OFF MARKET

625 Formosa Road
Gumdale QLD 4154

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 159m2
Land area: 10120m2
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Property Details for 625 Formosa Rd, Gumdale

625 Formosa Rd, Gumdale is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 10120m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1970
Floor Size
159m2
Land Size
10120m2
Local Government
Brisbane
Lot/Plan
2/RP89405

Last Listing description (January 2023)

An exclusive, levelled, cleared 2.5-acre estate ready to begin your new endeavour into prestige acreage living. Experience a life of effortless splendour and supreme convenience just 20 minutes from the Brisbane CBD.

The sprawling, fully fenced land is cleared, level and offers unlimited potential for you to design, develop and create your ultimate Formosa Road residence. The established grounds attract cooling summer breezes while offering its owners complete peace and privacy of a cul-de-sac. If your vision is to create an impressive new home for you and your family within one of Brisbane's tightest held acreage precincts, the original residence offers a range of exciting opportunities:

redesign, renovate and extend the existing home

rent out during the planning and design phase of your new home
Live in during the planning, design and construction phase of your new home

This remarkable property is surrounded by prestigious homes and celebrates a sought-after position located close to local amenities, Westfield Carindale Shopping Centre, quality schools, and moments to the Gateway Arterial leading directly to the Gold and Sunshine Coasts.

Do not miss this exciting opportunity to enter into an elite acreage lifestyle!

Property History for 625 Formosa Rd, Gumdale, QLD 4154

A timeline of how this property has performed in the market
Last Sold
$1,500,000
25 Oct 2022
  • 25 Oct 2022
    Sold for $1,500,000
  • 04 May 2022
    Listed for Sale SOLD by Evans Properties
  • 08 Jan 2021
    Sold for $1,100,000
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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 685 properties. Over the last 5 years, Houses in Gumdale have seen a 68.96% increase in median value. As at 31 October 2024:

  • The median value for Houses in Gumdale is $1,585,576 while the median value for Units is $949,139.
  • Houses have a median rent of $838.
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.

Suburb Insights for Gumdale 4154

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Disclaimer
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.