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1 Lotus Street,
Murrumba Downs QLD 4503

This property is Off Market

All about Murrumba Downs Homes for sale in Murrumba Downs


  • The Average property price in this area is $707,943, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 4.39 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Murrumba Downs - Griffin

With an average age of 32, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $360. The average family earns a weekly income of $2,083 with a typical household size of 2.8 and a 96.72% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Murrumba Downs due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Murrumba Downs classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Murrumba Downs requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 2403 asthma sufferers and 659 people living with diabetes. In addition, 742 people have a heart/vascular condition and 1270 people live with three or more chronic diseases.

A good place to invest in property?

Murrumba Downs - Griffin a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

30 / 100

32 / 100

Industry

55 / 100

32 / 100

Population

47 / 100

40 / 100

House Prices

70 / 100

63 / 100

Jobs

56 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Undurba SS Murrumba State Secondary College
  • Kallangur State School

    Kallangur, QLD, 4503 State Prep-6

  • Undurba State School

    Murrumba Downs, QLD, 4503 State Prep-6

  • Mango Hill State School

    Mango Hill, QLD, 4509 State Prep-6

  • Murrumba State Secondary College

    Murrumba Downs, QLD, 4503 State 7-12

  • YOS Lawnton

    Lawnton, QLD, 4501 Independent 10-12

  • North Lakes State College

    North Lakes, QLD, 4509 State Prep-12

  • Living Faith Lutheran Primary School

    Murrumba Downs, QLD, 4503 Independent Prep-6

  • Griffin State School

    Griffin, QLD, 4503 State Prep-6

  • The Lakes College

    North Lakes, QLD, 4509 Independent Prep-12

  • St Benedict's College

    Mango Hill, QLD, 4509 Independent 7-12


Property Story

1 Lotus Street, Murrumba Downs, Qld, 4503 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 4.39km and at least 1.24KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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