168/25 Farinazzo Street, Richlands QLD 4077
168/25 Farinazzo Street, Richlands QLD 4077
3-bed townhouse in Richlands complex | Sold $490k Nov 2023 | 141sqm lot | FTTP and 5G | Bushfire overlay noted
This townhouse sits in a well-established complex at 25 Farinazzo Street, offering a practical 3-bedroom, 2-bathroom layout that suits first-home buyers, downsizers, and investors alike. The 141sqm lot is typical for this product type in Richlands, and the presence of built-in wardrobes, a master ensuite, and remote-controlled parking suggests a decent standard of finish for its price point. The property is served by NBN fibre to the premises and 5G mobile coverage, which adds genuine appeal for remote workers or tenants. Its location within the Inala State School and Glenala State High School catchments provides a clear family-oriented advantage, and the residential zoning with no flood or heritage overlays reduces some common risks. The complex appears to attract steady turnover, which points to reasonable demand for this configuration.
The bushfire overlay detected on this property is a factor that may influence insurance costs and buyer perception, though it does not automatically imply high risk. The sale price of $490,000 in late 2023 sits notably below more recent transactions within the same complex, which could reflect differences in unit size, internal condition, or simply market movement. Buyers should verify the exact parking allocation, as sources conflict between one and two spaces, and confirm whether the townhouse has any split-level design or premium finishes like stone benchtops or air-conditioning. The property’s orientation and building age are not confirmed, so a physical inspection is recommended to assess natural light and overall condition before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 168/25 Farinazzo Street, Richlands QLD 4077
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Richlands is a young, family-oriented suburb with strong transport links, positioning it as an accessible entry point to Brisbane’s southwest. Demand is driven by a youthful demographic of professionals and renters seeking family homes, supported by solid rental yields and quick sales. Recent price trends show robust growth, particularly for units, within a fast-moving market. Future drivers include sustained population growth and infrastructure development, though affordability pressures and interest rate sensitivity present key constraints for its predominantly young buyer base.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
141m²
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