OFF MARKET

386 Freeman Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 111m2
Land area: 3077m2
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Property Details for 386 Freeman Rd, Richlands

386 Freeman Rd, Richlands is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 3077m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1950
Floor Size
111m2
Land Size
3077m2
Local Government
Brisbane
Lot/Plan
50/SP310014

Last Listing description (December 2021)

And this is your chance to maximise exactly that. Richlands is one of the fast-growing suburbs in South East Queensland and these 2 blocks with direct access to arterial roads and less than 20k to Brisbane CBD canrsquo;t help but make you money. In fact if you are thinking of developing and the investment return or a business venture (SCA) for the future, the scope of possibilities is only limited by your imagination.There is a DA Approval for Subdivision in place for 2 separate allotments.Lot 1 has driveway access from Freeman Road and is situated on a 682m2 currently with an unsalvageable Fibro home (ready for removal). Lot 2 has driveway access from Natalie Street and Mario Close and is situated on a 339m2 towards the back of the property and surrounded by NEW builds. Both allotments offer a range of options for those with vision and initiative so donrsquo;t miss this great opportunity to purchase in the heart of Richlands. I invite you to consider the options and call me today to discuss how I can assist you to make the most of the amazing potential on offer. You name the price and I guarantee you the owner is serious about considering all genuine proposals. Call now.*Please note development opportunities are subject to required approvals.Disclaimer:All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.Note: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. However we cannot guarantee its accuracy and interested parties should rely on their own enquiries.

Property History for 386 Freeman Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$465,000
18 Nov 2021
  • 18 Nov 2021
    Sold for $465,000
  • 09 Sep 2021
    Listed for Sale Auction

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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.

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.