FOR SALE
Under Contract $1,222,000

5 Ursula Court
Springwood QLD 4127

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 870m2
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Massive Development Potential with 870m2 Medium Density Zoning

AUCTION ALERT: Mark your calendars for an unmissable event on Wednesday, October 30th at Ray White Rochedale G4/1 Centre Place, 467 Underwood Road, ROCHEDALE SOUTH, QLD 4123. Doors open at 5:00pm, with the auction kicking off at 6:00pm sharp.
Located in the high in-demand area of Springwood and part of the Logan City Council's strategic plan for development, this prime parcel of land offers many opportunities to the astute buyer.
This property offers an unbeatable opportunity to capitalise on the booming development in Springwood. The 870m² block with medium density residential zoning is perfect for developers or
investors looking to create modern, high-demand housing. Although the existing house needs some love, its prime location makes it a worthwhile investment with plenty of future potential.
The purpose of the zoning under code is to achieve the following outcomes (STCA):
- Multiple dwellings - Apartments
- Dual occupancy (auxiliary unit)
- Home based business
- Residential care facility
- Retirement facility
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Property Details for 5 Ursula Ct, Springwood

5 Ursula Ct, Springwood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 870m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Land Size
870m2

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About Springwood 4127

The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.

Springwood has 4,249 properties. Over the last 5 years, Houses in Springwood have seen a 92.68% increase in median value, while Units have seen a 127.62% increase. As at 30 November 2024:

  • The median value for Houses in Springwood is $942,834 while the median value for Units is $552,439.
  • Houses have a median rent of $628 while Units have a median rent of $485.
There are currently 29 properties listed for sale, and 47 properties listed for rent in Springwood on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Springwood.

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