481 Waterford Road, Ellen Grove, QLD 4078 | Property Value & History | OnTheHouse
OFF MARKET

481 Waterford Road
Ellen Grove QLD 4078

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 10775m2
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Property Details for 481 Waterford Rd, Ellen Grove

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.

Building Type
House
Year Built
2005
Land Size
10775m2
Local Government
Brisbane
Lot/Plan
84/RP90233

Last Listing description (June 2025)

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)

- Corner block of Bagnall Street and Waterford Road
- Freehold Titles
- Dual Street Frontage
- Numerous Development Options
- South-West Brisbane Priority Growth Precinct
- Brisbane City Council
- Zoned Emerging Community
- 5 mins drive to the Forest Lake Village Shopping Centre
- Handy to schools, 1.35Km to Grand Avenue State & 2.5Km to Forest Lake State School
- Short distance to the beautiful lake with walking tracks and playground
- 3min drive to Richlands station and 25min ride to the City CBD
- Ellen Grove is in a strategic position at the junction of 3 main highways
(Logan, Centenary & Ipswich Motorways)

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.

Property History for 481 Waterford Rd, Ellen Grove, QLD 4078

A timeline of how this property has performed in the market
Last Sold
$1,400,000
03 Mar 2016
  • 01 Feb 2019
    Listed for Sale Awaiting Price Guide
  • 03 Mar 2016
    Sold for $1,400,000
  • 21 Feb 2016
    Listed for Sale $1,500,000 neg
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About Ellen Grove 4078

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:

  • The median value for Houses in Ellen Grove is $932,274 while the median value for Units is $839,087.
  • Houses have a median rent of $615 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and no properties listed for rent in Ellen grove on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in Ellen grove.

Suburb Insights for Ellen Grove 4078

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.