Property Details for 1/100 Rustic St, Koongal
1/100 Rustic St, Koongal is a 6 bedroom, 3 bathroom House with 3 parking spaces.
Last Listing description (May 2026)
Strong returns 6.84% gross, multiple incomes, low maintenance
Positioned on a generous 910m² corner block, this solid lowset brick triplex presents a rare opportunity to secure a high-performing, set-and-forget investment with excellent fundamentals.
All three units have been fully upgraded, featuring modern stone benchtop kitchens, renovated bathrooms, fresh paint, and updated flooring throughout, meaning there's nothing left to do but collect the income.
Each unit offers:
+ 2 well-sized bedrooms with built-in wardrobes
+ Fully Air conditioned throughout, complemented by ceiling fans
+ Functional layout with separate external laundries with storage
+ Dedicated carport for each tenancy
Currently returning $1,250 per week with scope to increase to $1,350 per week, and with no body corporate fees, this is a set-and-forget investment with strong cash flow and future upside.
The property is currently tenanted with quality occupants in place, providing immediate income and peace of mind for the incoming owner.
Whether you're looking to expand your portfolio or secure a stable, low-maintenance asset, opportunities like this are hard to find particularly with the added benefit of a large landholding and proven rental performance.
Contact Lachie Mulholland today for further information.
Property History for 1/100 Rustic St, Koongal, QLD 4701
- 26 May 2026Sold for $950,000
- 18 Apr 2026Listed for Sale Price Guide $960,000 - $980,000
- 11 Dec 2019Listed for Rent $200
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About Koongal 4701
The size of Koongal is approximately 4.4 square kilometres. There are 8 parks, covering nearly 16.8% of the total area. The population of Koongal in 2016 was 4286 people. By 2021 the population was 4252 showing a population decline of 0.8% in the area during that time. The predominant age group in Koongal is 30-39 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation.In 2021, 61.10% of the homes in Koongal were owner-occupied compared with 59.80% in 2016.
Koongal has 2,077 properties. Over the last 5 years, Houses in Koongal have seen a 124.08% increase in median value, while Units have seen a 120.34% increase. As at 31 May 2026:
- The median value for Houses in Koongal is $550,396 while the median value for Units is $342,180.
- Houses have a median rent of $510 while Units have a median rent of $410.
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