31/50 James Edward StRichlands QLD 4077
Property Details for 31/50 James Edward St, Richlands
31/50 James Edward St, Richlands is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2021. The property has a land size of 7453m2 and floor size of 101m2.
Last Listing description (February 2021)
City Views is a fully planned and integrated Estate comprising 35 x 3 Bedroom Townhouses
in the Centre of Richlands, only 14kms from Brisbane CBD and 5kms from Sunnybank Town Centre and Marketplace.
Immediate access in minutes to all amenties including schools, all transport and shopping centres.
The new Townhouse construction qualifies for the first home Buyer Grant and Independent written rent appraisal
confirms rental of $355- $365 per week for the investor giving a yield return of 5.1%.
Please call Mike to inspect 0404 498968
Property History for 31/50 James Edward St, Richlands, QLD 4077
- 18 Feb 2021Listed for Sale $360,000 New 3 Bed Townhouse Richlands
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0About 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 2,819 properties. Over the last 5 years, Houses in Richlands have seen a 85.58% increase in median value, while Units have seen a 92.28% increase. As at 31 October 2024:
- The median value for Houses in Richlands is $758,964 while the median value for Units is $589,131.
- Houses have a median rent of $618 while Units have a median rent of $580.
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