SOLD
Sold on 25 Mar 2024 for $757,000

7/200 Riding Road
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 112m2
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Property Details for 7/200 Riding Rd, Balmoral

7/200 Riding Rd, Balmoral is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 112m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Balmoral in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
83m2
Land Size
112m2
Local Government
Brisbane
Lot/Plan
7/SP159236

Last Listing description (April 2024)

Situated within the Loggia Apartments in Balmoral, this first-floor apartment offers a modern living space within a well-maintained complex.

The property features two queen-sized bedrooms, two bathrooms, a laundry area, two basement car parks, storage, and spacious living areas. The modern kitchen is equipped with quality appliances, and a large covered balcony with a courtyard area adds to the appeal of the property.

The apartment boasts a well-designed floor plan that maximises functionality and space. Ducted air conditioning is installed throughout, ensuring comfort all year round. Both bedrooms feature built-in robes and large windows that flood the rooms with natural light.

This low-maintenance apartment provides secure intercom entry for added peace of mind. The property is conveniently located within the catchment area of reputable schools such as Morningside State School, Balmoral State High School, St Peter & Paul's Catholic Primary School, and Lourdes Hill College.

Key features of the property include:

- Modern first-floor apartment
- Ducted air conditioning
- Modern kitchen with a spacious island bench, gas cooktop, and dishwasher
- Two bedrooms, two bathrooms, and a large balcony
- Two secure basement car parks and a large storage cage
- In-ground pool within the complex
- Laundry located in the main bathroom
- Private yard space for gardening enthusiasts
- Newly installed retractable outdoor blind for year-round balcony use and indoor temperature control

Currently tenanted at $600 per week until July 2024, with a potential rental estimate of $680 per week.

Nestled in the heart of Balmoral, residents will enjoy the convenience of being within walking distance of Hawthorne Village cafes, restaurants, and parks. With two nearby ferry stops and regular bus routes to Brisbane City, this location offers easy access to all amenities.

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Property History for 7/200 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$757,000
25 Mar 2024
Listed for Rent
$600/w
19 Jun 2023
  • 25 Mar 2024
    Sold for $757,000
  • 19 Mar 2024
    Listed for Sale For Sale
  • 15 Jun 2023
    Listed for Rent $600 / week
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About Balmoral 4171

The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.

Balmoral has 1,976 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:

  • The median value for Houses in Balmoral is $1,862,435 while the median value for Units is $868,349.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Balmoral.

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