Current Market Valuation
Estimated market value: $687,000
Notes: The estimated property value is based on comparable sales, past sales, and available property data. The property value has increased by 1.1% in the last month and 127.8% since it last sold in 2019. Domain estimates the property to be worth around $660,000, with a range from $570,000 to $750,000.
Purchase History
January 23, 2019 - $305,000
April 15, 2009 - $299,000
November 18, 2004 - $240,000
September 28, 2003 - $172,500
June 10, 2001 - $77,500
1994 - $145,000
1988 - $38,000
Property Details
Type:
House
Bedrooms:
3
Bathrooms:
1
Land (sqm):
1353
Car/Garage:
1 car space, with an additional carport and a separate double door lockup garage or workshop.
Estimated weekly rent:
$565 per week
High confidence estimate with a low range of $520pw and a high range of $605pw. The estimated rental yield is 4.2%. Bundamba's average rental yield is 4.4%.
Rental vacancy rate:
2.1% (as of November 2024 for houses in Bundamba).
Council rate:
Approx. $350 per quarter (based on similar properties in Bundamba).
Water rate:
Approx. $300 per quarter (dependent on water usage, based on similar properties in Bundamba).
Strata fee:
N/A - House
Home and content insurance price:
Not available
Zoning Information
LGA:
Ipswich City Council
Zoning:
Residential - potential for medium density housing.
Bushfire:
No bushfire overlays detected.
Flood:
No flood overlays detected.
Heritage:
No heritage overlays detected.
Potential Developments in the Area
State Government:
Local Government:
Medium density housing up to five storeys is proposed near Bundamba Railway station, at Carberry Street and Braeside Road, Bundamba.
Citiswich Estate, a premium industrial estate just east of Ipswich, is bringing industrial development to the area.
Bergins Rise, a family-oriented estate, is also in the area.
Ripley Town Centre is developing as a Major Regional Activity Centre with medium and high-density residential precincts.
Features
Location 22 Braeside Road, Bundamba QLD, Australia
What's Nearby
Education
Transportation
Bundamba Train Station - Train
Braeside Road near Tibbits Street - Bus Stop
Suburb Performance
Median Price History
Bundamba has shown consistent long-term growth, with the median house price increasing from $212,250 in 2006 to $586,000 in 2024. The suburb experienced significant growth spurts, particularly in 2021 (15.4%) and 2022 (25.0%). The median house price in Bundamba over the last year ranges from $633,500 to $655,000.
2024 | $586,000
2006 | $212,250
12-Month Growth Insight
Annual Growth Rate (2024) for houses: 14.9%.
Median sale price for houses in Bundamba went up 8.26% in the last 12 months.
Annual compound growth rate of 18.4% for houses.
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