5 Molinas St, Koumala is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1011m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Investors...this is great buying in today's market...list price of $260,000 and a guaranteed $440 per week rental income. Wow
The home currently is getting $260 per week and the council approved granny flat is getting $180, that's a combined income of $440 per week and a return of approximately 9% per annum. Both tenants would love to stay, or alternatively you could live in one and keep the other one rented...you get to choose.
'The HousenLowset Qlder which was relocated a few years ago, comprising 2 bedrooms, 1 bath and a open plan kitchen, dining and living room. There is the added bonus of an extra living or bedroom at the rear of the home. This area also has the laundry, bathroom and toilet. A double carport and a fenced allotment. The home also has solar hot water.
The size of Koumala is approximately 831.9 square kilometres. It has 8 parks covering nearly 17.1% of total area. The population of Koumala in 2016 was 831 people. By 2021 the population was 772 showing a population decline of 7.1% in the area during that time. The predominant age group in Koumala is 60-69 years. Households in Koumala are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koumala work in a machinery operators and drivers occupation.In 2021, 79.70% of the homes in Koumala were owner-occupied compared with 74.00% in 2016.
Koumala has 457 properties. Over the last 5 years, Houses in Koumala have seen a 79.69% increase in median value, while Units have seen a 85.33% increase. As at 31 March 2026:
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