98 Crane StreetLongreach QLD 4730
Property Details for Lot 1/98 Crane St, Longreach
Lot 1/98 Crane St, Longreach is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (September 2020)
These Four established units, offering an excellent return, are presented to the Longreach Property Market today. Currently fully tenanted with a history of low vacancies, superb location, these units are crying our for that astute investor to take notice.
Situated an easy walking distance to town, on a 1214m2 block, there are four two-bedroom units. Each unit has two bedrooms, complete with built-in wardrobes, open plan kitchen/dining/lounge area, serviced by evaporative air conditioning. All on adjustable steel stumps, electric hot water systems, low maintenance external wall cladding shows the current owners' commitment to ease of long term maintenance.
The block itself presented beautifully, with an established irrigation system servicing the lawns, a concreted driveway through the full length of the block provides both laneway access as well as easy access from the street. Two double carports allow easy vehicle storage for each unit, covered car storage being an attractive addition in the Longreach rental market.
With the Longreach rentals market currently low on vacancies, now is the time to secure your place with this proven investment. Fully tenanted offering a 10.2% gross return, take the time to give Matthew a call and book an inspection. Contact on 0428 509 449 or 4658 1122
Property History for Lot 1/98 Crane St, Longreach, QLD 4730
- 01 Dec 2022Sold for $1,000,000
- 15 Jul 2020Sold for $335,000
- 01 Nov 2019Listed for Sale $390000
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0About Longreach 4730
The size of Longreach is approximately 23494.5 square kilometres. There are 18 parks, covering nearly 1.1% of the 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 1,998 properties. Over the last 5 years, Houses in Longreach have seen a 71.87% increase in median value, while Units have seen a 352.63% increase. As at 31 July 2026:
- The median value for Houses in Longreach is $300,003 while the median value for Units is $922,282.
- Houses have a median rent of $375 while Units have a median rent of $220.
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