FOR SALE
Sale by Negotiation

481 Waterford Road
Ellen Grove QLD 4078

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10775m2
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Blue Chip Site - 108ha - Corner Block with 2 Frontages

Representing an exciting opportunity for the investor, developer or owner occupier to acquire this unique land offering, 481 Waterton Road is situated in one of South-West Brisbane's rapidly expanding regions, 25 km to City CBD. The property is in immediate proximity to Forest Lakes retail and commercial core, public transport and recreational amenities.
The property has development potential. It is zoned 'Emerging Community' and located in the development corridor of Ellen Grove with some residential development already commenced next door and along the street.
- Site Area: 1.08Ha (10800m2)
- Corner block of Bagnall Street and Waterford Road
- Freehold Titles
- Dual Street Frontage
- Numerous Development Options
- South-West Brisbane Priority Growth Precinct
- Brisbane City Council
- Zoned Emerging Community
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Property Details for 481 Waterford Rd, Ellen Grove

Building Type
Land
Land Size
10775m2

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About Ellen Grove 4078

The size of Ellen Grove is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Ellen Grove in 2011 was 2,527 people. By 2016 the population was 2,908 showing a population growth of 15.1% in the area during that time. The predominant age group in Ellen Grove is 0-9 years. Households in Ellen Grove are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ellen Grove work in a machinery operators and drivers occupation. In 2011, 37.6% of the homes in Ellen Grove were owner-occupied compared with 31.5% in 2016.

Ellen Grove has 1,569 properties. Over the last 5 years, Houses in Ellen Grove have seen a 117.97% increase in median value, while Units have seen a 83.54% increase. As at 30 November 2024:

  • The median value for Houses in Ellen Grove is $654,463 while the median value for Units is $552,626.
  • Houses have a median rent of $545 while Units have a median rent of $475.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Ellen grove on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Ellen grove.

Suburb Insights for Ellen Grove 4078

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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.