in Wilsonton have seen a 95.76% increase in median value, while Units have seen a 83.01% increase. As at 30 September 2024:

  • The median value for Houses in Wilsonton is $537,153 while the median value for Units is $405,278.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Wilsonton on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Wilsonton.

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