SOLD
Sold on 20 Feb 2024 for $495,000

3 Palatial Crescent
Griffin QLD 4503

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 186m2
Land area: 375m2
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Property Details for 3 Palatial Cres, Griffin

3 Palatial Cres, Griffin is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 375m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Griffin in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
186m2
Land Size
375m2
Local Government
Moreton Bay
Lot/Plan
46/SP300999

Last Listing description (March 2024)

Located in sought-after Griffin Crest, this rare opportunity to secure land and build your ideal home awaits. It is one of the few remaining blocks and is positioned in a largely owner-occupied estate, in one of its best streets. Take a drive down Palatial Crescent and you will find beautiful established homes, superbly landscaped and well kept.

This street epitomises living in Griffin, with a wonderful sense of community, surrounded by families of all ages with walkways and bushland on your doorstep. It is a thriving suburb with planned infrastructure (including a shopping village, road and on-ramp upgrades and future sporting complex stages) in the coming years to only enhance this beautiful suburb.

This 375sqm parcel of land measures 30 metres in length and 12.5 metre frontage and is ready to build.

? 375sqm of land
? 30m x 12.5m dimensions
? Griffin Crest estate
? Largely owner-occupied estate
? Beautiful street

The immediate location is ideal, only minutes to the M1, short walk to everything Murrumba Downs Shopping Centre offers, short drive to the Griffin waterfront and with the completion of stage 1 Griffin Sports Complex and future developments such as Freshwater Village commencing shortly, you will be located so close to all of Griffin's newest amenities.

Undurba State School and Murrumba State Secondary College are the catchment schools and perfectly placed next to each other which is great for families with children in both primary and high school.

If you are looking to invest and build your investment property, the location couldn't be better with so much development to occur over the coming years that may increase the potential for growth significantly. Rental demand for this suburb is always high and there is good investment yield.

? Ideal location
? Minutes to the Bruce Highway
? Walk to Murrumba Downs Shopping Centre
? Undurba State School & Murrumba State Secondary College in the catchment
? Short drive to Griffin waterfront, Griffin Sports Complex
? Area of high rental demand

New Freshwater Village development (commencing shortly)

? Woolworths
? 21 Speciality Tenancies
? Health Services including a medical centre and pharmacy
? 264 car parks, including pram and disability parking spaces
? 64 bike spaces
? Future bus stop
? Piazza ? An alfresco dining and entertainment space for live music
? Urban Arts Square ? A covered green space for community activities
? Leisure and Activity Centre ? Including a gym, swimming pool, restaurants
? Freshwater Farm ? 1ha of land for produce farming and native planting
? Freshwater Park ? 1.5ha parkland with walking tracks and recreational areas

Location:

? Murrumba Downs Shopping Centre ? 1.5 km
? Griffin Sports Complex ? 2.30 km
? Undurba State School ? 2.70 km
? Murrumba Downs State Secondary College ? 2.70km
? Dohles Rocks waterfront ? 2.90 km
? Future Freshwater Village ? 3.50 km
? Living Faith Lutheran Primary ? 3.80 km
? Griffin State School ? 4.0 km
? Kallangur Train Station ? 4.00 km
? Murrumba Downs Train Station ? 4.70 km
? Westfield North Lakes / Ikea ? 5.5 km
? Brisbane Airport ? 23km
? Brisbane CBD ? 24km

Call Mathew on 0409 275 107 today to secure this wonderful opportunity.

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Property History for 3 Palatial Cres, Griffin, QLD 4503

A timeline of how this property has performed in the market
Last Sold
$495,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $495,000
  • 16 Nov 2023
    Listed for Sale Not Disclosed
  • 18 Mar 2021
    Sold for $260,000
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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 6,090 properties. Over the last 5 years, Houses in Griffin have seen a 78.97% increase in median value, while Units have seen a 93.57% increase. As at 30 November 2024:

  • The median value for Houses in Griffin is $859,139 while the median value for Units is $597,131.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 35 properties listed for sale, and 15 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 357 properties were sold in the past 12 months in Griffin.

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