2/12 Faith StreetRangeville QLD 4350
Property Details for 2/12 Faith St, Rangeville
2/12 Faith St, Rangeville is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 648m2.
Last Listing description (November 2024)
12 Faith Street is a prime opportunity for those looking to capitalise on taking advantage of Toowoomba's tight vacancy rate by purchasing a duplex with no Body Corporate Fees. This incredible residential investment represents a rare opportunity to acquire a 3 bed and 2 bath duplex, as most are only 2 bed by 2 bath. The owner has maintained the property for the last 30 years and will move out upon settlement allowing you or a tenant to move straight in.
About the Property:
Unit One:
Rental Appraisal $500-520/week
3 bedrooms with ceiling fans
Improved kitchen
Improved bathroom with wheelchair friendly access
Living with Reverse-cycle air conditioning
Security screens and doors
Single Lock Up Garage
Enclosed patio with two-way storage (for accessibility scooter)
Exclusive use yard with 2 garden sheds
Unit Two:
Currently tenanted until February 2025 at $260/week - currently under market value, should be $380/week
2 bedrooms with ceiling fans
Living with Reverse-cycle air conditioning
Improved kitchen
Improved bathroom with wheelchair friendly access
Security screens and doors
Single Lock up garage and carport
Exclusive use yard with garden shed
Prominently positioned within a short drive to St Vincent's Hospital, CBD and the Range Shopping Centre, this duplex will always be high rental demand due to its convenient location.
Please note: photos have been virtually staged.
Property History for 2/12 Faith St, Rangeville, QLD 4350
- 07 Nov 2024Listed for Sale Overs Over $760k
Recent sales nearby
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About Rangeville 4350
The size of Rangeville is approximately 8.2 square kilometres. There are 25 parks, covering nearly 18.3% of the total area. The population of Rangeville in 2016 was 8312 people. By 2021 the population was 8668 showing a population growth of 4.3% in the area during that time. The predominant age group in Rangeville is 10-19 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation.In 2021, 70.60% of the homes in Rangeville were owner-occupied compared with 71.80% in 2016.
Rangeville has 4,162 properties. Over the last 5 years, Houses in Rangeville have seen a 82.67% increase in median value, while Units have seen a 122.01% increase. As at 30 April 2026:
- The median value for Houses in Rangeville is $1,029,591 while the median value for Units is $744,493.
- Houses have a median rent of $625 while Units have a median rent of $510.
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