1 Targo Street, Bundaberg Central, QLD 4670 | Property Value & History | OnTheHouse
 
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1 Targo Street
Bundaberg Central QLD 4670

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
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Last updated 1 Dec 2025
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Property Details for 1 Targo St, Bundaberg Central

1 Targo St, Bundaberg Central is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 1996.

Building Type
Unit
Local Government
Bundaberg Regional
Lot/Plan
1/RP220

Last Listing description (December 2025)

Smart Investment Fully-Leased 4-Unit Complex

Looking for a turnkey investment with strong rental returns in a popular Bundaberg South location? This neat 4-unit complex is fully leased and ready to provide a steady income stream from day one.

Each unit is designed for comfortable, low-maintenance living:
- 2 bedrooms, 1 bathroom

- Single lock-up garage
- Air-conditioning in main living areas and ceiling fans throughout
- Practical kitchens with electric cooking

With current leases ranging from $300$350 per week (rent increases due, awaiting new owner decision), this property generates an estimated annual rental income of $66,560, delivering a gross yield of 5.0% on a purchase price of $1,250,000.

No strata title means you have full control over the property, giving you flexibility and peace of mind.

Why Bundaberg South?

This family-friendly suburb is close to schools, shops, and the CBD, offering tenants both convenience and lifestyle. Its strong rental demand ensures your investment remains secure and attractive to tenants for years to come.

Whether you're a seasoned investor looking to grow your portfolio or exploring a solid first investment, this property is a rare find that combines income, simplicity, and potential.

Contact Sharon Golding today for more information or to arrange an inspection.

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.

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Property History for 1 Targo St, Bundaberg Central, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$295,000
18 Apr 1996
  • 05 Dec 2025
    Listed for Sale Offers Over $1,250,000
  • 01 Jul 2020
    Listed for Rent $295
  • 22 May 2020
    Listed for Sale $550,000
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About Bundaberg Central 4670

The size of Bundaberg Central is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Bundaberg Central in 2016 was 316 people. By 2021 the population was 162 showing a population decline of 48.7% in the area during that time. The predominant age group in Bundaberg Central is 20-29 years. Households in Bundaberg Central are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bundaberg Central work in a labourer occupation.In 2021, 25.00% of the homes in Bundaberg Central were owner-occupied compared with 30.00% in 2016.

Bundaberg Central has 504 properties. Over the last 5 years, Houses in Bundaberg Central have seen a 133.80% increase in median value, while Units have seen a 137.06% increase. As at 30 November 2025:

  • The median value for Houses in Bundaberg Central is $485,369 while the median value for Units is $443,876.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Bundaberg central on OnTheHouse. According to Cotality's data, 27 properties were sold in the past 12 months in Bundaberg central.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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