11/87 Russell TerraceIndooroopilly QLD 4068
Property Details for 11/87 Russell Tce, Indooroopilly
11/87 Russell Tce, Indooroopilly is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 229m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Last Listing description (April 2018)
This is the ultimate cash cow! Positive cash flow AFTER Body Corps and BCC Rates in the high growth suburb of Indooroopilly!! It does not get any better than this. Hurry and inspect this stylish, newly repainted townhouse in this highly sought after suburb so close to everything. Ideal investment, first home or down sizer. Our sellers have bought elsewhere and are ready to move before Christmas. Make no mistake, this is the hottest listing on our books.
Located in popular Indooroopilly Woods, this townhouse is literally just metres from the very high ranking Indooroopilly State School and falls within the Indooroopilly High School catchment. Here you are also a mere 1.7km drive to Indooroopilly Shopping Centre and the bus stop to the city is a lazy 600m walk via Moore Park. This is a highly convenient address indeed.
Within a well maintained, family friendly complex of 27, this townhouse is located at the top end of the development close to the pool. For those appreciating good security, the whole estate is gated. And the best part is that the whole complex is currently being externally painted (fully funded via the sinking fund) to modernise the site. The new navy and white colour scheme looks fresh and stylish. What a bonus!
Property Summary:
3 bedrooms / 2 bathrooms;
Powder room;
Swimming pool and BBQ facilities available within complex;
Gated security;
Gardens and facilities well maintained;
Newly repainted in navy and white;
Single lock up garage with automatic roller door;
Air conditioning throughout;
Pet friendly complex;
Body Corporate Fees: $1,038 / Qtr;
Sinking Fund: $76,231.08 (as at November 2017);
Council Rates: $374.63 / Qtr
You will not find a property offering this much value anywhere else in Indooroopilly. Put this one straight to the top of your list! Must inspect SATURDAY.
Property History for 11/87 Russell Tce, Indooroopilly, QLD 4068
- 25 Feb 2018Sold for $422,500
- 10 Nov 2017Listed for Sale $439,000
- 02 Mar 2008Listed for Sale 398500
Recent sales nearby
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0About Indooroopilly 4068
The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2016 was 12242 people. By 2021 the population was 13622 showing a population growth of 11.3% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation.In 2021, 53.70% of the homes in Indooroopilly were owner-occupied compared with 51.00% in 2016.
Indooroopilly has 6,992 properties. Over the last 5 years, Houses in Indooroopilly have seen a 62.58% increase in median value, while Units have seen a 106.29% increase. As at 30 April 2026:
- The median value for Houses in Indooroopilly is $1,900,411 while the median value for Units is $993,125.
- Houses have a median rent of $850 while Units have a median rent of $700.
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