481 Waterford Rd, Ellen Grove is a 2 bedroom, 0 bathroom House and was built in 2005. The property has a land size of 10775m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Representing an exciting opportunity for the investor, developer or owner occupier to acquire this unique land offering, 481 Waterton Road is situated in one of South-West Brisbane's rapidly expanding regions, 25 km to City CBD. The property is in immediate proximity to Forest Lakes retail and commercial core, public transport and recreational amenities.
The property has development potential. It is zoned 'Emerging Community' and located in the development corridor of Ellen Grove with some residential development already commenced next door and along the street.
- Site Area: 1.08Ha (10800m2)
Existing House Featuring:
- 4 bedrooms brick and tiles home
- 2 baths and plenty of car spaces
- Separate laundry
- Separate dining and formal dining room
- Large double garage workshop shed
- Currently tenanted
This is a great opportunity for land banking or development. With new house's and subdivided land sites selling in the area fast, don't miss out on this opportunity.
For more information, please contact the selling agents Liem Tran 0403085955
All areas are approximate. Interested parties are advised to conduct their own independent due diligence.
The size of Ellen Grove is approximately 3.4 square kilometres. There are 8 parks, covering nearly 2.6% of the total area. The population of Ellen Grove in 2016 was 2906 people. By 2021 the population was 3586 showing a population growth of 23.4% in the area during that time. The predominant age group in Ellen Grove is 20-29 years. Households in Ellen Grove are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ellen Grove work in a labourer occupation.In 2021, 29.30% of the homes in Ellen Grove were owner-occupied compared with 31.50% in 2016.
Ellen Grove has 1,576 properties. Over the last 5 years, Houses in Ellen Grove have seen a 177.49% increase in median value, while Units have seen a 172.14% increase. As at 30 June 2026:
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