Estimated market value: $289,000
Notes: The property is currently advertised for sale as a dual income investment opportunity consisting of two units. This estimated market value is based on the current asking price. The median house price in Cloncurry over the last year ranges from approximately $217,500 to $225,000. [3, 4, 8, 9]
Type:
Unit (Dual occupancy - 2 units on one title)
Bedrooms:
4
Bathrooms:
2
Land (sqm):
1080
Car/Garage:
2 (separate carports for each unit)
Estimated weekly rent:
Estimated combined weekly rent of approximately $530 - $555 based on current asking price and advertised yield, and comparable unit rentals.
The property is marketed with a nearly 10% gross rental yield. Individual units at this address (e.g., 2/30 Alice Street) have estimated rental incomes around $265 per week. Median rent for units in Cloncurry is $310 per week, while houses are around $395 - $400 per week.
Rental vacancy rate:
0.61%
Council rate:
Not readily available online. Contact Cloncurry Shire Council for specific rates.
Water rate:
Not readily available online. Contact local water authority for specific rates.
Strata fee:
Not applicable (as it is likely a shared freehold for dual units) or Not readily available online if it is a strata title.
Home and content insurance price:
Requires individual quote based on property specifics and owner's chosen coverage.
LGA:
Cloncurry Shire Council
Zoning:
Residential
Bushfire:
No
Flood:
No
Heritage:
No
State Government:
Local Government:
The Cloncurry Shire Planning Scheme (commenced 15 February 2016) provides a framework for managing development in the Shire over the next 10 to 15 years. Specific future projects are not detailed in the provided information.
Cloncurry - Limited information available for specific public transport routes/stops. Primary transportation in Cloncurry is likely private vehicles.
Cloncurry is informally known as 'The Curry' and was recognized as Queensland's Friendliest Town in 2013 and 2018. The median time on market for houses in Cloncurry is approximately 104 days.
Last 12 months | $217,500 - $225,000
Annual capital growth of 2.27% for houses.
Median house price increase of 2% in the past 12 months.
Annual compound growth rate of 5.3% for houses.
Median sale price change (1yr) of 2.3% for houses.