11 Mulvey StreetAcacia Ridge QLD 4110
Property Details for 11 Mulvey St, Acacia Ridge
11 Mulvey St, Acacia Ridge is a 2 bedroom, 1 bathroom House and was built in 1955. The property has a land size of 607m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (January 2018)
This cute two bedroom cottage is situated in a rapidly developing and exciting pocket of Acacia Ridge, on a 607sqm Low Medium Residential (LMR) block. Promising great short and long term potential, the property is a desirable rental as is with the zoning giving investors plenty of development options. The house itself is a neat and tidy dwelling with a well-presented interior and grassy lawns. The kitchen and bathroom are dated but functional, the bedrooms and living are spacious and full of light.
This property features:
* 607sqm LMR
* Polished timber floors
* Functional kitchen with plenty of storage
* Ceiling fans throughout and some security grills
* Short walk to bus stops, Woolworths/Aldi Acacia Ridge within walking distance
* Approximately 15km to Brisbane CBD
This property has been zoned LMR in response to the proximity to amenities and transport hubs. The corridor in which Acacia Ridge is situated has been identified as an area of high growth potential, close to Brisbane CBD and convenient to major transport hubs both south and west. Properties such as these are highly sought-after by savvy investors wishing to secure their piece of this high-growth area.
Property History for 11 Mulvey St, Acacia Ridge, QLD 4110
- 07 Nov 2017Sold for $405,000
- 21 Sep 2017Listed for Sale $415,000
- 07 Jun 2017Listed for Rent $295 / week
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About Acacia Ridge 4110
The size of Acacia Ridge is approximately 8.6 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Acacia Ridge in 2011 was 6,944 people. By 2016 the population was 7,439 showing a population growth of 7.1% in the area during that time. The predominant age group in Acacia Ridge is 20-29 years. Households in Acacia Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Acacia Ridge work in a trades occupation. In 2011, 52.9% of the homes in Acacia Ridge were owner-occupied compared with 49.6% in 2016.
Acacia Ridge has 3,975 properties. Over the last 5 years, Houses in Acacia Ridge have seen a 115.07% increase in median value, while Units have seen a 95.11% increase. As at 30 September 2024:
- The median value for Houses in Acacia Ridge is $794,414 while the median value for Units is $601,150.
- Houses have a median rent of $530 while Units have a median rent of $450.
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