OFF MARKET

38/137 Progress Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 139m2
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Property Details for 38/137 Progress Rd, Richlands

38/137 Progress Rd, Richlands is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 139m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Townhouse
Year Built
2015
Land Size
139m2
Local Government
Brisbane
Lot/Plan
38/SP258137

Last Listing description (January 2023)

38/137 Progress Rd, Richlands

This property comes to market in a fantastic location, ideal for investors. Modern living with an
updated tiled floor throughout the lower level, having a large, updated kitchen with plenty of

bench space and storage. The property boasts a quaint courtyard with plenty of privacy and
enough space for a pet.

Upstairs offers three huge bedrooms all with built in robes and ceiling fans for comfort. The
master is grand in size with its own large en suite for comfort. This property offers a unique
feeling set in a quite estate with swimming pool. Located close to all amenities, walking distance
to shops bus and train stations.

Features Include:
Three generous bedrooms the master with ensuite
Large modern family bathroom
Great sized living space
Dedicated dining area
Spacious kitchen with ample bench space & storage
Good laundry space
Toilet downstairs
Fully fenced outdoor space
Single lock up garage
Current Weekly Rent: $370 per week
Rental Appraisal: $420 to $450 per week
Tenants lease in place until Mar 2023
Fees:
Body Corp: $740 per quarter (roughly)
Rates: $430 per quarter (roughly)

Call Ricky Li on 0451 413 257 or email ricky.li@raywhite.com

Disclaimer:
Ray White Forest Lake has taken all reasonable steps to ensure that the information in this
advertisement is true and correct but accept no responsibility and disclaim all liability in respect
to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should
make their own inquiries to verify the information contained in this advertisement.

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Property History for 38/137 Progress Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$350,000
31 Oct 2022
Listed for Rent
$370/w
09 Nov 2015
  • 31 Oct 2022
    Sold for $350,000
  • 29 Jul 2022
    Listed for Sale Offer Now !!
  • 05 Nov 2015
    Listed for Rent - Price not available
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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 16 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 180 properties were sold in the past 12 months in Richlands.

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