2/23 Covington Street, Chinchilla, QLD 4413 | Property Value & History | OnTheHouse
OFF MARKET

2/23 Covington Street
Chinchilla QLD 4413

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1191m2
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Last updated 4 May 2026
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Property Details for 2/23 Covington St, Chinchilla

2/23 Covington St, Chinchilla is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1191m2.

Building Type
Unit
Land Size
1191m2
Local Government
Western Downs Regional

Last Listing description (January 2026)

This 2 x 2-bedroom brick unit complex on one title has just become available for sale. These tidy, low maintenance units are situated in a quiet street only a short walk to the high school, TAFE and show grounds. They present a fantastic opportunity for the first time investor or homeowner to take advantage by living in Unit 1 and gain the extra income by renting Unit 2. With council approval there could be the opportunity to build further units on the rear of the large 1,191m2 loamy block. Both units have tenants in place on fixed agreements.

Features of these units include:
* Tidy kitchen with ample bench and cupboard space

* Open combined dining and lounge area with air conditioning
* 2 bedrooms with ceiling fans - Unit 1 has built in cupboards
* Bathroom includes shower, vanity and linen cupboard
* Undercover car parking for each unit
* Good size laundry
* Concreted patios for outdoor living
* Security screens throughout
* Fully fenced private back yard each with garden shed

Lease details as at June 2025
Unit 1 - Fixed Term tenancy until 24/07/25 at $290.00 per week
Unit 2 - Tenancy at $290.00 with an increase to $320.00 per week from 26/07/2025 for a 12 month lease

Contact the agent Warren Barker on 0429 893 099 for further information or to arrange your inspection of these well-maintained units. A minimum of 48 hours' notice is required to inspect.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.

Property History for 2/23 Covington St, Chinchilla, QLD 4413

A timeline of how this property has performed in the market
Listed for Rent
$250/w
19 Jan 2023
  • 23 Jun 2025
    Listed for Sale Offers Over $485,000
  • 19 Dec 2022
    Listed for Rent - Price not available
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About Chinchilla 4413

The size of Chinchilla is approximately 72.1 square kilometres. It has 16 parks covering nearly 1.2% of total area. The population of Chinchilla in 2016 was 6612 people. By 2021 the population was 7068 showing a population growth of 6.9% in the area during that time. The predominant age group in Chinchilla is 0-9 years. Households in Chinchilla are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chinchilla work in a trades occupation.In 2021, 53.70% of the homes in Chinchilla were owner-occupied compared with 50.60% in 2016.

Chinchilla has 4,005 properties. Over the last 5 years, Houses in Chinchilla have seen a 136.38% increase in median value, while Units have seen a 99.05% increase. As at 30 April 2026:

  • The median value for Houses in Chinchilla is $540,035 while the median value for Units is $368,853.
  • Houses have a median rent of $535 while Units have a median rent of $420.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Chinchilla on OnTheHouse. According to Cotality's data, 279 properties were sold in the past 12 months in Chinchilla.

Suburb Insights for Chinchilla 4413

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Cotality Copyright and Legal Disclaimers about Property Data
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.