FOR SALE
Under Contract by Umair Khan - $440,000

224-230 Chambers Flat Road
Waterford West QLD 4133

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 451m2
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Dual Occupancy Opportunity at 1-224 Chambers Flat Road: High Rental Yield for Smart Investors

Seize the opportunity to craft your dream home or investment property in the thriving community of Waterford West. Positioned at 1-224 Chambers Flat Road, this prime lot is perfect for investors looking to capitalise on dual-key properties-live in one unit and rent out the other, optimising your returns, this block is an excellent prospect for savvy investors.
Expected Registration: December 2024
With a frontage of 15.3 meters and a depth of 29.4 meters, this generously sized lot is ideal for first home buyers. Choose from existing house designs from most builders or opt for a custom design that suits your preferences. While all dual occupancy lots comply with council requirements, it's essential for buyers to conduct their due diligence.
Prime Location:
• Upcoming Waterford West District Park (2025): Featuring a water play area, adventure playground, barbecue facilities, car parking, and toilet facilities.
• Childcare Centre: Nearby.
• Public Transport: Easily accessible.
• Logan Hospital: Minutes away.
• Railway Stations: Close proximity for easy commuting.
• Highway Links: Convenient access ensures a smooth daily commute.
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Property Details for 224-230 Chambers Flat Rd, Waterford West

Building Type
Land
Land Size
451m2

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About Waterford West 4133

The size of Waterford West is approximately 5.3 square kilometres. It has 13 parks covering nearly 10.8% of total area. The population of Waterford West in 2011 was 6,159 people. By 2016 the population was 6,424 showing a population growth of 4.3% in the area during that time. The predominant age group in Waterford West is 0-9 years. Households in Waterford West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waterford West work in a labourer occupation. In 2011, 60.5% of the homes in Waterford West were owner-occupied compared with 55.4% in 2016.

Waterford West has 2,946 properties. Over the last 5 years, Houses in Waterford West have seen a 103.14% increase in median value, while Units have seen a 130.76% increase. As at 31 October 2024:

  • The median value for Houses in Waterford West is $697,405 while the median value for Units is $455,291.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 25 properties listed for sale, and 3 properties listed for rent in Waterford west on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Waterford west.

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Umair Khan
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Ray White Acacia Ridge
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