16-22 Forrest Street Chinchilla QLD 4413

5 / 2 / 2 / 8094 m2
For Rent
UNDER APPLICATION - $330 Per Week
First National Real Estate Chinchilla

Here you can find what you need to know about 16-22 Forrest Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Chinchilla, QLD and much more.

Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
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Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413
Property photo of 16-22 Forrest Street Chinchilla QLD 4413

Property Insights

16-22 Forrest Street Estimated Value

$249,000 - $292,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $250,000 on 06/04/2005

Sale Type: Normal Sale

Mortgage
Repayment
$210 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 5
Bathrooms 2
Car Spaces 2
Land Size 8094 m2
Floor Area 240 m2
House Type House: One Storey / Lowset
Council Area Western Downs Regional
Year Built 1920
Zone RURAL
Lot/Plan 13/RP14934 Chinchilla QLD
Property Type House

Last listing description (July 2020)

House + Sheds on 2 Acres - Industrial Zoned
OWNERS ADVISE SELL.... So we have priced it the SELL QUICKLY
Comfortable two story home, with 5 bedrooms, 2 bathrooms, 2 sheds on 2 acres.
Imagine relaxing here among the gums trees, enjoying the peace and quiet of acreage living.

The home is positioned at the rear of the property with a great elevation to capture the garden views.
This contemporary home features wide verandas and decking on the northern and eastern sides, which creates a fantastic area to entertain your guests or to just relax with your favourite book whilst enjoying the scenery.
Upstairs offers delightful living with garden views and 3 bedrooms. The kitchen and dining areas, open out onto the balcony.
Downstairs offers lounge/dining, 2 bedrooms, enclosed outdoor living area and separate bathroom with shower over spa bath.
Currently rented on a periodic lease. An inspection will require 24 hours notice to the tenants.

* 5 Generous Bedrooms
* 2 Bathrooms, 1 with a spa bath
* 2 living areas
* Galley kitchen with gas and a combustion stove
* Above ground salt chlorinated swimming pool
* 6 x 9 Colourbond shed, lined and carpeted currently used as an office, with A/C.
* 8 x 8m shed plus a carport on one side, 3 phase power and separate power meter.
* Positioned on 8094sqm and fully fenced
* Evaporative A/C, Wood Heater and Reverse Cycle A/C.

Call Warren Daniells 0427 468 591 to arrange an inspection.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.

Property Timeline

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Development Permits

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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State Auction Clearance Rates - July 2020

Auctions Clearance rate
QLD 76 47%
ACT 29 69%
NSW 299 64%
NT 2 100%
SA 28 61%
TAS 1 0%
VIC 243 65%
WA 9 33%

Suburb Insights

Chinchilla, QLD 4413

No data available Part of: Western Downs Council

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 16-22 Forrest Street, including the property sale history and estimated market value as well as insights into Forrest Street and Chinchilla 16-22 Forrest Street Chinchilla QLD 4413