5 Porter Street Tara QLD 4421

2 / 1 / 1 / 809 m2

Here you can find what you need to know about 5 Porter 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 Tara, QLD and much more.

Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421
Property photo of 5 Porter Street Tara QLD 4421

Property Insights

5 Porter Street Estimated Value

$108,000 - $132,000

Note: In a recent product update, Property Value has introduced some changes to the valuation model in which the Estimated Value is generated. This model reflects improvements to the underlying data following a major investment in additional data sources and improvements in the overall scope of CoreLogic data assets. This new model has since affected a property's previous Estimated Value and Estimated Values given prior to the product update may no longer be comparable due to the differing model methodology.

How do we calculate the Estimated Value?
Estimated Values or Automated Value Models (AVMs) are calculated using many different types of property and local market data. No one piece of information or factor alone will determine a property's value. Instead, CoreLogic AVMs use a broad range of data elements, including:
  • Property identifying information including address and/or assessor's parcel number and owner name
  • Prior sales of the property
  • Living area/square metres floor space
  • Year built
  • Number of bedrooms
  • Number of bathrooms
  • Lot size
  • Public record information collected from state and council records, such as deed transfers
  • Recent sales and listings of similar properties in the local market area
  • Area pricing trends
High confidence estimate
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Last sold for $72,750 on 31/08/2005

Sale Type: Normal Sale

Mortgage
Repayment
$93 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
Medium confidence
Gross
Cashflow
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
Example Only
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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

Example Only
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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 2
Bathrooms 1
Car Spaces 1
Land Size 809 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Western Downs Regional
Year Built n/a
Zone URBAN
Lot/Plan 12/T56412 Tara QLD
Property Type House

Last listing description (March 2020)

Neat As A Pin
Phone Enquiry ID: 30821


This could be just what youve been waiting for that tree change , a chance for the first home buyer or an opportunity to tap into the rental market.

The property consists of a neat and tidy two bedroom house situated on an 809 square metre level block located within the town of Tara on the Western Darling Downs. The yard is fully fenced with colourbond extending back and sides with other fencing across the front of the property making it safe for both children and pets. The house has recently been painted inside and out, is on concrete stumps, both bedrooms have air conditioning, the bathroom consists of shower over bath and vanity basin whilst the toilet is separate.

The kitchen is located on the north eastern side of the house which offers warm, sunny mornings however the kitchen cupboards are in need of some TLC. The house features a covered entertainment area out the back, downstairs laundry, poly 10,000 litre rainwater tank, satellite dish on the roof, gas is available for either heating or cooking, landline access for both internet and phone, garden shed and car shed for 1 car parking with several more able to be accommodated within the long driveway. The closest school is a short 450 metre walk away and hosts Prep through to Senior years. There is a kindergarten at the end of the street.

The Western Downs Regional Council proudly boasts that this region is to become the energy capital of Australia with the approval of multiple solar farms presently being constructed within the region and work is available locally. Taras nearest major airport is located at Toowoomba only two hours away, Brisbane and the Gold Coast are only 4 hours away.

Call me today to discuss this property further or to arrange an appointment for an inspection. Further pictures of this well maintained property are available on request.

Property Timeline

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State Auction Clearance Rates - March 2020

Auctions Clearance rate
QLD 282 21%
ACT 80 45%
NSW 1249 39%
NT 5 20%
SA 97 23%
TAS 2 0%
VIC 1435 37%
WA 29 24%

Suburb Insights

Tara, QLD 4421

No data available Part of: Western Downs Council

Get neighbourhood info and insights with our Suburb Profile

View Tara Suburb Profile View properties in Tara

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 5 Porter Street, including the property sale history and estimated market value as well as insights into Porter Street and Tara 5 Porter Street Tara QLD 4421