533 Waterford RoadEllen Grove QLD 4078
Property Details for 533 Waterford Rd, Ellen Grove
533 Waterford Rd, Ellen Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 11170m2 and floor size of 204m2.
Last Listing description (February 2024)
Welcome to 533 Waterford Road! This original home is hitting the market for the first time since it was built, presenting a rare opportunity in the highly sought-after suburb of Ellen Grove, adjacent to Forest Lake.
This gem offers an idyllic environment and close proximity to all essential amenities, making it perfect for those seeking a large acreage living home or investors looking for golden development potential. Located in one of South-West Brisbane's rapidly expanding regions, a mere 25 km from the CBD, 533 Waterford Road enjoys immediate access to Forest Lake's bustling retail and commercial hub, public transportation options, and recreational facilities.
Key Features:
Freehold Titles for Added Convenience
Situated within the thriving development corridor of Ellen Grove, this property holds immense promise as an emerging community.
Zoning: Emerging Community as per Brisbane City Council
Part of the South-West Brisbane Priority Growth Precinct
The main house offers the following features:
- Low-set original brick and tile home
- 4 bedrooms with three built-in wardrobes
- Large separate laundry
- Separate dining and formal dining room
- Large family room with air conditioning
- 2 x LUG and Large carport
- Large Workshop
- A private backyard overlooking nature provides a serene and enjoyable experience.
- Council Rate $663.70 per quarter
- Price guide: over 2 mil.
Additional Highlights include:
Positioned on the border of Forest Lake, with Forest Lake State School a mere 150 meters away.
Local Shopping Centre within a comfortable 500-meter walking distance.
Forest Lake Child Care Centre conveniently located approximately 400 meters away.
Directly opposite a public park, enhancing the serene setting.
Easy access to key transportation routes and 25km away from Brisbane CBD.
A short 5-minute drive to Forest Lake Village Shopping Centre.
Proximity to a beautiful lake, offering scenic walking tracks and a playground.
Public transport is conveniently accessible from the location, with Richlands train station just a 3-minute drive away and buses within a short walking distance.
This outstanding location boasts close proximity to local primary schools, Forest Lake High School, and a few minutes' drive to Forest Lake Shopping Centre, Inala Shopping Centre, as well as easy access to Centenary, Logan and Ipswich Motorways.
Another option: The property next door is also up for sale, giving you the chance to secure two large lots together (525 & 533 Waterford Road). This would provide you with a total land area of 2.29 hectares (22,900 square meters). For more information, please call Hugh on 0411044095.
Property History for 533 Waterford Rd, Ellen Grove, QLD 4078
- 20 Jul 2023Listed for Sale POA
Recent sales nearby
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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 1,575 properties. Over the last 5 years, Houses in Ellen Grove have seen a 181.49% increase in median value, while Units have seen a 175.18% increase. As at 31 May 2026:
- The median value for Houses in Ellen Grove is $878,386 while the median value for Units is $797,988.
- Houses have a median rent of $628 while Units have a median rent of $575.
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