FOR SALE
$995,000

3 Richard Street
Lota QLD 4179

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Land area: 602m2
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MULTI DWELLINGS ON 602m2 BLOCK

One-On-One Inspections are available anytime, to best suit you and your schedule. To arrange yours please call us.
We are proud to present 3 Richard Street, Lota. This property currently has two dwellings on a 602M2 block. One of the houses on the block is currently rented for $500.00 per week. The 2nd house needs work to bring it back to its original state. Both houses are fenced to ensure privacy from one house to the other.
Whether you are looking for a block to build your dream home, investment property or a dual living opportunity, then this property is one to inspect.
House 1 Features:
:: 2 Bedrooms / potentially 3
:: Spacious lounge with adjoining dining area
:: Family bathroom
:: Tiled throughout
:: Fully fenced
:: Rental potential of $500.00 per week.
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Property Details for 3 Richard St, Lota

3 Richard St, Lota is a 7 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 602m2. The place is currently for sale with Johnson Real Estate - Wynnum Manly.

Building Type
House
Land Size
602m2

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About Lota 4179

The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.

Lota has 1,319 properties. Over the last 5 years, Houses in Lota have seen a 72.67% increase in median value, while Units have seen a 110.13% increase. As at 30 September 2024:

  • The median value for Houses in Lota is $1,142,428 while the median value for Units is $844,258.
  • Houses have a median rent of $700 while Units have a median rent of $425.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Lota on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Lota.

Suburb Insights for Lota 4179

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Johnson Real Estate Wynnum Manly
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Johnson Real Estate - Wynnum Manly
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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.