3/6 Water StreetBundaberg South QLD 4670
Property Details for 3/6 Water St, Bundaberg South
3/6 Water St, Bundaberg South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
DUPLEX ARRANGEMENT - CHOICE OF BUYING 2 AS A PACKAGE OR JUST THE ONE!
A quality built lowset brick & colourbond construction, this being the two units side-by-side at the rear of the complex. A great opportunity to add a healthy yielding property to your portfolio.
Showcasing a very comfortable floor plan, consisting of an open plan living & dining space which the kitchen faces, two generous size bedrooms with built-ins and a bathroom that extends into the laundry area.
There is a single lock up garage with internal access into the residence, a nice covered alfresco area with screening at the front and a low maintenance concrete backyard with privacy fencing. The current tenants are long term paying $250 each per week and willing to remain in the properties. This investment providing a healthy 6.5% gross yield, with potential to increase the rents to reflect the current market value.
As centrally located as you can get, the convenience factor to the CBD is unquestionable for any resident who lives in this property.
We must let you know:
- Council rates approx $1417.79 per half year per unit
- Body corporate approx $648.50 per quarter per unit (this includes sinking fund contribution & building insurance for this lot)
- Public transport at the end of the street
- Minutes drive to many primary schools
Property History for 3/6 Water St, Bundaberg South, QLD 4670
- 12 Oct 2021Sold for $197,500
- 07 Jul 2021Listed for Sale Under Contract
- 19 Jun 2007Sold for $215,000
Recent sales nearby
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0About Bundaberg South 4670
The size of Bundaberg South is approximately 2.2 square kilometres. There are 10 parks, covering nearly 17.9% of the total area. The population of Bundaberg South in 2016 was 3307 people. By 2021 the population was 3494 showing a population growth of 5.6% in the area during that time. The predominant age group in Bundaberg South is 20-29 years. Households in Bundaberg South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundaberg South work in a labourer occupation.In 2021, 37.80% of the homes in Bundaberg South were owner-occupied compared with 38.40% in 2016.
Bundaberg South has 1,969 properties. Over the last 5 years, Houses in Bundaberg South have seen a 132.50% increase in median value, while Units have seen a 99.95% increase. As at 30 June 2026:
- The median value for Houses in Bundaberg South is $594,363 while the median value for Units is $465,283.
- Houses have a median rent of $580 while Units have a median rent of $425.
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