SOLD
Sold on 24 Apr 2024 for $1,600,000

346 Formosa Road
Gumdale QLD 4154

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12370m2
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Property Details for 346 Formosa Rd, Gumdale

346 Formosa Rd, Gumdale is a bedroom, bathroom House. The property has a land size of 12370m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other bedroom House sold in Gumdale in the last 12 months.

Building Type
House
Land Size
12370m2
Local Government
Brisbane
Lot/Plan
5/RP134291

Last Listing description (June 2024)

Nestled in the sought-after locale of 346 Formosa Road, Gumdale, this property epitomizes supreme convenience and offers an unparalleled opportunity for buyers to create their dream home on a sprawling 3-acre estate within an inner-city acreage enclave.

Consider renovating and expanding the current residence, utilizing it for various purposes such as renting it out while strategizing for your new home, or move in temporarily a during the new home's design and construction phase.

Providing a serene retreat just a short 20-minute drive from Brisbane's CBD. Positioned in a prime location, it is conveniently situated near Brisbane's top private schools, local educational facilities, and premier shopping destinations such as Westfield Carindale and Garden City Shopping Centres. With seamless access to major transport arteries including the Gateway Motorway and Brisbane Airport, as well as the allure of the Gold and Sunshine Coasts, this property presents a rare chance for discerning buyers to secure a significant landholding in an immensely desirable area, showcasing foresight and vision.

Don't miss out on this entry level opportunity to the Gumdale acreage lifestyle.

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Property History for 346 Formosa Rd, Gumdale, QLD 4154

A timeline of how this property has performed in the market
Last Sold
$1,600,000
24 Apr 2024
  • 22 May 2024
    Listed for Sale SOLD by Evans Properties!
  • 24 Apr 2024
    Sold for $1,600,000
  • 25 Jul 1986
    Sold for $87,500

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About Gumdale 4154

The size of Gumdale is approximately 4.5 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Gumdale in 2011 was 949 people. By 2016 the population was 2,116 showing a population growth of 123.0% in the area during that time. The predominant age group in Gumdale is 10-19 years. Households in Gumdale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gumdale work in a professional occupation. In 2011, 84.6% of the homes in Gumdale were owner-occupied compared with 87.3% in 2016.

Gumdale has 688 properties. Over the last 5 years, Houses in Gumdale have seen a 72.32% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gumdale is $1,478,406 while the median value for Units is $949,139.
  • Houses have a median rent of $825.
There are currently 1 property listed for sale, and no properties listed for rent in Gumdale on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Gumdale.

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