SOLD
Sold on 25 Mar 2024 for $285,000

1/31 Nyanza Street
Woodridge QLD 4114

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 75m2
Sold By
Sam Proietto
The Public Trustee of Queensland
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Property Details for 1/31 Nyanza St, Woodridge

1/31 Nyanza St, Woodridge is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 75m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Woodridge in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
77m2
Land Size
75m2
Local Government
Logan City
Lot/Plan
1/BUP7077

Last Listing description (April 2024)

** currently considering all multiple offers submitted by deadline of 22.03.2024 **

Situated in a securely gated complex with beaut pool and tennis court within, the unit needs some T.L.C. but is ripe for the astute investor to harness a valuable income or provide an escape to live in and avoid rental costs yourself.

The accommodation comprises of 3 comfortable bedrooms (main with built-ins), central bathroom including toilet, skylight and laundry facilities, expansive lounge/dining off a semi-modern kitchen.

Placed at the end of a row of villas means you only have one connecting neighbour and more space around your residence whilst a carport completes this promising opportunity.
The Silvapine Villas community has reasonable body corporate fees, visitor parking and well-maintained amenities all just moments to major shopping centres, bus/train stations, parks and sporting faculties.

This ground level, brick and concrete tile unit has no tenants so buy and start upgrading to your heart's content knowing new roofing was added recently and the on-site amenities and location are superb attractions for this entity.

50 Units in Complex
12m x 6m Inground Pool

Lot: 1 BUP: 7077 Logan City Council
Rates: $1,110 qtrly (approx. with no discounts but water charges)
Body Corporate Fees: Admin=$770 and Sinking=$792 per quarter (approx. and subject to change)
Compliant smoke alarms have been installed.

Property History for 1/31 Nyanza St, Woodridge, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$285,000
25 Mar 2024
Listed for Rent
24 May 2019
  • 25 Mar 2024
    Sold for $285,000
  • 12 Mar 2024
    Listed for Sale 285,000.00 Neg
  • 22 Jun 2021
    Sold for $190,000
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About Woodridge 4114

The size of Woodridge is approximately 4.7 square kilometres. It has 21 parks covering nearly 8.1% of total area. The population of Woodridge in 2011 was 12,787 people. By 2016 the population was 12,571 showing a population decline of 1.7% in the area during that time. The predominant age group in Woodridge is 0-9 years. Households in Woodridge are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodridge work in a labourer occupation. In 2011, 39.6% of the homes in Woodridge were owner-occupied compared with 36.7% in 2016.

Woodridge has 5,448 properties. Over the last 5 years, Houses in Woodridge have seen a 122.79% increase in median value, while Units have seen a 99.05% increase. As at 31 October 2024:

  • The median value for Houses in Woodridge is $622,534 while the median value for Units is $393,731.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 40 properties listed for sale, and 20 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in Woodridge.

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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.