20 Lynagh St, Miles is a 4 bedroom, 5 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 758m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Miles is situated in the heart of the energy sector of the Surat Basin. The most diverse energy producing zone in Australia.
The Surat Basin has established projects producing a ripping local economy as well as some major projects just announced and approved to proceed. ( Please refer to IM upon request)
House availability is low, rentals are in high demand and will continue to be that way for some considerable time. Construction teams tend to live in camps. Operating and ancillary workers and their families require homes. This is where we are short in supply.
What am I buying ?
Restored Queenslander circa 2014
Very modern inside.
4 Bedrooms
5 Bathrooms ( 4 Ensuites)
Modern open plan kitchen flowing onto large living and dining area
Separate toilet and bathroom
Very large master bedroom
Timber floors in living areas
Carpet in bedrooms
Split system reverse Cycle aircon throughout
Hardiplank cladding
Very low maintenance. Very low out goings
The Financials
Offers over $310,000
Rental Appraisal $485/week at renewal
Vacancy Rate less than 1%
The size of Miles is approximately 437.8 square kilometres. It has 8 parks covering nearly 0.2% of total area. The population of Miles in 2016 was 1746 people. By 2021 the population was 1874 showing a population growth of 7.3% in the area during that time. The predominant age group in Miles is 10-19 years. Households in Miles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miles work in a trades occupation.In 2021, 47.00% of the homes in Miles were owner-occupied compared with 47.00% in 2016.
Miles has 1,305 properties. Over the last 5 years, Houses in Miles have seen a 128.22% increase in median value, while Units have seen a 99.55% increase. As at 31 December 2025:
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