OFF MARKET

61/61 Orchard Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 61/61 Orchard Rd, Richlands

61/61 Orchard Rd, Richlands is a 3 bedroom, 2 bathroom Townhouse.

Building Type
Townhouse
Local Government
Brisbane

Last Listing description (March 2022)

U61/110 ORCHARD RD

This beautiful 10 years townhouse is in a very convenient location, inner corner quiet street but close to everything, 2 minutes drive to Richlands Plaza, 5minutes drive to Inala Shopping centre, 2 minutes to HomeCo Richlands, schools, coffee shops, restaurants, the Good life Gym, the Woolworth, the Fresh&Save supermarket, Woolworth supermarket, the childcare, the beauty salon, the renovated Lion Club are all close around it. 7 minutes walk away to the Richlands train station, easy access to the Ipswich Highway, M7 and M5, 20 min drive to Brisbane City.

This modern townhouse is low maintenance of well managed by onsite managers, has very affordable body corporate fees, a remote-controlled single garage, separate laundry and open living/dining and kitchen area and stainless-steel appliances in the kitchen. Good returns for zero tenancy with $370-$375 rental income per week. Please note currently this property is under tenancy to Feb 2023.

Features:
Master bedroom with big built-in wardrobe and modern en-suite
3 generous bedrooms, all with ceiling fans & built-ins
Two air conditioners for main bedroom and living area downstairs
Modern kitchen with stainless steel appliances and dishwasher
Single remote controlled garage
Spacious open plan living area
large beautiful backyard maintained by tenants
Public cristal pool
Low body corp fees - $56.8 per week
Rental income - $370 p/w
Onsite management 7/24 service with a long term lease agreement to 2023

**Please note the photos are from a current tenancy and should be used as a guide only**

Don`t miss out, just pick up your phone and call Mandy 0403199365 for more details and book a private inspection ASAP.

ID:21087823

Property History for 61/61 Orchard Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
  • 27 Jan 2022
    Listed for Sale Offers Over $338K

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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.

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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.