745 Formosa Road, Gumdale, QLD 4154 | Property Value & History | OnTheHouse
 
FOR SALE

745 Formosa Road
Gumdale QLD 4154

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Floor area: 276m2
Land area: 13140m2
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This property is currently on the market
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Property Details for 745 Formosa Rd, Gumdale

Building Type
Land
Year Built
1950
Floor Size
276m2
Land Size
13140m2
Local Government
Brisbane
Lot/Plan
116/RP33384

Last Listing description (May 2026)

Acreage in Gumdale is tightening. This is your opportunity to secure the land, location and scale - without paying for a finished product.

Set on approximately 3.7 acres, this corner position offers dual access and a level of flexibility that's increasingly hard to find. Whether you're looking for space, accessibility or the potential for a home-based business, the fundamentals here are strong.

At the centre of the property are two original double-brick dwellings under one roof, currently configured for dual living. The homes are solid but dated, presenting a clear opportunity to renovate, reconfigure or start agin and fully capitalise on the land.

This is not a polished acreage estate, and that's exactly why it represents value.

Surrounded by high-end homes and strong recent sales, this is the kind of property where the right buyer recognises the upside immediately.

KEY FEATURES:

- Approx. 3.7 acres (15,000m2) off usable land
- Prominent corner block with dual access
- Two double-brick dwellings (dual living potential)
- High exposure - ideal for home business, storage or future plans
- Positioned among premium acreage properties
- Gumdale State School catchment

Opportunities to secure acreage of this scale at an entry level are progressively rare.
We're running multiple opens over the coming days to give buyers a fair opportunity - if interest is strong, we'll be moving quickly.

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Property History for 745 Formosa Rd, Gumdale, QLD 4154

A timeline of how this property has performed in the market
Last Transferred
$393,000
25 May 2016
  • 30 Apr 2026
    Listed for Sale EXPRESS SALE
  • 11 Jun 2025
    Listed for Sale Under Contract
  • 13 Feb 2025
    Listed for Sale FOR SALE
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About Gumdale 4154

The size of Gumdale is approximately 4.5 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Gumdale in 2016 was 2118 people. By 2021 the population was 2298 showing a population growth of 8.5% in the area during that time. The predominant age group in Gumdale is 40-49 years. Households in Gumdale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Gumdale work in a professional occupation.In 2021, 91.80% of the homes in Gumdale were owner-occupied compared with 87.30% in 2016.

Gumdale has 686 properties. Over the last 5 years, Houses in Gumdale have seen a 73.47% increase in median value, while Units have seen a 185.91% increase. As at 30 April 2026:

  • The median value for Houses in Gumdale is $1,724,387 while the median value for Units is $949,139.
  • Houses have a median rent of $890.
There are currently 7 properties listed for sale, and 1 property listed for rent in Gumdale on OnTheHouse. According to Cotality's data, 26 properties were sold in the past 12 months in Gumdale.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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