97 Schmidt Rd, Fernvale is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2002. The property has a land size of 4000m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
There is no doubt that Fernvale is on the move, and here is your chance to capitalise with this unique and extremely rare opportunity to subdivide and make some serious PROFIT. Located near Brookside Estate is this beautiful 3 bedroom brick home, situated on a scenic 4000m2 elevated block with picturesque views to the West and North. Now not only do you get the home which is currently tenanted at $320.00 per week, council approval for sub-dividing the land into 3 total lots has been granted. This comprises the house block of 2100m2 and 2 x 950m2 blocks fronting onto Lyndale Place in Brookside Estate. This is now a reality. Once developed, these are presently the last available lots for sale in Brookside Estate, and with similar sized land parcels selling for $152k and $148k respectively, well you do the maths.
The home was flood free in 2011 and is highly elevated. Upon entering the home you are greeted on the left with the carpeted living room. The functional kitchen comes complete with a dishwasher, electric oven and hotplates, together with heaps of storage and bench space. This services the adjacent dining area. As you make your way through the home, 3 spacious bedrooms are present. The main bedroom has a walk in robe together with it's own ensuite. 2 other bedrooms have built in robes and are conveniently located near the main bathroom and toilet. 2 car accommodation can be found in the form of the internal garage. All windows are screened.
Externally, the concrete patio which runs alongside the dining area allows for entertaining or simply relaxing. Heaps of room in the front and back yard is there for the children to run around and play. A fully concreted driveway leads from the street to the garage for all weather access.
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 1,690 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:
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