35/400 Ruffles RoadWongawallan QLD 4210
Property Details for 35/400 Ruffles Rd, Wongawallan
35/400 Ruffles Rd, Wongawallan is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 236m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Townhouse sold in Wongawallan in the last 12 months.
Last Listing description (May 2015)
Here is a chance for investors to secure a very rare positive geared property with secure income source. The property can either be leased out to anyone from the public (as a normal rental property) or you can live in this yourself making this very, very affordable home.
This hilltop property features:
- 2 bedrooms
- Split system air-conditioner
- Bathroom with spa bath + separate toilet
- Fully functional kitchen
- Large outdoor balcony
- Laundry
- Electronic gated estate
- Facilities include swimming pool & tennis court
Live in there yourself:
Should you wish to live in there yourself, the only expenses are body corporate fees, council rates and building insurance as below.
Rent it out:
Should you wish to rent this property out as as investment, below are the figures for you:
Yearly rental income = $15,600.00 ($300 per week)
LESS yearly expenses:
Body corporate fees = $4,063.40 (Admin Fund $2,772.32 + Sinking Fund
$1,291.08)
Council rates = $1,844.60
Building Insurance = $170.49
Rental Management fee = $1,458.60
NETT INCOME approx = $8,062.91
Borrowing funds?:
- Current known lenders include: Suncorp, ANZ and Bank of Queensland.
- Due to smaller land size, banks will lend 50 - 60% of the sale price.
Cash or equity in other property will be required for the balance.
Property History for 35/400 Ruffles Rd, Wongawallan, QLD 4210
- 13 Feb 2025Sold for $615,000
- 24 Apr 2019Sold for $223,000
- 31 Mar 2015Listed for Sale $180,000
Recent sales nearby
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0About Wongawallan 4210
The size of Wongawallan is approximately 32.9 square kilometres. It has 10 parks covering nearly 5.2% of total area. The population of Wongawallan in 2016 was 1273 people. By 2021 the population was 1415 showing a population growth of 11.2% in the area during that time. The predominant age group in Wongawallan is 40-49 years. Households in Wongawallan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wongawallan work in a professional occupation.In 2021, 90.10% of the homes in Wongawallan were owner-occupied compared with 87.10% in 2016.
Wongawallan has 588 properties. Over the last 5 years, Houses in Wongawallan have seen a 98.08% increase in median value, while Units have seen a 136.34% increase. As at 30 November 2025:
- The median value for Houses in Wongawallan is $1,837,081 while the median value for Units is $643,524.
- Houses have a median rent of $1,473.
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