SOLD
Sold on 04 Dec 2023 for $515,000

2/27 Thorpe Street
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 94m2
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Property Details for 2/27 Thorpe St, Balmoral

2/27 Thorpe St, Balmoral is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 94m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Balmoral in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
66m2
Land Size
94m2
Local Government
Brisbane
Lot/Plan
2/BUP3028

Last Listing description (December 2023)

This apartment is graced with a desirable north-facing orientation and showcases a solid, spacious design reminiscent of older-style buildings, offering an exceptional and affordable entry point into the thriving Bulimba-Balmoral real estate market.

Located just 400 meters from the vibrant lifestyle hub of Oxford Street, this elevated residence captures invigorating bay breezes and picturesque district views that extend towards the iconic Gateway Bridge.

The interior is bathed in natural light, accentuated by high ceilings, and seamlessly connects to a covered entertaining terrace. Both bedrooms feature built-in wardrobes and ceiling fans, with oversized windows that offer pleasant leafy vistas. The home boasts stylish updated flooring and a soothing contemporary color scheme. The light-filled bathroom and the generously proportioned kitchen, replete with ample counter space and a dishwasher, enhance the overall appeal.

This unit enjoys the benefits of solid cavity brick construction, ensuring excellent insulation. Additional features include reverse cycle air-conditioning, ceiling fans throughout, an oversized lock-up garage, and a laundry with ample storage space. Plus, it comes with the advantage of low body corporate fees.

Nestled within a boutique complex comprising just six apartments, this address is a leisurely stroll away from local cafes, restaurants, cinemas, a supermarket, boutique shops, and health and fitness facilities. The convenience of this location becomes even more apparent when you consider that it's only 4 kilometers from the CBD by road, and offers easy access to bus and City Cat transport, as well as scenic riverside parkland. Furthermore, it is within the catchment area and mere steps away from the highly sought-after Bulimba State School. In addition, it is within close proximity to a variety of other excellent schools, kindergartens, and childcare centers.

To seize this unique off-market opportunity, get in touch with Fiona Berkman at 0402 347 009 or Caitlin Uittenbosch at 0413 083 602 and arrange an appointment.

Property History for 2/27 Thorpe St, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$515,000
04 Dec 2023
Listed for Rent
$415/w
15 Mar 2022
  • 04 Dec 2023
    Sold for $515,000
  • 23 Oct 2023
    Listed for Sale Off-Market Opportunity!
  • 02 Mar 2022
    Listed for Rent $415 / week
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About Balmoral 4171

The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.

Balmoral has 1,974 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:

  • The median value for Houses in Balmoral is $1,862,435 while the median value for Units is $868,349.
  • Houses have a median rent of $800 while Units have a median rent of $645.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Balmoral.

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Ray White Bulimba
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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.