96 Formosa RoadBelmont QLD 4153
Property Details for 96 Formosa Rd, Belmont
96 Formosa Rd, Belmont is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 20230m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
Set within the prestigious Formosa Road acreage precinct, this serene 5 acre allotment provides an excellent opportunity to create the home of your dreams.
An opportunity of exceptional rarity and reward, this property brings uncomplicated grounds of levelled land onto which you will have the freedom to design your own vision. With unparalleled prospects, you will be able to create the lifestyle you have always desired.
Situated at the front of the property, there are many options available for the existing home to be used as an investment opportunity or a comfortable family home while plans and preparations go into constructing your new acreage wonderland.
In addition, this property offers 4 horse stables, 38 block kennels with grassed yard surrounds, 40 cat houses and structures to accommodate grooming and food preparation facilities, providing an ideal facility for a breeder or offer spacious and comfortable pet accommodation. Current council permits are transferable with the property.
This remarkable property is surrounded by prestigious homes and celebrates a sought after position located close to local amenities such as the Westfield Carindale Shopping Centre, quality schools, and moments away from the Gateway Motorway leading directly to the Brisbane Airport, Gold and Sunshine Coasts.
Do not miss this exciting opportunity to enter into an elite acreage lifestyle!
Property History for 96 Formosa Rd, Belmont, QLD 4153
- 06 Oct 2020Sold for $1,400,000
- 24 Jun 2019Listed for Sale Contact agent
- 08 Nov 2012Sold for $1,000,000
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About Belmont 4153
The size of Belmont is approximately 10 square kilometres. It has 14 parks covering nearly 1.7% of total area. The population of Belmont in 2011 was 4,594 people. By 2016 the population was 4,368 showing a population decline of 4.9% in the area during that time. The predominant age group in Belmont is 40-49 years. Households in Belmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 78.5% of the homes in Belmont were owner-occupied compared with 77.9% in 2016.
Belmont has 1,679 properties. Over the last 5 years, Houses in Belmont have seen a 76.04% increase in median value, while Units have seen a 101.84% increase. As at 31 August 2024:
- The median value for Houses in Belmont is $1,318,832 while the median value for Units is $733,052.
- Houses have a median rent of $790 while Units have a median rent of $600.
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