20 China StreetMundingburra QLD 4812
Property Details for 20 China St, Mundingburra
20 China St, Mundingburra is a 0 bedroom, 0 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 498m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
Under Contract By Sean LubbeFully occupied and ready for the new owner. Both of these units have open living, dining and kitchen areas. Both kitchens have been upgraded with feature splash back tiles, beautiful bench tops and upgraded appliances. Live spaciously with 2 large bedrooms for supreme comfort and enjoy that bathroom that have been designed for plenty of shower space and a separate toilet space. Featuring separately fenced yard space with the laundry boasting a hills hoist and covered car parks are included for secure parking for both tenants. The local supermarkets, private schools and the Ross River all within a short walking distance is a great driver to strong accommodation demand. This property has always had great demand from prospective tenants eager to be situated right in this immediate area and our one tenant has resided in 20 China Street since 2006. If that's not an indicator in great value and location, then the appreciation in property values in this pocket definitely is. Your tenants have the ability to enjoy all of life's pleasures right here. The owners are now looking at selling their assets after enjoying long term success of investments all over Townsville. Unit 1 is achieving $265/weekly in periodic return and the tenant has occupied this property since 2006 and lives in comfort while the landlords enjoy her stay.Unit 2 is achieving $230/weekly in fixed rent return and currently pending a rent increase this home certainly deserves. The tenant wishes to reside here for the foreseeable future. Be Quick! The real numbers stack up well for cash flow and capital growth, we are receiving investment interest locally and out of state, if you wish to secure this purchase before it's too late, contact Sean 0448 448 163 now!* 2 spacious bedrooms in both units* Suitable bathrooms with large shower spaces in both units* Open living, dining and kitchen areas in both units* Upgraded kitchen with stunning bench tops, cabinetry and upgraded appliances* Carports and secure parking for both units.* Private yard for both units.* Walking distance to great schools, Ross River walking paths and local supermarkets.* A strategic plan in place for the future purchaser to maximise their investment during ownership and a possible future exit. Be Quick! This is a great opportunity to secure, enquire now and secure your future with Sean on 0448 448 163!
Property History for 20 China St, Mundingburra, QLD 4812
- 11 Aug 2021Sold for $345,000
- 10 Nov 2020Listed for Sale $399,000 Returning 495/Week
- 27 Mar 2011Listed for Rent - Price not available
Recent sales nearby
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About Mundingburra 4812
The size of Mundingburra is approximately 2.5 square kilometres. There are 5 parks, covering nearly 22.5% of the total area. The population of Mundingburra in 2016 was 3620 people. By 2021 the population was 3594 showing a population decline of 0.7% in the area during that time. The predominant age group in Mundingburra is 10-19 years. Households in Mundingburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundingburra work in a professional occupation.In 2021, 61.10% of the homes in Mundingburra were owner-occupied compared with 58.80% in 2016.
Mundingburra has 1,729 properties. Over the last 5 years, Houses in Mundingburra have seen a 108.31% increase in median value, while Units have seen a 103.60% increase. As at 31 July 2026:
- The median value for Houses in Mundingburra is $686,911 while the median value for Units is $429,580.
- Houses have a median rent of $540 while Units have a median rent of $450.
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