SOLD
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Sold on 30 Aug 2024 for $440,000

112/85 Deakin Street
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
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Property Details for 112/85 Deakin St, Kangaroo Point

112/85 Deakin St, Kangaroo Point is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Kangaroo Point in the last 12 months.

Building Type
Apartment
Floor Size
43m2
Local Government
Brisbane

Last Listing description (August 2024)

This apartment would make a fantastic addition to any property portfolio, whether you are seeking an ideally located inner city home or are a savvy investor looking for strong rental yields. Situated on the first level, this low maintenance apartment presents a well-devised floor plan which maximises on space.

The open plan apartment features a large living space connected to the galley kitchen. The bedroom has a built-in wardrobe and built in desk. The bathroom with glass walled shower has a neutral white and mint colour scheme and modern vanity.

Stepping outside on the patio, providing a great extension of the interior living space, this idyllic settling if perfecting for unwinding after a long day or hosting intimate gatherings.

Benefitting from secure parking for one car and plenty of storage, this residence also includes air conditioning and ceiling fans. A purpose built boutique apartment complex in the heart of Kangaroo Point. Located adjacent to the Story Bridge Hotel and a short stroll to the cross river ferry.

Body corporate contributions: $5,370 p.a.
Council rates: $2,000 p.a. (Approx)

It is hard to find a better location, with the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

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Property History for 112/85 Deakin St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$440,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $440,000
  • 16 Jul 2024
    Listed for Sale Buyers From $398K

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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Kangaroo Point in 2011 was 6,999 people. By 2016 the population was 8,050 showing a population growth of 15.0% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation. In 2011, 37.5% of the homes in Kangaroo Point were owner-occupied compared with 36.9% in 2016.

Kangaroo Point has 6,999 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:

  • The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 50 properties listed for sale, and 37 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Kangaroo point.

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