Two-building house - Boonah, QUEENSLAND - AUD 799,999
REF: AU001Description
Dual Key property in Boonah, QLDIdeal for both investors and those looking for their own place to live. Attractive rental yield, low vacancy rate and the benefits of a prime location.Details:Specification: 3 + 1 bedrooms, 2 + 1 bathrooms, 1 + 1 parking space Package price: AUD 799,999 Expected Rent: AUD 910-940/week Estimated Rate of Return: 6.11% Land Status: Registered Plot Area: 640 m² Building area: 168 m² Market indicators: Median house price: AUD 667,000 Median rent (per unit): AUD 495 per week Vacancy rate (December 2024): 0.24% Average rate of return: 4.5%Why invest in Boonah📍 Boonah’s prime location, located in Queensland’s scenic Scenic Rim region, offers a booming property market, potential for appreciation and attractive rental yields – all of which make it a place worth considering for investment🏘 An intimate communityThe charming town of Boonah is surrounded by UNESCO World Heritage Sites. Rich in nature, with a preserved historic “high street,” it offers atmospheric stores, friendly residents and a burgeoning local arts scene🎓 Educational facilitiesBoonah offers primary and secondary schools, including: Boonah State School (elementary school) All Saints’ School (Catholic elementary school) Boonah State High School (high school)🏗 Infrastructure developmentThe 2024-2025 Scenic Rim Regional Council budget allocates AUD 242,688 for the construction of a sidewalk along Church Street. At the same time, the Queensland government has invested AUD 1.47 million in downtown revitalization (total budget of AUD 3.02 million). In addition, the Boonah Hospital will undergo upgrades as part of the Rural Health Services Development Program.👨👩👧👦 Population growthBoonah has apopulationof 2,487, of which 22.02% are rental properties. The median house price is AUD 689,000, an increase of 8.16% in the last year and 16.77% in two years.Terms of purchase:Submission of EOI (Expression of Interest) – down payment amount will be confirmed upon submission of LOE (License on Enquiry) form required upon submission of EOI Attachment of driver’s license required upon submission of EOIInformation is available upon request for interested buyers:
- Property marketing brochure
- Floor plan
- Estimated rental valuation
- List of finishing standards
- Visualization of the facade
- Estate plan
- Location within the development
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