Lot 5 - Maplewood Estate - Wacol

Description

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Wacol is a suburb located in the southwestern part of Brisbane, Queensland. Known for its industrial areas and some residential development, Wacol plays an important role in the city’s infrastructure, housing several correctional and mental health facilities. Despite its industrial nature, the suburb also has pockets of greenery and offers good transport links.

Suburb Overview

Wacol is situated approximately 18 kilometers southwest of Brisbane’s Central Business District (CBD). The suburb is bordered by the Brisbane River to the north and features a mix of industrial zones, commercial enterprises, and some residential areas. Wacol is perhaps most recognized for the presence of the Brisbane Correctional Centre, but it also hosts other significant facilities like the Wolston Park Hospital and the Wacol Animal Management Centre.

Transportation

• Roads: Wacol is well-serviced by major roads, including the Ipswich Motorway and the Centenary Highway. These roads provide direct access to Brisbane’s CBD, Ipswich, and other key areas in the Greater Brisbane region.
• Public Transport: Wacol railway station is part of the Ipswich line, offering regular train services to Brisbane’s CBD, Ipswich, and beyond. The suburb is also serviced by several bus routes that connect residents to surrounding suburbs and key locations.

Schools

• Nearby Schools: While Wacol itself does not have many schools, several educational institutions are located in the surrounding suburbs:

  • Goodna State School (Primary)
  • St. Francis Xavier Catholic Primary School (Goodna)
  • Centenary State High School (Jindalee)
  • Carole Park State School

  These schools are within a short driving distance and cater to families living in Wacol.

Parks and Recreational Areas

• Wolston Park: This is one of the largest green spaces in the area, offering open fields, walking trails, and picnic areas. The park is popular for its riverside location and tranquil environment.
• Wacol Bushlands: The suburb is also home to bushland reserves that provide a natural escape for locals, with opportunities for walking, birdwatching, and enjoying native flora and fauna.
• Nearby Recreation: The neighboring suburbs of Richlands and Darra offer additional recreational facilities, including sports clubs, community centers, and more parks.

Shopping and Amenities

• Local Shops: Wacol has a limited number of local shops and services due to its industrial focus. However, essential amenities are available within a short drive.
• Nearby Shopping Centers: Residents typically travel to nearby suburbs such as Goodna, Forest Lake, or Mount Ommaney for more extensive shopping options. Forest Lake Shopping Centre and Mount Ommaney Centre are the closest major retail hubs, offering supermarkets, specialty stores, dining options, and other services.

Infrastructure

• Healthcare: Wacol is close to several healthcare facilities, including medical centers in the surrounding suburbs. The area is also home to the Park Centre for Mental Health, one of Queensland’s largest mental health facilities.
• Community Services: Wacol’s community infrastructure includes the Brisbane Correctional Centre and the Wacol Animal Management Centre, which serves the Greater Brisbane area.

Community Services

• Libraries and Community Centers: The nearest public libraries and community centers are located in surrounding suburbs like Goodna and Forest Lake, where residents can access a range of resources, programs, and events.
• Sports and Recreation Clubs: Although Wacol itself doesn’t have many sports clubs, residents can easily access facilities in nearby suburbs such as Richlands and Inala, which offer football, rugby, netball, and cricket clubs.

Real Estate

• Housing: The housing market in Wacol consists of a mix of older homes, some newer developments, and residential properties close to industrial areas. The suburb offers relatively affordable housing compared to other parts of Brisbane, making it attractive to investors and first-home buyers.
• Real Estate Market: Wacol’s real estate market is generally characterized by its affordability, with opportunities for buyers looking for properties close to Brisbane but within a lower price range. The industrial nature of the suburb means that demand can vary, and the area may appeal more to those working in nearby industrial or logistics sectors.

Conclusion

Wacol is a suburb with a strong industrial and infrastructural focus, complemented by pockets of residential and natural areas. Its strategic location, good transport links, and proximity to both Brisbane and Ipswich make it a practical choice for those looking to live or invest in an area with easy access to major roads and public transport. While it may not be a typical suburban environment, Wacol offers a unique blend of industry, history, and green space.

• Property Type: House and Land
• Property Stage:
• Price: $ 868,900.00
• Land Price: $ 469,000.00
• Build Price: $ 399,900.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: Bindi
• Completion: N/A
• Land Size: N/A
• Area Size: N/A
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 630.00
• Est. Body Corp.: N/A
• Title Status: November 2024
• Gross Per Week: $ 630.00
• Gross Per Annum: N/A
• Gross Yield: N/A
• Capital Growth 12 Months: -2.583
• Capital Growth 10 Year Annualised: 7.6771
• Vacancy Rate: 2.89