FOR SALE
Offers Over $399,000

26/31 Nyanza Street
Woodridge QLD 4114

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Lowset Townhouse with Strong Investment Potential in Woodridge

Positioned in the heart of Woodridge, 26/31 Nyanza Street offers an excellent opportunity for investors looking to secure a property with long-standing tenants. Currently tenanted at $420 per week on a periodic lease, this lowset three-bedroom townhouse promises immediate rental income and the flexibility to plan for future updates or improvements.
The open-plan layout seamlessly connects the living, dining, and kitchen areas, creating a spacious and functional living environment. A single carport adds further convenience with covered parking.
This townhouse holds great potential for a cosmetic renovation, offering an easy way to increase its value. Located centrally, it provides easy access to local shops, schools, and transport, making it attractive for both tenants and future owners. With manageable body corporate fees and the opportunity to enhance its appeal, this property is an ideal investment in a prime location.
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 26/31 Nyanza St, Woodridge

26/31 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 5,452 properties. Over the last 5 years, Houses in Woodridge have seen a 122.79% increase in median value, while Units have seen a 99.05% increase. As at 31 October 2024:

  • The median value for Houses in Woodridge is $622,534 while the median value for Units is $393,731.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 43 properties listed for sale, and 20 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 325 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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