OFF MARKET

1 Umbiram Road
Wyreema QLD 4352

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 2787m2
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Property Details for 1 Umbiram Rd, Wyreema

1 Umbiram Rd, Wyreema is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2787m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Land Size
2787m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP20929

Last Listing description (June 2015)

Set on 3 lots totalling 2,787m this property represents a fantastic opportunity for investors and developers alike.
The property is the site of the Wyreema Store which has served the local area for generations. The store is currently leased and provides a very strong return.
Attached to the store is a 3 bedroom residence and with 2,787 square metres in total there is plenty of space for further residential development subject to TRC approval.

The property is now surplus to our seller's requirements and absolutely must be sold at or before auction.
Fast Facts:
*2,787m on 3 Lots
*Wyreema Store
*Good tenants in place operating the Store
*3 Bedroom Residence
*Opportunity for Further development

Property History for 1 Umbiram Rd, Wyreema, QLD 4352

A timeline of how this property has performed in the market
Last Sold
$300,000
18 Feb 2015
  • 18 Feb 2015
    Sold for $300,000
  • 17 Jan 2015
    Listed for Sale AUCTION
  • 06 May 2011
    Sold for $400,000
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About Wyreema 4352

The size of Wyreema is approximately 40.5 square kilometres. It has 2 parks. The population of Wyreema in 2011 was 1,247 people. By 2016 the population was 1,824 showing a population growth of 46.3% in the area during that time. The predominant age group in Wyreema is 0-9 years. Households in Wyreema are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wyreema work in a trades occupation. In 2011, 82.2% of the homes in Wyreema were owner-occupied compared with 70.6% in 2016.

Wyreema has 974 properties. Over the last 5 years, Houses in Wyreema have seen a 76.63% increase in median value, while Units have seen a 99.22% increase. As at 31 October 2024:

  • The median value for Houses in Wyreema is $603,266 while the median value for Units is $521,937.
  • Houses have a median rent of $500 while Units have a median rent of $360.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Wyreema on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Wyreema.

Suburb Insights for Wyreema 4352

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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.