96 Philip Street, Sun Valley, QLD 4680 sold on 23 May 2025 | OnTheHouse
 
SOLD
Sold on 23 May 2025 for $1,140,000

96 Philip Street
Sun Valley QLD 4680

Bedrooms: 11
Bathrooms: 5
Car spaces: 5
Land area: 1229m2
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Property Details for 96 Philip St, Sun Valley

96 Philip St, Sun Valley is a 11 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1229m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 11 bedroom BlockOfUnits sold in Sun Valley in the last 12 months.

Building Type
BlockOfUnits
Land Size
1229m2

Last Listing description (May 2025)

Discover a prime investment gem at 1 to 5/96 Philip Street, Sun Valley, Queensland-an exclusive block of 5 units poised for impressive cash flow and growth! Spanning a generous 1,229 square metres, this property boasts 11 bedrooms and 5 modern bathrooms, making it an investor's paradise.

Why Invest Here? Located in the bustling heart of Gladstone, this unique ensemble features 4 two-bedroom units and a spacious three-bedroom unit, all within walking distance of shops, schools, and the prestigious Gladstone Golf Club. With the construction market booming, the value of replicating this property is soaring. Acquiring these 5 units under one title eliminates excessive body corporate fees, simplifying your management and boosting your bottom line.

Outstanding Returns! Investors can look forward to solid capital gains fueled by a blue-chip location and thriving market conditions. Current rental income stands at approximately $1,545 per week, translating to a fantastic 7.8% gross (approx) rental return! Potential market rent will be approx $1,650 to $1,700 per week from June 2025

Recent Upgrades:
- New roofs on Units 1-4.
- Light renovations in Units 1 & 2.

Don't Miss Out! This strategically located investment not only promises immediate cash flow but also long-term appreciation. Take action now and unlock the potential of this income-generating asset in a rising market!

Rent Overview:
UNIT 1 - Currently Tenanted. Lease End 03.10.2025 @ $280 per week / from 09.02.2025 @ $320 per week. Last known Rental Increase 09.02.2024 @ $280 per week - PICTURED
UNIT 2 - Currently Tenanted. Lease End 04.05.2026 @ $335 per week. Last known Rental Increase 26.04.2024 @ $300 per week - PICTURED
UNIT 3 - Currently Tenanted. Lease End 30.04.2026 @ $335 per week. Last known Rental Increase 01.05.2024
UNIT 4 - Currently Tenanted. Lease End 11.06.2025 @ $320 per week. Last known Rental Increase 12.06.2024
UNIT 5 - Currently Tenanted. Lease End 30.06.2025 @ $1455.65 per month. Last known Rental Increase 01.06.2024

* Council Rates approx $14,000 per year excluding water
* Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 96 Philip St, Sun Valley, QLD 4680

A timeline of how this property has performed in the market
Last Sold
$1,140,000
23 May 2025
Listed for Rent
$220/w
28 Apr 2015
  • 29 Apr 2025
    Sold for $1,140,000
  • 17 Sep 2024
    Listed for Sale UNDER CONTRACT
  • 08 Aug 2020
    Sold for $425,000
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About Sun Valley 4680

The size of Sun Valley is approximately 1.1 square kilometres. It has 4 parks covering nearly 21.8% of total area. The population of Sun Valley in 2016 was 1270 people. By 2021 the population was 1296 showing a population growth of 2.0% in the area during that time. The predominant age group in Sun Valley is 40-49 years. Households in Sun Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sun Valley work in a trades occupation.In 2021, 68.60% of the homes in Sun Valley were owner-occupied compared with 71.00% in 2016.

Sun Valley has 588 properties. Over the last 5 years, Houses in Sun Valley have seen a 124.48% increase in median value, while Units have seen a 83.07% increase. As at 30 November 2025:

  • The median value for Houses in Sun Valley is $522,943 while the median value for Units is $257,230.
  • Houses have a median rent of $498.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Sun valley on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Sun valley.

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Bevan Rose
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Aimee Jeffery
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Elders Real Estate Gladstone and Tannum Sands
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