232 Richardson RoadPark Avenue QLD 4701
Property Details for 232 Richardson Rd, Park Avenue
232 Richardson Rd, Park Avenue is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 622m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (December 2025)
Positioned in the sought-after suburb of Park Avenue, and only a short walk to Foodworks shopping precinct, this well-maintained duplex offers an exceptional opportunity for investors seeking secure returns and long-term growth.
Each of the two spacious units features:
2 generous bedrooms
Internal laundry for added convenience
Fully air-conditioned interiors for year-round comfort
Undercover car space for each residence
Both units are currently tenanted with long-term, reliable occupants, providing immediate income and peace of mind. The property produces generous rental returns, making it a standout addition to any investment portfolio.
Located close to schools, shops, transport and local amenities, this property combines low-maintenance living with high-performance investment appeal.
Don't miss this opportunity contact Gavan Bretz on 0424 947 475 today to arrange your private inspection or to request a detailed Information Memorandum.
Property History for 232 Richardson Rd, Park Avenue, QLD 4701
- 04 Nov 2025Listed for Sale Offers Over $599,000
- 23 Oct 2013Listed for Sale $325,000
- 03 Oct 2013Sold for $315,000
Recent sales nearby
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About Park Avenue 4701
The size of Park Avenue is approximately 4.6 square kilometres. There are 6 parks, covering nearly 12.0% of the total area. The population of Park Avenue in 2016 was 5094 people. By 2021 the population was 5292 showing a population growth of 3.9% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation.In 2021, 63.60% of the homes in Park Avenue were owner-occupied compared with 61.80% in 2016.
Park Avenue has 2,685 properties. Over the last 5 years, Houses in Park Avenue have seen a 127.48% increase in median value, while Units have seen a 73.63% increase. As at 31 May 2026:
- The median value for Houses in Park Avenue is $549,940 while the median value for Units is $444,661.
- Houses have a median rent of $550 while Units have a median rent of $380.
Suburb Insights for Park Avenue 4701
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