5 Coley St, Acacia Ridge is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 766m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
This property is an excellent example of why so many renovators are drawn to this rapidly developing suburb. Of desirable low-set rendered brick construction with hardwood timber floors, this home has been built to last. Owned by the same family since it was built, the property has been much loved throughout its history. Only minor upgrades have been applied to the kitchen and bathroom, leaving the remainder of the house the perfect blank canvas to modernise.
The basic layout of the property lends itself to modern open-plan living, with the large kitchen and dining opening directly out into the generous lounge. Unusually for this type of home, the front porch has been internalised, giving a lovely sunroom or reception room as you step in through the front door. This useful room could easily be incorporated into the living or left to service a myriad of other needs.
This home is with the perfect layout for families. The three generous bedrooms are situated at the end of the central hallway, giving privacy and peace. Each of these bedrooms are full of natural light, with one including a ceiling fan and built in storage. The bathroom is in good basically original condition, with a tiled shower and modern vanity. The area is dotted with fine examples of how these homes can be relatively inexpensively transformed into lovely modern homes. Their solid construction, basic but well thought out internal layout and quality flooring make them a renovators dream. The larger than average proportions of this home, along with the central location, make this a particularly desirable home.
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:
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