Back 38 Shelby Street
Off Market

38 Shelby Street

Glenvale QLD 4350

4
2
2
535 m²
House
Last sold for $903,000
Ginta BarhamGinta Barham, last sold this property on 30 March 2026 after 18 days on market.

Overview

Strategic Investment Opportunity in Growing Glenvale - Secure Income & Future Upside

Positioned in a quiet and convenient pocket of Glenvale, this spacious and well-maintained home at 38 Shelby Street presents an outstanding opportunity for savvy investors seeking long-term growth. Set on a large 535m2 block with a welcoming east-facing entrance, the home offers 211m² under roof and features a well-designed floorplan with multiple living spaces, providing flexibility and comfort for modern living. A standout feature of this property is the quality tenants already in place, with a secure tenancy agreement through to January 2027 and current rental return of $600/week, allowing investors to enjoy immediate rental income and long-term stability. Adding even greater appeal is the property's proximity to the proposed Glenvale Town Centre, which will be within walking distance. This major development is set to enhance local amenities, convenience, and overall desirability of the area, further strengthening the property's future value and investment potential. Key Features: • Great size block in a growing Glenvale location • East-facing entrance • Approximately 211m² under roof, featuring multiple living areas with a practical layout • Excellent tenants in place until January 2027 • Walking distance to the future Glenvale Town Centre development • Fantastic set-and-forget investment opportunity With strong tenancy, generous proportions, and exciting future development nearby, this property represents a smart addition to any investment portfolio. Rates Approximately $1,291.58 per half year Water Access Rates Approximately $377.41 per half year

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
535 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Glenvale over the last 12 months, the estimated median property value of 38 Shelby Street is $785k.

Median value
$785k
Estimated value range
$300k - $1.5m
Median days on market
29
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glenvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Shelby Street

2026
Sold
$903,000
30 Mar 2026 by Ginta Barham, of Ray White Toowoomba
2018
Rented
Undisclosed
Leased on 04 Jun 2018 by Inside Property Sales
2017
Rented
Undisclosed
Leased on 24 Oct 2017 by Inside Property Sales

Happy sellers in Glenvale

93%
93% of sellers in Glenvale reported that their sale price either exceeded or met their price expectations.

Glenvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Glenvale over the last 12 months.

Local market activity for 4 bedroom houses in Glenvale

In the last 12 months, 62 four-bedroom houses similar to 38 Shelby Street, have been sold.

This represents a 16% increase in four-bedroom houses sales when compared to the previous 12 months.

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