FOR SALE
Under Contract

104 Burbong Street
Chapel Hill QLD 4069

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 832m2
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Rare Opportunity - SPLITTER - 832sqm

Most of the hard work has been done - All you need to do is to finish the subdivision!
This elevated corner property has been in the seller's family for years.
The potential has started to be realised here with the development process well under way with Brisbane City Council.
Services have been connected to the 2 blocks (400sqm and 425sqm) and there is now only the last couple of steps required to be completed for plans to be sealed. (Subject to Council Approval)
As an astute buyer you will know it is rare to find a true splitter in Chapel Hill. This location is exceptional with city and uni buses across the street, Legacy Way access around the corner and an easy walk to parks, Indooroopilly State School and MetroWest Shops and Restaurants.
The sellers now hand this valuable slice of real estate over to a new family, a builder or entrepreneur to develop it to it's true potential.
Buyers are asked to submit offers by 5pm 7 November. ( unless sold prior)

Property Details for 104 Burbong St, Chapel Hill

Building Type
Land
Land Size
832m2

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About Chapel Hill 4069

The size of Chapel Hill is approximately 5 square kilometres. It has 22 parks covering nearly 12.6% of total area. The population of Chapel Hill in 2011 was 10,167 people. By 2016 the population was 10,106 showing a population decline of 0.6% in the area during that time. The predominant age group in Chapel Hill is 40-49 years. Households in Chapel Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chapel Hill work in a professional occupation. In 2011, 82.8% of the homes in Chapel Hill were owner-occupied compared with 83.4% in 2016.

Chapel Hill has 3,839 properties. Over the last 5 years, Houses in Chapel Hill have seen a 77.44% increase in median value, while Units have seen a 57.09% increase. As at 30 November 2024:

  • The median value for Houses in Chapel Hill is $1,509,718 while the median value for Units is $918,455.
  • Houses have a median rent of $820 while Units have a median rent of $370.
There are currently 30 properties listed for sale, and 9 properties listed for rent in Chapel hill on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Chapel hill.

Suburb Insights for Chapel Hill 4069

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Michelle McLeod
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McLeod Brisbane
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.