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Unit 32,
FOREST LAKE MANORS 220 GOVERNMENT ROAD Richlands QLD 4077

This property is Off Market

All about Richlands Homes for sale in Richlands


  • The Average property price in this area is $734,285, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 27.72 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Forest Lake - Doolandella

With an average age of 33, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $365. The average family earns a weekly income of $2,140 with a typical household size of 2.7 and a 96.89% employment rate.

In Richlands there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Richlands is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Richlands leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Richlands 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 3349 asthma sufferers and 1256 people living with diabetes. In addition, 1087 people have a heart/vascular condition and 1813 people live with three or more chronic diseases.

A good place to invest in property?

Forest Lake - Doolandella 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

36 / 100

32 / 100

Industry

72 / 100

32 / 100

Population

100 / 100

40 / 100

House Prices

76 / 100

63 / 100

Jobs

65 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Richlands East SS Forest Lake SHS
  • Carole Park State School

    Wacol, QLD, 4076 State Prep-6

  • Forest Lake State School

    Forest Lake, QLD, 4078 State Prep-6


Property Story

Unit 32, Forest Lake Manors, 220 Government Road, Richlands, Qld, 4077 is a residential property . The estimated distance to the sea is 27.72km and 0.62KM 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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