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Sold on 14 Nov 2023 for $492,000

1/16 Movilla Street
Ferny Grove QLD 4055

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 109m2
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Property Details for 1/16 Movilla St, Ferny Grove

1/16 Movilla St, Ferny Grove is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Townhouse sold in Ferny Grove in the last 12 months.

Building Type
Townhouse
Land Size
109m2
Local Government
Brisbane
Lot/Plan
1/GTP1807

Last Listing description (November 2023)

This charming 2 bedroom unit, located in a small complex of only 4 units offers the perfect blend of comfort and convenience - a fantastic addition to your portfolio or an ideal starter home to get a foothold into the market.

Situated in the evolving suburb of Ferny Grove, this unit enjoys the perfect combination of privacy and convenience. You'll find yourself just a stone's throw away from parkland and an easy stroll to train, shops and schools, ensuring that everything you need is right at your doorstep.

This unit spans two levels, with the living area thoughtfully placed downstairs for ease of access and entertaining. The enclosed private courtyard is perfect for entertaining or sitting back and relaxing after a hard day's work.

Currently leased until 25 April 2024 at $370 per week, this property offers an attractive rental return, making it a solid addition to your investment portfolio.
Body Corporate Annually $1785.51
Rates Annually $1980.16

Whether you're looking for a smart investment or a comfortable and convenient place to call home, this 2-bedroom unit in Ferny Grove delivers the best of both worlds. Don't miss out on this fantastic opportunity!

Ferny Grove is more than just a suburb; it's a community where people come together, a place that's poised for sustainable growth, and a location that offers the best of suburban living with the convenience of urban accessibility. It's a dynamic and welcoming community that truly embodies the essence of living in harmony with both nature and progress. Nestled in the north-western suburbs of Brisbane, Ferny Grove is just 15km from Brisbane's CBD. Renowned for its close-knit community, residents often come together to celebrate local events, support one another, and participate in various community activities. Surrounded by lush greenery and parklands, residents enjoy ample opportunities for outdoor recreation, picnics, and relaxation. At the heart of Ferny Grove's planned development lies the exciting Ferny Grove Central project. This transformative development is set to be a focal point for the community, offering an array of amenities designed to enhance residents' quality of life. Ferny Grove Central will encompass a modern shopping centre, bringing an even wider selection of retail options, dining establishments, and services to the doorstep of locals.

Contact Karen Marlow on 0411 033 892 for more information.

Property History for 1/16 Movilla St, Ferny Grove, QLD 4055

A timeline of how this property has performed in the market
Last Sold
$492,000
14 Nov 2023
Listed for Rent
$335/w
15 Apr 2020
  • 31 Oct 2023
    Sold for $492,000
  • 03 Oct 2023
    Listed for Sale Offers Over $480,000
  • 23 Mar 2020
    Listed for Rent $335 / week
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About Ferny Grove 4055

The size of Ferny Grove is approximately 3.8 square kilometres. It has 22 parks covering nearly 17.3% of total area. The population of Ferny Grove in 2011 was 5,609 people. By 2016 the population was 5,700 showing a population growth of 1.6% in the area during that time. The predominant age group in Ferny Grove is 40-49 years. Households in Ferny Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferny Grove work in a professional occupation. In 2011, 77.8% of the homes in Ferny Grove were owner-occupied compared with 76.5% in 2016.

Ferny Grove has 2,347 properties. Over the last 5 years, Houses in Ferny Grove have seen a 89.18% increase in median value, while Units have seen a 29.54% increase. As at 31 July 2024:

  • The median value for Houses in Ferny Grove is $1,056,724 while the median value for Units is $590,118.
  • Houses have a median rent of $690 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Ferny grove on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Ferny grove.

Suburb Insights for Ferny Grove 4055

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Karen Marlow
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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.