Cambooya Ridge Estate Cambooya - PAIG
  • Sold

$369,000

Full Turn Key Fixed Price
  • Land Area 750 m2
  • Floor Area 156 m2

  • 3
  • 2
  • 2

Property Description

WHY INVEST AT TOOWOOMBA?

POPULATION

Toowoomba’s resident population is predicted by the Austrlian Bureau of Statistics to increase by 43% over the next 20 years to reach 301,000 in 2031.
 

ECONOMY
Regarded as the gateway to the rapidly expanding Surat Basin Region, Toowoomba is predicted to be one of Australia’s largest energy regions.
The city is on the verge of a development boom with $11 billion in major projects planned for the region

FAST FACTS

$180billion in major infrastructure projects - No1 in Australia

$11billion spend in Toowoomba Region to potentially create 10,000 jobs

New $100 million plus Regional Airport West-Brisbane airport in Wellcamp

$1.7 Billion Second Range Crossing road project

$4.7 Billion Inland Rail Project

QIC Shopping centre

$8.19billion Gross Regional Product

86 primary and secondary schools & 2 tertiary facilities 

43% expected population growth by 2031

Is Australia’s largest inland Regional City and is part of the fastest growing region of Australia South East Queensland.

Rated Australia’s Number One property investment hotspot by industry gurus John McGrath and Terry Ryder.

Rated as a top investment property location by several other industry leaders including Michael Matusik, Margaret Lomas and several property investment magazines.

Boasts the State’s Lowest Vacancy Rate and Highest Employment rate (2014) and continues to lead Regional QLD in both categories into 2015.

Is the Regional capital and central hub of the Surat Basin, which is one of the world’s richest gas and coal regions with several major coal projects and over 300,000 potential gas wells proposed and under development.

SOURCES: Toowoomba and Surat Basin Enterprise, Your Investment Property Magazine, Sydney Morning Herald and Hotspotting.com.au

 


Property Data

Strategy Type:

Existing Real Estate for Sale

Property Type:

House

Storey Type:

Single Storey

Estimated Rent:

$310 Per Week

Land Area:

750 m2

Land Reg. Date:

31-10-2018

Date Listed:

31-01-2019

Total Floor Area:

156 m2

Property Id:

2216

Yield Gross:

4.37 %

Build Contract Type:

Single Storey House

Contract Type:

Single

Deposit:

10%


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