SOLD
Sold on 07 Aug 2023 for $253,000

2/124 Smith Road
Woodridge QLD 4114

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 73m2
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Property Details for 2/124 Smith Rd, Woodridge

2/124 Smith Rd, Woodridge is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 73m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 2 bedroom House sold in Woodridge in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
74m2
Land Size
73m2
Local Government
Logan City
Lot/Plan
2/GTP1969

Last Listing description (October 2023)

Here's an incredible chance to expand your portfolio with a promising property located at 2/124 Smith Road, Woodridge. This fantastic investment offers a 2-bedroom, 1-bathroom home with a convenient carport, presenting a lucrative opportunity.

Key Features for Investors:

- High Rental Potential: With its convenient location and appealing features, this property holds great rental potential. Currently rented for $320 per week, you can start earning rental income immediately.


- Low Maintenance Investment: This well-maintained home requires minimal upkeep, making it an ideal investment property. Save on expenses and enjoy a hassle-free investment with a property that is already generating income.

- Prominent Location: Woodridge is a highly sought-after area, offering easy access to amenities, schools, parks, and public transportation. Investors can benefit from the area's popularity and enjoy a steady demand for rental properties.

- Attractive Financials: Rates are approximately $850 per quarter, and strata fees are approximately $46 per week, ensuring the financials remain favorable for investors. Rental Appraisal $310 - $330pw.

- Potential for Capital Growth: Woodridge is a suburb that has been experiencing positive growth in recent years. By investing in this property, you can potentially benefit from future capital appreciation, increasing your overall return on investment.

For more information or to discuss this investment opportunity further, contact Savana McKenzie Team today.

Don't miss out on this chance to secure a profitable addition to your portfolio!

Disclaimer: Investors should conduct their own due diligence and research before making any investment decisions.

Property History for 2/124 Smith Rd, Woodridge, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$253,000
07 Aug 2023
Listed for Rent
$260/w
25 Feb 2021
  • 07 Aug 2023
    Sold for $253,000
  • 19 May 2023
    Listed for Sale OFFERS OVER $249,000
  • 11 Feb 2021
    Listed for Rent $273 / week
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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 5,480 properties.

    There are currently 29 properties listed for sale, and 18 properties listed for rent in Woodridge on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Woodridge.

    Suburb Insights for Woodridge 4114

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    Contact agent
    Savana Mckenzie
    Show contact details
    Ray White Marsden
    Preferred contact:
    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.