FOR SALE
Offers Over $399,000

14/31 Nyanza Street
Woodridge QLD 4114

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Lowset Townhouse with Strong Rental Return in Woodridge

Located at 14/31 Nyanza Street, this lowset three-bedroom townhouse presents a fantastic investment opportunity with long-standing tenants currently paying $400 per week until December 2024. Offering a low-maintenance lifestyle, this property holds great potential for cosmetic renovations, allowing for an immediate increase in value while maintaining its appeal to renters or future homeowners.
The open-plan layout connects the living, dining, and kitchen areas, providing a comfortable and spacious environment for everyday living. Outside, the fenced private back courtyard offers a peaceful retreat, perfect for outdoor relaxation or entertaining. A single carport adds to the convenience, ensuring covered parking for residents.
Positioned in a central location close to local amenities, this townhouse offers both accessibility and lifestyle. With manageable body corporate fees and the option to enhance its value through updates, this property is ideal for investors or those seeking a home in the heart of Woodridge.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property Details for 14/31 Nyanza St, Woodridge

14/31 Nyanza St, Woodridge is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Coronis Inner South.

Building Type
Townhouse

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About Woodridge 4114

The size of Woodridge is approximately 4.7 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Woodridge in 2011 was 12,787 people. By 2016 the population was 12,571 showing a population decline of 1.7% in the area during that time. The predominant age group in Woodridge is 0-9 years. Households in Woodridge are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodridge work in a labourer occupation. In 2011, 39.6% of the homes in Woodridge were owner-occupied compared with 36.7% in 2016.

Woodridge has 5,486 properties. Over the last 5 years, Houses in Woodridge have seen a 130.81% increase in median value, while Units have seen a 95.62% increase. As at 31 August 2024:

  • The median value for Houses in Woodridge is $618,692 while the median value for Units is $376,703.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 43 properties listed for sale, and 29 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Woodridge.

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Shona McKenzie
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Coronis Inner South
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