SOLD
Sold on 16 Jul 2024 for $1,147,500

23 Arbor Street
Ferny Grove QLD 4055

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 809m2
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Property Details for 23 Arbor St, Ferny Grove

23 Arbor St, Ferny Grove is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 809m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Ferny Grove in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
80m2
Land Size
809m2
Local Government
Brisbane
Lot/Plan
2/RP66921

Last Listing description (September 2024)

CBRE are pleased to exclusively offer to market 23 Arbor Street, Ferny Grove.This exceptional infill development opportunity is strategically located just 20mintues from Brisbanes CBD. The site spans 1,618sqm* and is situated in a thriving suburb known for its strong community and excellent connectivity.Property Highlights:+ Zoned LMR2 Low-Medium Density Residential (2 or 3 storey mix)+ Ideally suited for a range of residential developments, including townhouses or units+ Prime developable parcel consisting of two adjoining 809sqm* lots+ 40m* dual street frontage and access+ $70,200pa* gross holding income+ Extremely well connected by train and bus services+ Strategically just 20mintues from Brisbanes CBD+ Proximity to transport, education, lifestyle, hospitals and other amenities23 Arbor Street, Ferny Grove is being sold via Public Auction at 1:00PM Wednesday, 17th of July 2024, at Level 3, 1 Eagle Street, Brisbane.For further information or to arrange an inspection, please contact the exclusive CBRE agents.

Property History for 23 Arbor St, Ferny Grove, QLD 4055

A timeline of how this property has performed in the market
Last Sold
$1,147,500
16 Jul 2024
  • 16 Jul 2024
    Sold for $1,147,500
  • 11 Jul 2024
    Listed for Sale Not Disclosed
  • 14 Oct 2014
    Sold for $470,000
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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 2,348 properties. Over the last 5 years, Houses in Ferny Grove have seen a 69.04% increase in median value, while Units have seen a 47.07% increase. As at 31 August 2024:

  • The median value for Houses in Ferny Grove is $1,041,203 while the median value for Units is $602,565.
  • Houses have a median rent of $675 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Ferny grove on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Ferny grove.

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