OFF MARKET

14/16 Forest Street
Woodridge QLD 4114

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 181m2
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Property Details for 14/16 Forest St, Woodridge

14/16 Forest St, Woodridge is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 181m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1983
Floor Size
59m2
Land Size
181m2
Local Government
Logan City
Lot/Plan
19/GTP1082

Last Listing description (August 2023)

This lovely 2 bedroom single level apartment/unit had a bit of a makeover in recent times and is now on the market for sale!

Featuring:
- 2 built in bedrooms

- Decent sized open plan lounge, dining & kitchen with raked timber ceilings
- Combined bathroom and laundry (makes for a larger space overall than smaller individual rooms)
- Security screens throughout
- Single carport
- Full length covered rear patio / entertaining area
- Approximate rental return you could achieve in the current market is $325 - $335 per week

With low Body Corp fees of approx. $370.00 per quarter this really is a cheap investment to start your portfolio!

To find out more or arrange an inspection of this property please reach out to Nick or any of the team @ Edge Property. At this time we do like to note that whilst we will make every attempt to arrange inspection times to suit you we are also very respectful of the tenants living at the property. After all, it is their home and we want to make sure that we do the right thing for all involved.

Property History for 14/16 Forest St, Woodridge, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$242,000
16 Jul 2023
Listed for Rent
$265/w
28 Feb 2014
  • 16 Jul 2023
    Sold for $242,000
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 28 Feb 2014
    Listed for Rent - Price not available
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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 5,487 properties. Over the last 5 years, Houses in Woodridge have seen a 130.81% increase in median value, while Units have seen a 95.62% increase. As at 31 August 2024:

  • The median value for Houses in Woodridge is $618,692 while the median value for Units is $376,703.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 42 properties listed for sale, and 30 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 339 properties were sold in the past 12 months in Woodridge.

Suburb Insights for Woodridge 4114

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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.