SOLD
Sold on 30 May 2024 for $520,000

111 Thorneside Road
Thorneside QLD 4158

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 417m2
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Property Details for 111 Thorneside Rd, Thorneside

Building Type
Land
Land Size
417m2
Local Government
Redland
Lot/Plan
305/RP14126

Last Listing description (July 2024)

Phone Enquiry ID: 226409

**** UNDER CONTRACT ****

With minimal traffic flows limited by the geographical boundary of Mooroondu point, this bayside beauty is blessed by its convenient location. Only a stone's throw away from the recently revamped Beth Boyd Park and walking distance to Trains / Busses all within a half hour drive to Brisbane's CBD.

It will surely tick all of the boxes leaving the only limitation to your creativity in architecture with the potential use of two street frontages and potential to see Bay Island / Water views upon a rooftop / 3rd Storey. Its recently established and ONLY south-boundary neighbour will leave minimal impact as you seclude yourself among the northern facing aspect.

Design Drafts and examples of 3 and 4 bedroom homes built to a similar footprint from local builders are available upon request.

At this price it simply won't last. Even if you spend the same again to build your bespoke home - 3&4 bedroom houses in the area are selling every day for well in excess of 1.2-1.5 million. Take advantage of this rare opportunity as blocks this close to the water are proven to be a rare find.

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THIS MOTIVATED VENDOR HAS ALREADY MADE A START WITH SOME SERVICE CONNECTIONS AND 3&4 BED SUITABLE HOUSE PLAN OPTIONS TO INSPIRE. YOU WONT FIND ANOTHER BLOCK THATS SO CLOSE TO THE WATER IN ALL OF BRISBANE AND PRICED AS LOW AS THIS*

Size 417.3m2 (32m Dual Frontages)
Lot/Plan RP14126
Council Redlands
Zoned Urban Freehold
Power YES
Water YES (Mains)
NBN YES (HFC up to 1000mbit)
Sewer TBC

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Property History for 111 Thorneside Rd, Thorneside, QLD 4158

A timeline of how this property has performed in the market
Last Sold
$520,000
30 May 2024
  • 30 May 2024
    Sold for $520,000
  • 10 Apr 2024
    Listed for Sale Contact seller

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About Thorneside 4158

The size of Thorneside is approximately 2.6 square kilometres. It has 14 parks covering nearly 15.4% of total area. The population of Thorneside in 2011 was 3,547 people. By 2016 the population was 3,772 showing a population growth of 6.3% in the area during that time. The predominant age group in Thorneside is 50-59 years. Households in Thorneside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorneside work in a professional occupation. In 2011, 65.8% of the homes in Thorneside were owner-occupied compared with 66% in 2016.

Thorneside has 1,837 properties. Over the last 5 years, Houses in Thorneside have seen a 78.97% increase in median value, while Units have seen a 95.40% increase. As at 30 September 2024:

  • The median value for Houses in Thorneside is $1,024,676 while the median value for Units is $614,703.
  • Houses have a median rent of $680 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 1 property listed for rent in Thorneside on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Thorneside.

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