SOLD
Sold on 07 Aug 2024 for $1,100,000

1512 Brisbane Valley Highway
Fernvale QLD 4306

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 1821m2
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Property Details for 1512 Brisbane Valley Hwy, Fernvale

Building Type
Land
Year Built
1920
Floor Size
128m2
Land Size
1821m2
Local Government
Somerset Regional
Lot/Plan
10/RP28844

Last Listing description (July 2023)

Opportunity for the savvy investors and developers alike to secure a footprint central to the thriving and expanding Fernvale Township.

With immediate income available, plus the bonus future development of multiple tenancies, with an abundance of car parking available - you can not go wrong!

- High profile flood free position over 809m2 providing excellent exposure and signage opportunity

- Existing rental income from existing residential dwelling available
- Central to Brisbane Valley's growth corridor and activity centre and successful existing businesses
- Zoning allows for commercial uses including medical, professional offices, retail, tourist industry plus more
- Adjoining vacant 1012m2 (Lot 15 Simpson St) available to be purchased
- Potentially a footprint of some 1821m2* providing further scope for redevelopment and dual street accessibility

With the Fernvale township projected grow over the next 5 years based on current residential subdivision DA approvals in place for over 1000 lots to be developed, this makes this commercial offer a Golden opportunity.

Call me now for more information about this superb investment opportunity John Galloway 0409 776 737

* Approximately

Property History for 1512 Brisbane Valley Hwy, Fernvale, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$1,100,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $1,100,000
  • 10 May 2022
    Sold for $620,000
  • 28 May 2021
    Listed for Sale Offers Over $625,000

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About Fernvale 4306

The size of Fernvale is approximately 27.8 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Fernvale in 2011 was 2,367 people. By 2016 the population was 3,203 showing a population growth of 35.3% in the area during that time. The predominant age group in Fernvale is 0-9 years. Households in Fernvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernvale work in a trades occupation. In 2011, 73.9% of the homes in Fernvale were owner-occupied compared with 65.8% in 2016.

Fernvale has 1,689 properties. Over the last 5 years, Houses in Fernvale have seen a 106.07% increase in median value, while Units have seen a 167.43% increase. As at 31 October 2024:

  • The median value for Houses in Fernvale is $714,346 while the median value for Units is $634,174.
  • Houses have a median rent of $550.
There are currently 16 properties listed for sale, and 1 property listed for rent in Fernvale on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Fernvale.

Suburb Insights for Fernvale 4306

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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.