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Sold on 22 Sep 2024 for $1,950,000

542 Sumners Road
Riverhills QLD 4074

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Land area: 4433m2
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Property Details for 542 Sumners Rd, Riverhills

542 Sumners Rd, Riverhills is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 4433m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Riverhills in the last 12 months.

Building Type
House
Land Size
4433m2
Local Government
Brisbane
Lot/Plan
3/RP837072

Last Listing description (September 2024)

With a staggering 72 metres of river frontage, a Flood-Free building pad and a host of architectural design possibilities just waiting to be uncovered, this entry-level absolute riverfront acreage property presents an opportunity not to miss. Positioned at the end of a cul-de-sac, the existing timber home can be removed to make way for your family's new, dream residence and riverfront lifestyle (STCA). Granting direct water access and an ultra-private outlook that cannot be built out, this address is near retail and schools and is 16.5km from the CBD.

The elevated site will allow for a substantially sized residence and poolside entertaining area to be designed and built, with the broad building envelope delivering a ton of flexibility and uncomplicated vehicle access.

A builder's own home, this Western Red Cedar dwelling has a wide, hardwood-decked verandah on three sides, solid Brushbox floors, quality timber joinery and high ceilings inside, river views from living areas and the master bedroom, and established gardens and lawns.

Well maintained over the last 25 years, the family residence is cool and comfortable, with large sliding doors across the back allowing natural light and river breezes to fill the interiors.

There is plenty of storage throughout and an oversized 5-car garage with extra high clearance for a boat or a caravan. This house may be demolished or removed and sold if desired, as it was constructed above ground and not upon a concrete slab.

Riverhills, in the centenary suburbs, is approximately 26 minutes from Brisbane City and approximately 35 minutes from Brisbane Airport when utilising the Legacy Way tunnel. Situated at the very end of Sumners Road, this quiet acreage property is great for kids, with level areas to kick a ball around and an ability to launch canoes and kayaks straight into the water.

Located within the catchment for Middle Park State School and Centenary State High School, this address also has proximity to well-regarded private schools of the inner west. Shopping centres at Middle Park and Mount Ommaney are close by, with Indooroopilly's major retail hub an approximate 15-minute drive away.

Property History for 542 Sumners Rd, Riverhills, QLD 4074

A timeline of how this property has performed in the market
Last Sold
$1,950,000
22 Sep 2024
  • 22 Sep 2024
    Sold for $1,950,000
  • 28 Nov 2023
    Listed for Sale $1,950,000
  • 31 May 2022
    Listed for Sale For Sale Now
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About Riverhills 4074

The size of Riverhills is approximately 2.3 square kilometres. It has 4 parks covering nearly 31% of total area. The population of Riverhills in 2011 was 3,818 people. By 2016 the population was 4,046 showing a population growth of 6.0% in the area during that time. The predominant age group in Riverhills is 30-39 years. Households in Riverhills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverhills work in a professional occupation. In 2011, 73.6% of the homes in Riverhills were owner-occupied compared with 71.7% in 2016.

Riverhills has 1,632 properties. Over the last 5 years, Houses in Riverhills have seen a 76.38% increase in median value, while Units have seen a 84.01% increase. As at 31 August 2024:

  • The median value for Houses in Riverhills is $883,872 while the median value for Units is $678,017.
  • Houses have a median rent of $628 while Units have a median rent of $415.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Riverhills on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Riverhills.

Suburb Insights for Riverhills 4074

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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.