2/124 Smith RoadWoodridge QLD 4114
Property Details for 2/124 Smith Rd, Woodridge
2/124 Smith Rd, Woodridge is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 91m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Here's an incredible chance to expand your portfolio with a promising property located at 2/124 Smith Road, Woodridge. This fantastic investment offers a 2-bedroom, 1-bathroom home with a convenient carport, presenting a lucrative opportunity.
Key Features for Investors:
- High Rental Potential: With its convenient location and appealing features, this property holds great rental potential. Currently rented for $320 per week, you can start earning rental income immediately.
- Low Maintenance Investment: This well-maintained home requires minimal upkeep, making it an ideal investment property. Save on expenses and enjoy a hassle-free investment with a property that is already generating income.
- Prominent Location: Woodridge is a highly sought-after area, offering easy access to amenities, schools, parks, and public transportation. Investors can benefit from the area's popularity and enjoy a steady demand for rental properties.
- Attractive Financials: Rates are approximately $850 per quarter, and strata fees are approximately $46 per week, ensuring the financials remain favorable for investors. Rental Appraisal $310 - $330pw.
- Potential for Capital Growth: Woodridge is a suburb that has been experiencing positive growth in recent years. By investing in this property, you can potentially benefit from future capital appreciation, increasing your overall return on investment.
For more information or to discuss this investment opportunity further, contact Savana McKenzie Team today.
Don't miss out on this chance to secure a profitable addition to your portfolio!
Disclaimer: Investors should conduct their own due diligence and research before making any investment decisions.
Property History for 2/124 Smith Rd, Woodridge, QLD 4114
- 07 Aug 2023Sold for $253,000
- 19 May 2023Listed for Sale OFFERS OVER $249,000
- 11 Feb 2021Listed for Rent $273 / week
Recent sales nearby
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0About Woodridge 4114
The size of Woodridge is approximately 4.7 square kilometres. There are 21 parks, covering nearly 8.1% of the total area. The population of Woodridge in 2016 was 12579 people. By 2021 the population was 12982 showing a population growth of 3.2% in the area during that time. The predominant age group in Woodridge is 0-9 years. Households in Woodridge are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woodridge work in a labourer occupation.In 2021, 36.10% of the homes in Woodridge were owner-occupied compared with 36.70% in 2016.
Woodridge has 5,512 properties. Over the last 5 years, Houses in Woodridge have seen a 135.20% increase in median value, while Units have seen a 213.45% increase. As at 31 August 2026:
- The median value for Houses in Woodridge is $788,894 while the median value for Units is $570,282.
- Houses have a median rent of $580 while Units have a median rent of $475.
Suburb Insights for Woodridge 4114
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