OFF MARKET

288 Archerfield Road
Richlands QLD 4077

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 30 Sep 2024
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Property Details for 288 Archerfield Rd, Richlands

288 Archerfield Rd, Richlands is a 2 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Brisbane

Last Listing description (July 2017)

This recently renovated two-bedroom family home boasts a fresh kitchen, bathroom and lovely living and entertaining spaces. To the rear of the property is an un-renovated large, freestanding, fully self-contained granny flat of similar construction to the main house. This is an ideal property for growing families and investors alike, with plenty of exciting opportunities to capitalise on your investment.
This is a solid home with cavity brick internal walls and iron roof. Situated on a 607sqm LMR zoned block, this property also represents an exciting investment in the addition of three two-bedroom apartments above the existing home. Investors please be aware that appropriate Brisbane City Council checks and approvals would need to be made to ensure the current structure is suitable for this development. Richlands is a rapidly developing industrial area, which will require additional housing development in the future to meet with rising demand.
Features include:

* Full renovation of the home internally
* Extra-large master bedroom
* Beautiful functional kitchen with granite bench-tops, stainless steel appliances and plenty of storage
* Large dining and living area with open brick fireplace
* Bar included in the dining area
* Private undercover courtyard to the side of the property, stepping out from living area
* Fully tiled kitchen and living areas, carpets to the bedrooms
* Internal access through single lock-up garage
* Granny flat includes bathroom, kitchenette, bathroom, living and dining room
Convenient to local amenities including Woolworths and shopping centre, public transport and schools.

Property History for 288 Archerfield Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
  • 04 Apr 2017
    Listed for Sale Offers Over $420,000
  • 10 Mar 2017
    Listed for Sale OFFERS OVER $430,000
  • 14 May 2015
    Listed for Sale $419,000

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About Richlands 4077

The size of Richlands is approximately 5 square kilometres. It has 5 parks covering nearly 8% of total area. The population of Richlands in 2011 was 2,077 people. By 2016 the population was 3,606 showing a population growth of 73.6% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richlands work in a professional occupation. In 2011, 43.2% of the homes in Richlands were owner-occupied compared with 31.7% in 2016.

Richlands has 2,895 properties. Over the last 5 years, Houses in Richlands have seen a 82.96% increase in median value, while Units have seen a 83.12% increase. As at 30 September 2024:

  • The median value for Houses in Richlands is $745,992 while the median value for Units is $584,093.
  • Houses have a median rent of $570 while Units have a median rent of $560.
There are currently 22 properties listed for sale, and 12 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Richlands.

Suburb Insights for Richlands 4077

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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.