OFF MARKET

33/110 Orchard Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 129m2
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Property Details for 33/110 Orchard Rd, Richlands

33/110 Orchard Rd, Richlands is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 129m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Townhouse
Year Built
2011
Floor Size
113m2
Land Size
129m2
Local Government
Brisbane
Lot/Plan
33/SP239045

Last Listing description (December 2020)

This three-bedroom townhouse will impress the savvy investor with low maintenance surrounds and a good tenant. Currently returning $280 per week plus an additional $10,000 through the NRAS scheme. This property is positively geared and ready to be a long-term investment opportunity. The cavity brick dwelling has internal access through a single lock up garage. Upon entering the main level of the property, you are greeted by a large open plan living and dining area off the U-shaped kitchen. The kitchen provides ample storage and quality appliances, this level is also serviced by a toilet and split system air conditioner. Upstairs a 3.7m x 3.5m master bedroom boasts an ensuite, all bedrooms are carpeted underfoot with built in robes and one of the bedrooms has a split system air conditioner. The thriving community is run by an onsite manager, there is a pool and communal seating area that can be used by any of the residents. Located in a convenient location 1.5km to Richlands bus and train station, restaurants, 500m to RIchlands Plaza, 2.5km to Inala Plaza which holds some of Brisbanersquo;s best farmers markets every day, fish markets, Durack School and only 26 minutes drive to Brisbane CBD.- Long term tenant- Onsite manager - 7% return on investment- Spacious townhouse- Moments from Inala Plaza - Lock up garage - Air conditionedContact your selling agent Brock Ward to secure your inspection today.

Property History for 33/110 Orchard Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$233,000
31 Aug 2020
  • 31 Aug 2020
    Sold for $233,000
  • 12 Aug 2020
    Listed for Sale Sold
  • 16 Jan 2020
    Listed for Sale $255,000 - CALL TO INSPECT
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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 2,819 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.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 179 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.