The property is located on Westgate Street, Wacol which is approximately 18 radial kilometres south west of the Brisbane CBD. The property will benefit from the new Metroplex at Westgate Development which will see the Wacol/Richlands Boundary Road connection, due to be completed later this year. The site has outstanding access to all major arterials including the Logan Motorway, Ipswich Motorway and Centenary Highway.
Features of the property include:
The size of Wacol is approximately 18.2 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Wacol in 2011 was 2,957 people. By 2016 the population was 3,774 showing a population growth of 27.6% in the area during that time. The predominant age group in Wacol is 20-29 years. Households in Wacol are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wacol work in a trades occupation. In 2011, 61.3% of the homes in Wacol were owner-occupied compared with 45.4% in 2016.
Wacol has 705 properties. Over the last 5 years, Houses in Wacol have seen a 143.88% increase in median value, while Units have seen a 46.67% increase. As at 31 October 2024:
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