25/137 Progress Rd, Richlands is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 139m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom Townhouse sold in Richlands in the last 12 months.
This property comes to market in a fantastic location, ideal for investors. Modern living with an
updated tiled floor throughout the lower level, having a large, updated kitchen with plenty of
bench space and storage. The property boasts a quaint courtyard with plenty of privacy and
Features Include:
Three generous bedrooms the master with en suite
Large modern family bathroom
Great sized living space
Dedicated dining area
Spacious kitchen with ample bench space & storage
Good laundry space
Toilet downstairs
Fully fenced outdoor space
Single lock up garage
Current Weekly Rent: $515 per week
Rental Appraisal: $550 to $560 per week
Tenants lease in place until May 2025
Fees:
Body Corp: $800 per quarter (roughly)
Rates: $480 per quarter (roughly)
Call Ricky Li on 0451 413 257 or email ricky.li@raywhite.com
Disclaimer:
Ray White Forest Lake has taken all reasonable steps to ensure that the information in this
advertisement is true and correct but accept no responsibility and disclaim all liability in respect
to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should
make their own inquiries to verify the information contained in this advertisement.
The size of Richlands is approximately 5.0 square kilometres. It has 5 parks covering nearly 8.0% of total area. The population of Richlands in 2016 was 3598 people. By 2021 the population was 5621 showing a population growth of 56.2% in the area during that time. The predominant age group in Richlands is 20-29 years. Households in Richlands are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Richlands work in a professional occupation.In 2021, 26.30% of the homes in Richlands were owner-occupied compared with 31.70% in 2016.
Richlands has 3,066 properties. Over the last 5 years, Houses in Richlands have seen a 110.90% increase in median value, while Units have seen a 134.39% increase. As at 30 November 2025:
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