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Sold on 16 May 2024 for $845,000

92 Northwood Drive
Burpengary East QLD 4505

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.81ha
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Property Details for 92 Northwood Dr, Burpengary East

Building Type
Land
Land Size
1.81ha
Local Government
Moreton Bay
Lot/Plan
12/SP331292

Last Listing description (May 2024)

Build your dream homestead amidst stunning natural surrounds, or subdivide (subject to council approval) and sell for profit in this highly sought-after location. The choice and opportunity are entirely yours!

Occupying the largest block and arguably best position within the popular Northwood Estate, this property comprises an impressive 4.47 acres (or 1.81 hectares) of level, usable land with three dams, newly improved topsoil and dual street access.


Situated at the end of the Northwood Drive cul-de-sac, the property also offers frontage onto Coach Road, creating ample access opportunities for any future subdivided lots. Whether you plan to build or subdivide, the 'rural residential' zoning suggests multiple possibilities.

And given most of the surrounding properties are around 3,000 sqm, this property's unique size and position make it a rare gem indeed.

A recently obtained contour survey demonstrates the property's subdivision potential plus the option of an increased building envelope to accommodate a huge homestead (all subject to council approval).

Extensive works have already been done to improve drainage on the property, including grading and top soiling, and construction of the three dams.

Other improvements include a new colourbond boundary fence at Northwood Drive end of the property with an electric entry gate to a 1,024 sqm handstand area. Power and water are both installed, with working meters, and the property is currently used for glamping weekends and container storage.

Burpengary East is a fast-growing residential area, equidistant from Brisbane and the Sunshine Coast. This property in particular offers excellent access from the M1, belying its peaceful location and natural beauty.

Local shopping and commercial amenities are rapidly growing - there's a new Woolworths under construction just 2 minutes away, adding to the current HUB shopping centre, plus a future Westfield and commercial development just around the corner.

Don't miss this rare and exciting opportunity to build or develop your dream in this popular residential location. Contact Chris Elliman to register your interest today!

● Best block in Northwood Estate!
● 4.47 acres (or 1.81 hectares) of level, usable land with three dams, newly improved topsoil and dual street access.
● Rural residential zoning suggests multiple uses.
● Situated end of Northwood Drive cul-de-sac with additional frontage to Coach Road.
● Surrounded by 3,000 sqm properties.
● Extensive drainage works done: grading, top soiling and construction of three dams.
● Improvements include a new colourbond boundary fence at the Northwood Drive end of the property with an electric entry gate to a 1,024 sqm handstand area.
● Power and water installed.
● Exciting subdivision potential, or build your dream homestead.
● Local shopping includes a new Woolworths under construction 2 minutes away, plus Westfield and commercial precinct planned nearby.
● Rare buy in a growth residential area.

*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 92 Northwood Dr, Burpengary East, QLD 4505

A timeline of how this property has performed in the market
Last Sold
$845,000
16 May 2024
  • 02 May 2024
    Sold for $845,000
  • 02 Feb 2024
    Listed for Sale Contact Agent

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About Burpengary East 4505

The size of Burpengary East is approximately 29.9 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Burpengary East in 2011 was 5,761 people. By 2016 the population was 6,430 showing a population growth of 11.6% in the area during that time. The predominant age group in Burpengary East is 40-49 years. Households in Burpengary East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burpengary East work in a trades occupation. In 2011, 90.6% of the homes in Burpengary East were owner-occupied compared with 86.7% in 2016.

Burpengary East has 5,118 properties. Over the last 5 years, Houses in Burpengary East have seen a 79.79% increase in median value, while Units have seen a 85.55% increase. As at 31 October 2024:

  • The median value for Houses in Burpengary East is $1,063,990 while the median value for Units is $585,152.
  • Houses have a median rent of $630.
There are currently 46 properties listed for sale, and 26 properties listed for rent in Burpengary east on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Burpengary east.

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Contact agent
Chris Elliman
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.