SOLD
Sold on 14 May 2024 for $2,750,000

16 Saunders Street
Raceview QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2322m2
Land area: 8267m2
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Property Details for 16 Saunders St, Raceview

Building Type
Land
Floor Size
2322m2
Land Size
8267m2
Local Government
Ipswich
Lot/Plan
7/SP204706

Last Listing description (May 2023)

The industrial block is approximately 40 minutes from the Brisbane CBD and benefits from direct access onto the Cunningham Highway. The site is surrounded by a large residential catchment zone and sits next to the Raceview Bunnings Trade Warehouse.

The property includes:

- 8,267sqm site area (Local Business/Industrial zoning)
- Regular shape block
- Flood free
- Power, sewer & water on site
- High Exposure onto the Cunningham Highway

For further details, please contact the Exclusive Agents CBRE today.

Property History for 16 Saunders St, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$2,750,000
14 May 2024
  • 14 May 2024
    Sold for $2,750,000
  • 05 Mar 2021
    Sold for $946,000
  • 25 Sep 2017
    Listed for Sale Not Disclosed
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,449 properties. Over the last 5 years, Houses in Raceview have seen a 94.57% increase in median value, while Units have seen a 83.56% increase. As at 31 August 2024:

  • The median value for Houses in Raceview is $659,172 while the median value for Units is $380,623.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 11 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Raceview.

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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.