101 Magpie Lane, Longreach, QLD 4730 sold on 16 December 2024 | OnTheHouse
SOLD
Sold on 16 Dec 2024 for $957,000

101 Magpie Lane
Longreach QLD 4730

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5m2
Land area: 2383m2
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Property Details for 101 Magpie Lane, Longreach

Building Type
Commercial
Floor Size
5m2
Land Size
2383m2
Local Government
Longreach Regional
Lot/Plan
2/RP894227

Last Listing description (June 2018)

These 8 motel units & 1 cabin situated on 562 square metres of freehold land in the heart of Longreach & adjacent to the Commercial Hotel, provide a great opportunity for an existing outback entrepreneur or a new player to purchase a significant accommodation provider. Perhaps one could utilise their established business or buy the Commercial Hotel to gather & process bookings or maybe the advent of Airbnb (subject to council laws) could assist an operator from home.

Property History for 101 Magpie Lane, Longreach, QLD 4730

A timeline of how this property has performed in the market
Last Sold
$957,000
16 Dec 2024
  • 16 Dec 2024
    Sold for $957,000
  • 14 Mar 2018
    Sold for $90,000
  • 14 Mar 2018
    Sold for $90,000
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About Longreach 4730

The size of Longreach is approximately 23494.5 square kilometres. It has 18 parks covering nearly 1.1% of total area. The population of Longreach in 2016 was 2970 people. By 2021 the population was 3124 showing a population growth of 5.2% in the area during that time. The predominant age group in Longreach is 50-59 years. Households in Longreach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longreach work in a managers occupation.In 2021, 53.10% of the homes in Longreach were owner-occupied compared with 52.60% in 2016.

Longreach has 1,979 properties. Over the last 5 years, Houses in Longreach have seen a 72.63% increase in median value, while Units have seen a 110.48% increase. As at 30 November 2025:

  • The median value for Houses in Longreach is $210,283 while the median value for Units is $231,984.
  • Houses have a median rent of $350 while Units have a median rent of $175.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Longreach on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Longreach.

Suburb Insights for Longreach 4730

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.