3/137 Progress Road, Richlands, QLD 4077 | Property Value & History | OnTheHouse
OFF MARKET

3/137 Progress Road
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 139m2
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Property Details for 3/137 Progress Rd, Richlands

3/137 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 109m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Townhouse
Year Built
2015
Floor Size
109m2
Land Size
139m2
Local Government
Brisbane
Lot/Plan
3/SP254989

Last Listing description (January 2021)

Modern and spacious townhouse in a quiet Complex with North-facing aspect, making the living areas warm and light, all year round. Only 800m away is the Richlands Train and Bus Station offering a 20 minutes commute to the City. The Centenary Motorway on-ramps is a 2min drive away - easy access to the City and Ipswich and Gold Coast. There are 2 Shopping Centers within walking distance with Woolworths Supermarket, BWS liquor store, Anytime Fitness gym, Zaraffas Cafe and Medical Center and other popular fast food outlets. A new Shopping Retail outlet is currently being built in the old Masters Building right next door to the Complex.
This two storey unit is only 6 years old and has been well maintained.
It contains:

Fully equipped modern kitchen with stone bench tops
Electric Stove, Rangehood Exhaust fan and 4 x element Cook top
Electricity powered hot water
Economical dishwasher with multiple cycles to select from
Master bedroom with ensuite, large wardrobes and balcony overlooking backyard
Plus 2 more double bedrooms with BI closets
Main family bathroom with shower and bath-tub and toilet
Carpet upstairs and tiles throughout downstairs
Air conditioning unit downstairs in lounge
Ceiling fans in all bedrooms
Separate toilet downstairs
Internal separate laundry room which also opens to backyard
Small patio and easy to maintain backyard (lawn and garden) with laundry line - outdoor entertaining
Single Lock Up Garage
NBN ready
Good size communal in-ground swimming pool and facilities - maintained by Onsite Management
Body Corp levies are about $2800/year, Council rates about $1200/year

An excellent investment opportunity with long term tenants currently residing in the property. It is renting between $360 - $370/week and it is sought after by lots of renters as it is conveniently located and spacious. If preferred you can also enjoy the space yourself!

The photos and floorplan provide a great "first look" however you must see it to really appreciate it!

Please check on-line for Scheduled Open Homes - you will need to register by sending an email/text. We can also arrange a Private Viewing if you cannot make it to the scheduled Open Homes - please call/email to arrange

Property History for 3/137 Progress Rd, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$290,000
25 Nov 2020
Listed for Rent
$360/w
21 Feb 2016
  • 25 Nov 2020
    Sold for $290,000
  • 15 Oct 2020
    Listed for Rent $360 / week
  • 12 Oct 2020
    Listed for Sale Offers over $290,000
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About Richlands 4077

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 3,068 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:

  • The median value for Houses in Richlands is $895,721 while the median value for Units is $707,074.
  • Houses have a median rent of $645 while Units have a median rent of $630.
There are currently 15 properties listed for sale, and 19 properties listed for rent in Richlands on OnTheHouse. According to Cotality's data, 195 properties were sold in the past 12 months in Richlands.

Suburb Insights for Richlands 4077

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Cotality Copyright and Legal Disclaimers about Property Data
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.