277A Lakes Creek RoadKoongal QLD 4701
Property Details for 277a Lakes Creek Rd, Koongal
277a Lakes Creek Rd, Koongal is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 604m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (April 2020)
This 3 bedroom, single bathroom home offers a budget-priced opportunity for first home buyers, or a high yield for rental investors. It has a recently updated kitchen, extensive central living space, a fenced yard and a modern colourbond shed with power. The home currently has a long-term tenant paying $280pw and the shed rents for $80pw, representing almost 12% return on the asking price. The location is handy to schools, shopping and services.
-High-set 3 bedroom, 1 bathroom home at Koongal
-Extensive main living area with air conditioner and ceiling fan
-Ceiling fans in all bedrooms, air conditioner in main bedroom
-Concreted lower level with secure parking, laundry, storage space
-Modern 9m x 6m colourbond shed with power and high roof
-Level, fully fenced 604m2 corner block suitable for kids and pets
-House & shed rental of $360pw is 11.77% gross yield at asking price
-Easy access to primary schools, high school, shopping and services
-Would suit first home buyers, families, investors after high yield
Property History for 277a Lakes Creek Rd, Koongal, QLD 4701
- 23 Mar 2020Sold for $150,000
- 20 Aug 2018Listed for Sale $159,000 REDUCED
- 09 Nov 2017Listed for Sale $170,000 REDUCED
Recent sales nearby
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0About 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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