173 Brays RoadGriffin QLD 4503
Property Details for 173 Brays Rd, Griffin
Last Listing description (September 2024)
Land area: 1.94Ha* (19,440m*)
DA and OPW approved for 87 townhouse units plus managers residence and common facilities buildings
Civil works substantially completed allowing immediate commencement
Range of alternate potential development options, including land subdivision, aged care, retirement and community housing^
Directly adjacent proposed Freshwater Village Shopping Centre including Woolworths, restaurants, cafes and 1.5Ha* of parks and open space
5min* to North Lakes, incorporating Westfield Shopping Centre, IKEA, Costco, medical, schools and community services
3min* drive to Murrumba Downs Railway Station
Easy access to the Bruce Highway, providing direct connectivity to the Brisbane CBD (30min*) and the Sunshine Coast (45min*)
Very limited approved townhouse sites available of this quality in South East Queensland, particularly with such advanced approvals and works commenced
*Approximately
^Subject to Council Approval.
Property History for 173 Brays Rd, Griffin, QLD 4503
- 04 Nov 2024Sold for $9,075,000
- 11 Jun 2024Listed for Sale Offers to Purchase
- 04 Jul 2019Listed for Sale $385,000
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About Griffin 4503
The size of Griffin is approximately 17.2 square kilometres. It has 12 parks covering nearly 6.7% of total area. The population of Griffin in 2011 was 2,357 people. By 2016 the population was 6,830 showing a population growth of 189.8% in the area during that time. The predominant age group in Griffin is 20-29 years. Households in Griffin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Griffin work in a trades occupation. In 2011, 61.5% of the homes in Griffin were owner-occupied compared with 39.3% in 2016.
Griffin has 6,028 properties. Over the last 5 years, Houses in Griffin have seen a 77.13% increase in median value, while Units have seen a 93.56% increase. As at 31 October 2024:
- The median value for Houses in Griffin is $856,170 while the median value for Units is $598,443.
- Houses have a median rent of $620 while Units have a median rent of $550.
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