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Sold on 17 Feb 2024 for $626,000

5/230 Riding Road
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 129m2
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Property Details for 5/230 Riding Rd, Balmoral

5/230 Riding Rd, Balmoral is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Balmoral in the last 12 months.

Building Type
Unit
Land Size
129m2

Last Listing description (February 2024)

Offering spacious living areas and proximity to Balmoral's most-loved attractions, this excellent property is only eight kilometres from Brisbane's CBD. Being within walking distance to Oxford Street, local cafes and all the local ammenities this location has to offer, this is truly, a fantastic opportunity.

Perfect for couples, downsizers and investors alike, the apartment is presented with gorgeous timber floors throughout and a versatile neutral colour palette that will suit a variety of décor styles.

Forming its heart is a generous open-plan living and dining area, as well as a renovated kitchen encompassing a tiled splashback and ample cupboard storage, bench space & quality appliances. The living area has an abundance of natural light filtering through the almost floor to ceiling bi-fold doors that lead you out to the generous sized balcony that has a pleasant outlook.

Finishing the property, an over-sized master bedroom with ceiling fan & built in robes, which is accompanied by a full bathroom and a second bedroom that can also serve as a study.

Benefitting from a secure remote-controlled garage for one car and plenty of storage, this incredible residence is also near Hawthorne Park's sporting grounds and the Bulimba Ferry Terminal. The Morningside train station and a multitude of shops and dining options are also easily accessible from this address.

Falling within the Morningside State School and Balmoral State High School catchment areas, this outstanding apartment is also a short drive from Lourdes Hill College, Saints Peter and Paul's School and Anglican Church Grammar School. Take the next step - call to arrange an inspection today.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Pet Friendly complex of 5 units
8 Kilometres from Brisbane CBD
Currently rented for $500 per week
Rental Appraisal - $550-575 per week
Body Corporate fees of $1,010 per quarter
Brisbane City Council rates of $480.95 per quarter*
According to online records*
Investor Rates, not Owner Occupied*

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Property History for 5/230 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$626,000
17 Feb 2024
Listed for Rent
$500/w
20 Nov 2024
  • 20 Nov 2024
    Listed for Rent $500 / week
  • 17 Feb 2024
    Sold for $626,000
  • 14 Feb 2024
    Listed for Sale Offers Over $575,000
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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 2,005 properties. Over the last 5 years, Houses in Balmoral have seen a 83.03% increase in median value, while Units have seen a 74.86% increase. As at 30 November 2024:

  • The median value for Houses in Balmoral is $1,896,527 while the median value for Units is $878,283.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 7 properties listed for sale, and 2 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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Solomon Michael
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Coronis Inner South
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