249 Elphinstone StreetKoongal QLD 4701
Property Details for 249 Elphinstone St, Koongal
249 Elphinstone St, Koongal is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 807m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Unit sold in Koongal in the last 12 months.
Last Listing description (April 2025)
Don't miss this chance to secure a fantastic investment property in the sought-after suburb of Koongal. Situated on a generous 807m corner block (Elphinstone & Grimley Streets), this duplex offers dual income and strong rental potential, making it perfect for seasoned investors or those looking to start their portfolio.
Currently, Unit 1 is rented at $300 per week, with a rental appraisal of $320 per week "as is" for both units. Each unit is self-contained, providing privacy with separate yards and carports. Unit 1 features two generously sized bedrooms, a separate lounge, kitchen, and dining area, as well as a bathroom, internal laundry, and single carport. It also includes fly screens and air conditioning for added comfort. Unit 2 offers two spacious bedrooms, a lounge, a kitchen and dining area, a separate toilet, and a bathroom. It also boasts a large laundry with ample storage, a covered back deck, a private yard, a single carport, air conditioning, and ceiling fans.
Located in a prime area close to public transport, schools, shops, and essential amenities, this property is positioned to attract strong rental demand. Duplexes in this area are highly sought after, making this an unmissable opportunity to add to your portfolio.
- Rental Return of $640 per week in as is condition
- One Unit rented for $300 per week with long-term tenant
- One Unit vacant ready for renting or renovations to add value and rent for more.
- Air-conditioned living areas
- Lowset with only a few stairs
- Seperate Carports for both
Property History for 249 Elphinstone St, Koongal, QLD 4701
- 08 Mar 2025Sold for $495,000
- 29 Jan 2025Listed for Sale $495,000
- 16 Nov 2022Sold for $330,000
Recent sales nearby
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0About Koongal 4701
The size of Koongal is approximately 4.4 square kilometres. It has 8 parks covering nearly 16.8% of 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 2,074 properties. Over the last 5 years, Houses in Koongal have seen a 122.84% increase in median value, while Units have seen a 25.67% increase. As at 31 October 2025:
- The median value for Houses in Koongal is $496,325 while the median value for Units is $305,836.
- Houses have a median rent of $500 while Units have a median rent of $360.
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