Data last updated: 13 Jun 2025
Estimated market value: Approximately $385,000 - $390,000 (Based on current asking price for this 4-bedroom duplex and median 4-bedroom house prices in Biloela)
Notes: The property is currently listed for sale at offers over $390,000. Median sold prices for 4-bedroom houses in Biloela were $385,000 from May 2024 - May 2025. The residential market in Biloela experienced a moderate decrease in overall median value for residential land since 2021, according to Banana Shire LGA valuation overviews.
2022 - Price not publicly available
Type:
Duplex/Semi-detached (2 x 2 bedroom highset units)
Bedrooms:
4
Bathrooms:
2
Land (sqm):
688
Car/Garage:
4 carport spaces
Estimated weekly rent:
$600/week (collectively)
The property currently has a lease in place until October 2025, returning $600 per week collectively. The median rent for houses in Biloela is stated as $350 per week with an annual rental yield of 7.8% (for houses).
Rental vacancy rate:
2.4% (for rental houses in Biloela)
Council rate:
$3283/half year (gross amount)
Water rate:
Variable based on access charge and consumption (e.g., 2024-2025 Biloela Tier 1: $2.10/KL up to 600KL, Tier 2: $2.54/KL >600KL, plus access charge $733.05/year)
Strata fee:
N/A (Property is a duplex, likely on a single title with shared maintenance costs rather than a formal strata scheme. Buyers should clarify title and shared expenses.)
Home and content insurance price:
Varies significantly based on insurer, coverage, and individual property characteristics. A specific quote cannot be provided without further details.
LGA:
Banana Shire Council
Zoning:
Residential land use
Bushfire:
Not detected
Flood:
Not detected
Heritage:
Not detected
State Government:
Queensland's plans to reduce reliance on fossil fuels, focusing on a renewable energy 'super grid' through wind, solar, and hydrogen generators.
13 major renewable energy projects are in the pipeline across Banana Shire (one committed, 12 unconfirmed), with potential for 100-200 construction jobs per site.
Identification of opportunities in the region for energy transformation through the Regional Energy Zone program.
Local Government:
New splash park and playground in Biloela (Banana Shire Council received $2,702,500).
Development of Biloela, Taroom and Moura Industrial Estate.
Upgrade of Thangool Airport.
Construction activity driven by consistent population growth and activity from mining, resource, and agricultural sectors.
Biloela - Regional public transport networks connect Biloela to Gladstone and Rockhampton.
Biloela is located in the Banana Region of Queensland. The property market has seen recent growth, though the overall median value for residential land in Biloela has decreased since 2021. It is a buyers' market with supply outweighing demand. [6, 15, 27, 34, 42]
Last 12 months (overall houses) | $345,000
May 2024 - May 2025 (4 bed houses) | $385,000
Houses: Up 11.3% (Realestate.com.au)
Houses: Up 7.98% (YIP)
4 bed houses: Up 10.8% (Realestate.com.au)