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.
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:
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.
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:
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