7/15 George StreetNambour QLD 4560
Property Details for 7/15 George St, Nambour
7/15 George St, Nambour is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1969. The property has a land size of 176m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (March 2021)
If you are looking for an affordable investment in an in-demand part of the Sunshine Coast, then these three 2 bedroom units should get your attention. Each unit generates $250 per week rental currently, and at this price represents outstanding value for the savvy investor.
Situated in a quiet part of Nambour, a short walk to Nambour State College, shopping, public transport and Nambour RSL, these units have appeal to tenants looking for simple low cost accommodation. All are on the first floor, providing views of an adjacent park.
They are in need of some tender love and care and if you have some handyman skills, it would not take much to bring them back to their former glory. The foundation is solid with brick and concrete construction.
Each unit has:
* Two bedrooms,
* Open plan lounge,
* Kitchen/dining,
* Seperate shower and toilet
* Sunroom, courtyard and single undercover carport.
This is an enticing prospect for either an individual with an eye for a solid investment or a Super Fund looking to diversify into residential investment property. Gross yield of 7% (based on list price). Body corporate fees for all three are only $2,048 per annum in total.
Contact Stephen today for more information or to arrange an inspection.
Property History for 7/15 George St, Nambour, QLD 4560
- 11 Jan 2021Sold for $540,000
- 01 Dec 2020Listed for Sale Offers Over $560,000
- 15 Apr 2002Sold for $150,000
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0About Nambour 4560
The size of Nambour is approximately 11.4 square kilometres. There are 31 parks, covering nearly 10.9% of the total area. The population of Nambour in 2016 was 11187 people. By 2021 the population was 12145 showing a population growth of 8.6% in the area during that time. The predominant age group in Nambour is 30-39 years. Households in Nambour are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nambour work in a trades occupation.In 2021, 57.40% of the homes in Nambour were owner-occupied compared with 54.40% in 2016.
Nambour has 6,656 properties. Over the last 5 years, Houses in Nambour have seen a 85.62% increase in median value, while Units have seen a 110.62% increase. As at 30 April 2026:
- The median value for Houses in Nambour is $948,385 while the median value for Units is $711,887.
- Houses have a median rent of $670 while Units have a median rent of $530.
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