OFF MARKET

89 Fifth Avenue
Balmoral QLD 4171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 814m2
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Last updated 11 Nov 2024
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Property Details for 89 Fifth Ave, Balmoral

89 Fifth Ave, Balmoral is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 814m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1950
Floor Size
88m2
Land Size
814m2
Local Government
Brisbane
Lot/Plan
408/RP12822

Last Listing description (June 2023)

Offering vast amounts of space for developers, investors and avid renovators alike, this 814sqm allotment boasts two separate lot numbers and a fantastic elevated position. Featuring an existing three-bedroom home that is ready to be updated or demolished (STCA) to create your dream residence, this spectacular property invites you to secure your future in sought-after Balmoral.

Benefitting from an elevated aspect that has the potential to capture stunning suburb views, 89 Fifth Avenue presents a wealth of opportunities. Land-bank the property for the future, or reimagine the existing home to suit your tastes. Developers can also transform the residence into an entirely new abode. This exceptional offering will appeal to a range of buyers, making this an opportunity not to be missed.


89 Fifth Avenue is ideally situated for enjoying Balmoral's famed lifestyle amenities. A stone's throw from Oxford Street and Hawthorne Road's popular attractions, the property is also close to a multitude of shops, dining options, leafy parklands and scenic riverwalks. The Bulimba, Hawthorne and Apollo Road ferry terminals are just minutes away, while Bulimba Memorial Park and Hawthorne Park's sporting grounds are nearby. Other local conveniences include the Morningside train station and numerous city-bound bus stops. The Brisbane Airport is easily accessible from this address via the Gateway Motorway, as well.

Falling within the Bulimba State School and Balmoral State High School catchment areas, this incredible property is also a short distance from Lourdes Hill College, Saints Peter and Paul's School and Anglican Church Grammar School, Cannon Hill Anglican College. Do not miss this exclusive opportunity - call to arrange an inspection today.

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.

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Property History for 89 Fifth Ave, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$1,550,000
16 Jun 2023
  • 16 Jun 2023
    Sold for $1,550,000
  • 12 Jan 2023
    Listed for Sale $1,850,000

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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 1,976 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 11 properties listed for sale, and 5 properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Balmoral.

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