1 Raye St, Tolland is a 7 bedroom, 4 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 803m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 7 bedroom House sold in Tolland in the last 12 months.
A fantastic four-tier investment option with loads of upside. Consisting of three two-bedroom properties & a one bedroom property with solid returns and historically low vacancy.
All Units - 1,2,3,4, include:
• Kitchen with electric oven & cooktop with generous bench & cupboard space
• built-in robes to bedrooms
• updated reverse cycle air-conditioner
• Main bathroom with shower, toilet, and vanity
• Open plan living
• Onsite parking
• 2 shared laundries
Unit 1 - Original condition with some updates
Unit 2 - Original condition with some updates
Unit 3 - Mainly original condition with fresh paintwork
Unit 4 - Renovated kitchen, fresh paintwork and flooring
Rental Returns:
Unit 1 - $320 per week (2 bedroom)
Unit 2 - $300 per week (2 bedroom)
Unit 3 - $320 per week (2 Bedroom)
Unit 4 - $300 per week (1 Bedroom)
Yearly income of $64,480
Rates - $5,228.94p.a
Water - $1,103.72 for 2024 (the landlord pays for all water)
Land - 777.80 sqm
Currently on one title, NO strata.
Moments to Tolland shops, bus route and local schooling.
Expenses can be provided upon request.
The size of Tolland is approximately 2.0 square kilometres. There are 4 parks, covering nearly 11.9% of the total area. The population of Tolland in 2016 was 3357 people. By 2021 the population was 3459 showing a population growth of 3.0% in the area during that time. The predominant age group in Tolland is 0-9 years. Households in Tolland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tolland work in a labourer occupation.In 2021, 54.20% of the homes in Tolland were owner-occupied compared with 51.60% in 2016.
Tolland has 1,694 properties. Over the last 5 years, Houses in Tolland have seen a 106.54% increase in median value, while Units have seen a 120.83% increase. As at 30 June 2026:
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