SOLD
Sold on 07 Dec 2023 for $390,000

904/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 74m2
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Property Details for 904/79 Albert St, Brisbane City

904/79 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 74m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
51m2
Land Size
74m2
Local Government
Brisbane
Lot/Plan
904/SP139730

Last Listing description (February 2024)

79 Albert St represents a prime example of urban living excellence. Nestled within the iStay River City apartments, this contemporary one-bedroom residence offers a sophisticated experience. This apartment's functional design not only enhances day-to-day living but also positions it as a lucrative investment. The fusion of practicality and style ensures not only comfortable living but also promises long-term appeal and value for discerning investors.

For those seeking a place to call home or a high-yield investment opportunity, this apartment will leave a lasting impression. The functional floor-plan design creates a sense of spaciousness that opens to the charming balcony, allowing for a seamless blend of space and natural light. It's the ideal urban retreat.

Apartment Features:

- Generously sized bedroom with built-in wardrobe.
- Modern bathroom. Internal Laundry.
- Open balcony for inviting natural light and fresh air.
- Well-appointed kitchen. Gas cook tops. Stone Bench Tops
- Approximately 71 sqm of living space

Key Details:
- Body Corporate: Approximately $1095 per quarter.
- Brisbane City Council: Approximately $486 per quarter.
- Utilities: Approximately $298 per quarter.
- Rental Appraisal: $600-625 per week, if furnished $675-700 p.w.

Just a brief one-minute stroll away lies the newly constructed Albert Street Station, a transformative addition to the southern end of the CBD. A mere three-minute walk leads to the Queen's Wharf Brisbane precinct, a dynamic world-class development. This extraordinary hub encompasses an underground shopping center, a premier casino, new public recreational amenities, a pedestrian bridge to South Bank, and picturesque river boardwalks.

Property History for 904/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$390,000
07 Dec 2023
Listed for Rent
$400/w
10 Nov 2021
  • 07 Dec 2023
    Sold for $390,000
  • 22 Nov 2023
    Listed for Sale Not Disclosed
  • 11 Oct 2021
    Listed for Rent $400 / week
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About Brisbane City 4000

The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.

Brisbane City has 12,285 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:

  • The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
  • Houses have a median rent of $710 while Units have a median rent of $749.
There are currently 117 properties listed for sale, and 84 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 858 properties were sold in the past 12 months in Brisbane city.

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Mary Buchan
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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.