2/38 Alderwood St, Acacia Ridge is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 111m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
This brand new apartment in a boutique development of only 6 units - is a fantastic entry level home or savvy investment into this upcoming suburb located only 20 minutes drive from the CBD.
The location is great and offers easy access to main roads and buses and shopping centres.
Investment strengths:
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 3,960 properties.
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