SOLD
Sold on 20 Mar 2024 for $2,025,000

214 Banks Street
Alderley QLD 4051

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 968m2
Sold By
Tegan Zernike
Place Ascot
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Property Details for 214 Banks St, Alderley

214 Banks St, Alderley is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 968m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Alderley in the last 12 months.

Building Type
House
Land Size
968m2
Local Government
Brisbane
Lot/Plan
143/RP40843

Last Listing description (May 2024)

In room auction - Place HQ - Wednesday 20th March 6pm
10 James St, Fortitude Valley

Positioned on an elevated 968m2 over two 484m2 lots, 214 Banks Street presents a multitude of possibilities for astute investors, developers and homeowners alike. This post-war property holds promise for knock down-rebuild projects or alternatively, the home is immediately livable having benefitted from modern upgrades providing homeowners the opportunity to explore extensions or renovations in time.

Nestled on the Ashgrove border amidst a neighborhood adorned with high-end homes and alive with renovations and rebuild activity, 214 Banks Street enjoys sweeping northern district views from the front of the property. Surrounded by lush greenspace and adjacent to the Banks Street Reserve, residents are treated to acres of serene bushland and walking tracks just 7km from the heart of Brisbane City.

The address offers the perfect balance of suburban tranquility and urban convenience. City bus stops on Banks Street ensure seamless commuting, while highly reputed public and private schools are within easy reach for families. Nearby neighborhood coffee shops beckon for leisurely strolls and casual catch-ups. This is a location with strong capital growth fundamentals you can confidently invest in.

The house itself is immaculuate and spacious with modern upgrades carried out over the past 10 years including stone kitchen, open plan living, updated bathroooms, ducted air-conditioning throughout and main bedroom with ensuite. With open plan living and dining, the rear rumpus or home office area adds to the versatility of the layout. With side access to the rear garage and backyard, this property offers practicality alongside its potential.

Finer detail:
Rented until 18 June, 2024
Weekly rent $800 per week
Managed by Place Ascot
Lot 144/RP40843 484 m2 - 12.9m frontage (approximate)
Lot 143/RP40843 484 m2 - 12.9m frontage (approximate)
Total street frontage: 25.9m (approximate)

Whether you're a growing family, investor or developer 214 Banks Street invites you to explore the myriad of possibilities it presents. Don't miss the chance to make your mark in this blue-chip inner-city location.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 214 Banks St, Alderley, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$2,025,000
20 Mar 2024
Listed for Rent
$800/w
25 May 2023
  • 20 Mar 2024
    Sold for $2,025,000
  • 26 Feb 2024
    Listed for Sale Auction
  • 06 Jan 2021
    Listed for Rent $650 / week
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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2011 was 5,680 people. By 2016 the population was 6,108 showing a population growth of 7.5% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation. In 2011, 58.1% of the homes in Alderley were owner-occupied compared with 56.2% in 2016.

Alderley has 3,382 properties. Over the last 5 years, Houses in Alderley have seen a 73.13% increase in median value, while Units have seen a 78.86% increase. As at 31 October 2024:

  • The median value for Houses in Alderley is $1,460,763 while the median value for Units is $684,502.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Alderley on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Alderley.

Suburb Insights for Alderley 4051

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.