OFF MARKET

29 Richard Street
Lota QLD 4179

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 607m2
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Property Details for 29 Richard St, Lota

29 Richard St, Lota is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 607m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1955
Floor Size
106m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
3/RP89899

Last Listing description (July 2021)

Open Friday 17 Jan at 5 pm (30 mins)
Open Saturday 18 Jan at 11 am (45 mins)

Welcome home to 29 Richard St, Lota which is positioned within 15 minutes walking distance to the beautiful waters of Moreton Bay and the highly popular Lota Esplanade and parklands.

Be very be quick as properties within this "entry level" price range are few and far between, and simply do not last long on the market.

This home is simply presented beautifully within this price range, and given the land area full side access available, this property has a very practical design for a young and growing family, & very good capital growth value for the investor.

The home has been recently fully renovated internally and externally, and is in very good overall condition for a home of this age.

The essentials:

Classic weatherboard design with fabulous street appeal - a really good looking first home.
Open plan living, with combined dining and living areas
Three bedroom layout - with built in wardrobes
One bathroom - two way design - provides flexible layout for young family.
607 sqm plus land area
Side access to double shed - which has been lined internally so could act as a separate studio or workspace if needed.
Very god established location across road from the popular Lota primary school

Bonus: 24 panel 6 KW solar panel electricity system installed, will cut power bills to a fraction of the price!

Walking distance to:

Peaceful and popular Lota Esplanade parklands and Moreton Bay waterfront
Manly Royal Queensland Yacht Squadron.
Lota railway station - City rail service only 35 minutes to Brisbane CBD
Your choice of public and private schooling systems including Lota primary school, St John Vianney's Primary, Moreton Bay Boys College and Moreton Bay Girls College.

Inspections easily arranged by appointment or via open home. Please contact your local experienced agents now, and recommend inspect swiftly as homes within this price range in fast moving Lota are a rare commodity indeed !

Property History for 29 Richard St, Lota, QLD 4179

A timeline of how this property has performed in the market
Last Sold
$562,000
18 Jan 2020
Listed for Rent
05 Mar 2020
  • 24 Feb 2020
    Listed for Rent - Price not available
  • 18 Jan 2020
    Sold for $562,000
  • 16 Jan 2020
    Listed for Sale $585,000
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About Lota 4179

The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.

Lota has 1,319 properties. Over the last 5 years, Houses in Lota have seen a 73.31% increase in median value, while Units have seen a 80.12% increase. As at 31 October 2024:

  • The median value for Houses in Lota is $1,139,693 while the median value for Units is $912,269.
  • Houses have a median rent of $700 while Units have a median rent of $425.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Lota on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Lota.

Suburb Insights for Lota 4179

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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.