55/31 James Edward Street, Richlands, QLD 4077 | Property Value & History | OnTheHouse
OFF MARKET

55/31 James Edward Street
Richlands QLD 4077

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 152m2
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Property Details for 55/31 James Edward St, Richlands

55/31 James Edward St, Richlands is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 152m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2017
Floor Size
116m2
Land Size
152m2
Local Government
Brisbane
Lot/Plan
55/SP290397

Last Listing description (August 2026)

Set in a private corner position within a well-maintained Richlands complex, 55/31 James Edward Street offers generous proportions, a genuine double garage and an easy, low-maintenance layout across two levels.

Now positioned from $845,000, with offers invited, the home is owner occupied and can be offered with vacant possession at settlement, giving buyers the flexibility to move straight in or secure a well-located investment.

Downstairs, the kitchen, living and dining areas come together in a practical open-plan design, with plenty of natural light and direct access to the covered patio and private courtyard. The kitchen is finished with stone benchtops, gas cooking, quality appliances and excellent storage.

Upstairs are three well-proportioned bedrooms, each with air-conditioning, ceiling fans and built-in storage. The master is particularly generous, with its own walk-in robe and private ensuite.

One of the home's real advantages is the large double remote garage, providing space for two vehicles as well as additional storage. A downstairs powder room, solar system and split-system air-conditioning throughout add to the everyday practicality, while residents also have access to the complex swimming pool and recreational facilities.

Property features:
* Desirable corner position with additional privacy
* Three spacious bedrooms with built-in storage
* Generous master bedroom with walk-in robe and ensuite
* Air-conditioning to every bedroom and living area
* Modern kitchen with stone benchtops and gas cooking
* Open-plan living and dining
* Covered outdoor entertaining area
* Private, low-maintenance courtyard
* Large double remote garage with additional storage
* Downstairs powder room
* Solar power system
* Ceiling fans throughout
* Complex sparkling inground swimming pool and recreational facilities
* Owner occupied with vacant possession available at settlement
* Wonderful investment with weekly return in the range of $750 to $795 p/w

Located approximately 22km from the Brisbane CBD, the property is well connected to Richlands Train Station, bus services and the Centenary and Ipswich Motorways.

Richlands Plaza, Forest Lake Shopping Centre, schools, childcare, cafes and local parklands are also within easy reach, making the location practical for both owner occupiers and tenants.

Newly available, this is an excellent opportunity to secure a spacious, well-presented corner townhouse with the added benefit of a double garage in a convenient Richlands location.

Contact us to arrange your inspection or join us at the next open home.

Property History for 55/31 James Edward St, Richlands, QLD 4077

A timeline of how this property has performed in the market
Last Sold
$499,000
30 Oct 2023
  • 21 May 2026
    Listed for Sale $845,000 + OFFERS INVITED
  • 30 Oct 2023
    Sold for $499,000
  • 05 May 2017
    Sold for $369,900
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About Richlands 4077

The size of Richlands is approximately 5.0 square kilometres. There are 5 parks, covering nearly 8.0% of the 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 3,074 properties. Over the last 5 years, Houses in Richlands have seen a 96.83% increase in median value, while Units have seen a 140.45% increase. As at 31 August 2026:

  • The median value for Houses in Richlands is $988,741 while the median value for Units is $801,824.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Richlands on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Richlands.

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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.