382 Bridge St, Wilsonton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 905m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
On offer for the astute investor is this neat and tidy duplex with secure, long term tenants and an opportunity to value add to further increase your return. Currently tenanted with a tenant who has been in place for over 20+ years and producing a combined rental income of $410/week (5.8% rate of return.) This well-maintained property is located on a huge 905m2 zoned low to medium density with room for a potential third dwelling.
Each unit offers;
- 2 large carpeted built-in bedrooms
Now has never been a better time to buy with a current vacancy rates in Toowoomba sitting below 1%.
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 3,449 properties. Over the last 5 years, Houses in Wilsonton have seen a 89.61% increase in median value, while Units have seen a 79.03% increase. As at 31 August 2024:
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