40 Wareela St, Murarrie is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 598m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
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Nestled within the thriving suburb of Murarrie, 40 Wareela Street stands as a testament to refined updates and enduring charm. This property embodies opportunity in one of Brisbane's fastest-growing neighborhoods.
Boasting a substantial 598sqm lot, this home is primed for immediate occupancy. It appeals to a diverse range of buyers - from young couples or families seeking a unique entry into this sought-after locale, to downsizers craving the comforts of a genuine home, dual living buyer/family, and investors eyeing a solid return.
Adding to the appeal of this home is the self-contained studio downstairs, complete with two separate rooms, kitchenette and bathroom. Access out onto the rear patio gives it that private feeling. Ideal for home office needs, business or the teenager get away!
A renovated 1980's home has without a doubt become just as popular as a brand-new modern home, if not more! Residences in this area are tightly held, especially those with as sizeable land as this one, so do not miss your chance here.
Property Features:
Upstairs:
- Three generously sized bedrooms, all with built-in-robes, shutters and ceiling fans
- Open plan living/kitchen/dining creating the hub of the household
- Hardwood timber floors throughout
- Modern kitchen with electric cooking including dishwasher
- Main bathroom with separate toilet
- Large rear covered entertaining deck overlooking the lush yard and trees
- Air-conditioning and shutters in the living upstairs
Downstairs:
- Self contained studio with two MPR rooms, kitchenette, living, bathroom, separate toilet and laundry
- Large patio area under deck
- Perfect set up for home office with 3 points of entry
Extras:
- Fully fenced 598sqm block
- Two carports front and rear
- Large storage area/workshop at the front
Rates & Return:
- Estimated Rental Return: * $725.00 - $765.00 per week.
- Council Rates: Approx $471.19 per quarter.
Location:
15* minute drive to Brisbane CBD
8* minute drive to Oxford St, Bulimba
10* minute drive to Brisbane Airport
12* minute drive to Westfield Carindale
5* minute drive to local shops: Woolworths, Coles, TK Maxx, Bunnings + more
4* minute drive to Brewdog
Local schools include: Murarrie S/S, Balmoral State High, Cannon Hill Anglican College, St Oliver Plunkett
4* minute walk to Murarrie Train Station
2* minute walk to local bus stops
4* minute walk to local caf&aecute; Sonny’s
Contact #1 Team Hansom
Deanne Hansom | 0403 066 191
Ashleigh Hansom | 0448 742 538
* = Approximate
The size of Murarrie is approximately 9.4 square kilometres. It has 18 parks covering nearly 10.7% of total area. The population of Murarrie in 2016 was 4303 people. By 2021 the population was 4946 showing a population growth of 14.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation.In 2021, 62.30% of the homes in Murarrie were owner-occupied compared with 62.80% in 2016.
Murarrie has 2,651 properties. Over the last 5 years, Houses in Murarrie have seen a 87.52% increase in median value, while Units have seen a 73.99% increase. As at 30 November 2025:
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