SOLD
Sold on 15 Feb 2024 for $506,000

39/137 Progress Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 139m2
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Property Details for 39/137 Progress Rd, Richlands

39/137 Progress Rd, Richlands is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 139m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Richlands in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
108m2
Land Size
139m2
Local Government
Brisbane
Lot/Plan
39/SP258137

Last Listing description (March 2024)



Welcome to Unit 39 at 137 Progress Road, Richlands. Perfectly positioned in the heart of Richlands, this townhouse is not only a haven of modern living but also a lucrative opportunity for discerning investors. With its prime location, top-notch amenities, and spacious floor deisgn, it promises both comfort for residents and a strong ROI for investors. Whether you're a city professional, a family, or an investor eyeing a valuable asset, this home delivers on all fronts. Nestled in the esteemed Richlands Villas and just a 20-minute drive from the city's vibrant heart, discover a lifestyle and investment where convenience is paramount.

FEATURES:
Prime Locality: Situated in Richlands, a sought-after area with a swift 20-minute drive to the city.
Transport: An 800m stroll to Richlands train station, ensuring easy commutes and high rental appeal.
Garage: A single lock-up garage ensuring security for your vehicle
Backyard Oasis: Good size, low maintenance, and shaded patio, perfect for relaxation and adding rental appeal.
Complex Amenities: A refreshing swimming pool, communal areas, and visitor parking within Richlands Villas, increasing its attractiveness to potential tenants.
Interior Comfort: 3 spacious bedrooms and 2 modern bathrooms, designed for contemporary living.
Highway Access: A 2-minute drive to Centenary Motorway onramps, ensuring smooth travels and convenience for residents.

Keep an eye out for scheduled Open Home times or contact the agent to arrange a private viewing. Must see to appreciate all the value it holds!

Please contact agent for more information.

Photos/Videos have been virtually staged.(Listing ID: 21126863 )

Property History for 39/137 Progress Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$506,000
15 Feb 2024
Listed for Rent
$360/w
21 Aug 2020
  • 15 Feb 2024
    Sold for $506,000
  • 05 Feb 2024
    Listed for Sale Not Disclosed
  • 29 Jun 2016
    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 2,904 properties. Over the last 5 years, Houses in Richlands have seen a 80.12% increase in median value, while Units have seen a 106.99% increase. As at 30 November 2024:

  • The median value for Houses in Richlands is $742,222 while the median value for Units is $612,135.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 20 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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Sharon Wendt
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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.