54 Wilmington StreetAyr QLD 4807
Property Details for 54 Wilmington St, Ayr
Last Listing description (February 2014)
HIGHLY PROFITABLE FREEHOLD BACKPACKERS
Ayr Backpackers is a working backpacker hostel for the Burdekin District, ideal to purchase, retain the freehold and sell the lease.
68 Beds, further cash flow from contracting on top of the current book turnover of $370,000. Current return 17% +.
From the hostel it is only a two minute walk to supermarkets and a five minute walk to town, where you can find an array of modern retail shops, banks, hotels, cafes, restaurants, bowling, internet, Laundromats and the recently renovated cinema.
Ayr has one of the biggest cane farming areas of Australia, as well as one of the largest mango producing areas. It also farms lots of Italian vegetables and fruits, tomatoes, chillies, cucumbers, eggplants, zucchinis, squash, capsicums, pumpkins, rockmelons and watermelons.
The secret weapon is that Ayr has an abundance of water - the drought has not affected Ayr at all.
Property History for 54 Wilmington St, Ayr, QLD 4807
- 06 Dec 2019Sold for $900,000
- 24 Dec 2013Sold for $550,000
- 12 Oct 2013Listed for Sale 1250000
Recent sales nearby
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0About Ayr 4807
The size of Ayr is approximately 29.1 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Ayr in 2016 was 8738 people. By 2021 the population was 8603 showing a population decline of 1.5% in the area during that time. The predominant age group in Ayr is 60-69 years. Households in Ayr are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ayr work in a labourer occupation.In 2021, 64.40% of the homes in Ayr were owner-occupied compared with 63.90% in 2016.
Ayr has 4,844 properties. Over the last 5 years, Houses in Ayr have seen a 101.60% increase in median value, while Units have seen a 46.45% increase. As at 31 March 2026:
- The median value for Houses in Ayr is $385,562 while the median value for Units is $313,749.
- Houses have a median rent of $420 while Units have a median rent of $325.
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