196 Cambridge StreetGranville QLD 4650
Property Details for 196 Cambridge St, Granville
196 Cambridge St, Granville is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1982. The property has a land size of 600m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (June 2018)
As The Old Saying Goes
Good old bricks and mortar has always been a favourite saying when it comes to investment. There is nothing as safe as houses, they say or in this instance a block of 3 units. This is where a solid investment opportunity is waiting for you. The owner wants to liquidate to move on to other opportunities, bring me an offer, I hear them say. So this could be the break you have been looking for to get yourself into the property market. Think about what we have to offer. 3 lowset, 2 bedroom units all in the one complex with no body corporate fees which helps to keep this an affordable investment.
These brick units are all tenanted with a great combined rental weekly return of $525 with the potential for a greater return as you refurbish the units. Yes these units are a little bit dated but it wouldn't take much to freshen them up and give them a make over. This could be your week-end project, something to work on and see the improvements and watch the potential for further growth.
Each unit has its own carport and own little backyard patch. In a great location with public transport on your doorstep and close to all amenities that Granville has to offer with parkland, schools, kindy etc, service station, tavern and approval for a new IGA shopping complex. Location is a popular one.
Property History for 196 Cambridge St, Granville, QLD 4650
- 11 Nov 2022Sold for $449,000
- 25 Jan 2018Sold for $305,000
- 04 Mar 2016Listed for Sale $329,000
Recent sales nearby
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About Granville 4650
The size of Granville is approximately 11.8 square kilometres. There are 6 parks, covering nearly 2.7% of the total area. The population of Granville in 2016 was 2716 people. By 2021 the population was 2532 showing a population decline of 6.8% in the area during that time. The predominant age group in Granville is 60-69 years. Households in Granville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Granville work in a community and personal service occupation.In 2021, 69.10% of the homes in Granville were owner-occupied compared with 63.70% in 2016.
Granville has 1,348 properties. Over the last 5 years, Houses in Granville have seen a 125.00% increase in median value, while Units have seen a 100.84% increase. As at 30 June 2026:
- The median value for Houses in Granville is $587,130 while the median value for Units is $409,229.
- Houses have a median rent of $550 while Units have a median rent of $348.
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