SOLD
Sold on 05 Jun 2024 for $610,000

48/31 James Edward Street
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
Land area: 152m2
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Property Details for 48/31 James Edward St, Richlands

48/31 James Edward St, Richlands is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2017. The property has a land size of 152m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in Richlands in the last 12 months.

Building Type
Townhouse
Year Built
2017
Floor Size
110m2
Land Size
152m2
Local Government
Brisbane
Lot/Plan
48/SP290396

Last Listing description (July 2024)

This great townhouse property is just perfect for the first home buyer or the astute investor.

Situated in the up and coming suburb of Richlands and handy to everything that the area has to offer. Just a short drive to the new Richlands train station, The recently built Richlands HomeCo. shopping centre, which has a Supermarket, Gym, Childcare Centre and other boutique shops plus you're just minutes to Richlands Plaza, which also has a major Supermarket, Bakery, Bottle shop and Coffee shops plus lots more.

Features of this townhouse include:

3 bedrooms all with built-in robes
Master with ensuite & air conditioning
Stylish kitchen with Dishwasher
Open plan living and dining
Currently vacant and ready for new owners to move straight in, Rental appraisal approximately $600-620 per week.

Body corp is approximately $3100 every 12 months or $59.61 per week
Council Rates are approximately $1925 per year or $36.99 per week
Water rates are approximately $1222.00 per year or $23.50 per week (set to fluctuate with the amount of water used)

With everything at your finger tips and only 35 minutes to Brisbane's CBD this wonderful townhouse could just be the property you've been waiting for?

Contact Matthew Groves to arrange a private inspection today.

Be sure to follow us on social media and liking us on Facebook & Instagram at 'ilookproperty brisbane'.

Disclaimer: In preparing this information we have used our best endeavours to ensure that all the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein

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Property History for 48/31 James Edward St, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$610,000
05 Jun 2024
Listed for Rent
$660/w
18 Jun 2024
  • 05 Jun 2024
    Sold for $610,000
  • 22 May 2024
    Listed for Sale Offers Above $599,000
  • 26 Mar 2024
    Listed for Rent $660 / week
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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 2,906 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 19 properties listed for rent in Richlands on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Richlands.

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