8 Velution St, Goondi Hill is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 794m2 and floor size of 94m2.
Located on a 794 m2 corner allotment this duplex comprises 2 only three bedroom units. Because the duplex is located on a corner it allows one unit to take it's access off Velution Street, and the other unit off Mahogany Street giving each unit added privacy. The solid concrete construction makes for low maintenance and the kitchens, bathrooms, and laundries have all been recently renovated and the units are fully air-conditioned. The yard is fully fenced and each unit has a lock-up garage. A great investment with the units rented at $280 per week each.
The size of Goondi Hill is approximately 2.3 square kilometres. It has 9 parks covering nearly 32.6% of total area. The population of Goondi Hill in 2016 was 510 people. By 2021 the population was 437 showing a population decline of 14.3% in the area during that time. The predominant age group in Goondi Hill is 80-89 years. Households in Goondi Hill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Goondi Hill work in a labourer occupation.In 2021, 44.70% of the homes in Goondi Hill were owner-occupied compared with 43.20% in 2016.
Goondi Hill has 222 properties. Over the last 5 years, Houses in Goondi Hill have seen a 117.48% increase in median value, while Units have seen a 136.80% increase. As at 31 December 2025:
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