SOLD
RECENT ADVICE
Sold on 14 Mar 2024 for $1,650,000

21 Balowrie Street
Hamilton QLD 4007

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Land area: 405m2
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Property Details for 21 Balowrie St, Hamilton

21 Balowrie St, Hamilton is a 4 bedroom, 4 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom BlockOfUnits sold in Hamilton in the last 12 months.

Building Type
BlockOfUnits
Land Size
405m2
Local Government
Brisbane
Lot/Plan
116/RP33644

Last Listing description (March 2024)

In-Room Auction,
Date: 14/3/2024
Registrations: 5:30pm, Auctions starting at 6:00pm

Location: Level 2 - 855 Stanley St, Woolloongabba, QLD, 4102

Located in the prestigious suburb of Hamilton, 21 Balowrie St presents an enticing opportunity for investors and homeowners alike. Situated on a generous 405m2 block, this property boasts versatility and potential for lucrative returns or the realization of your dream home.

Comprising four well-appointed 1-bedroom units, this property offers a total rental return of $74,360 annually. Each unit is designed to provide comfortable living spaces, catering to the demands of modern lifestyles. The layout ensures privacy and functionality, making it an attractive option for tenants seeking convenience and quality.

Investors will appreciate the fully-leased nature of the property, offering a stable income stream in a sought-after locale. Hamilton, renowned for its affluent community and prime amenities, is a blue-chip suburb known for its enduring appeal and strong market performance. With consistent rental demand and potential for capital appreciation, 21 Balowrie St presents a secure investment opportunity in a thriving real estate market.

Beyond its investment potential, this property also offers the possibility of redevelopment, subject to council approval. With the existing structure, there is an opportunity to reimagine the site and create a bespoke residence tailored to your preferences. Whether you envision a contemporary masterpiece or a charming family home, the potential is boundless, allowing you to shape your vision in one of Brisbane's most coveted neighborhoods.

For those with discerning tastes and a vision for the future, 21 Balowrie St, Hamilton, represents a compelling opportunity to secure a prime piece of real estate. Whether seeking a solid investment or the canvas for your dream home, this property encapsulates the essence of modern living in an enviable location. Don't miss the chance to make your mark in this esteemed address and capitalize on the potential that awaits.

For further information relating to this property, please reach out for the information pack relating to 21 Balowrie St, Hamilton

Disclaimer:
This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.

Property History for 21 Balowrie St, Hamilton, QLD 4007

A timeline of how this property has performed in the market
Last Sold
$1,650,000
14 Mar 2024
Listed for Rent
$295/w
16 Mar 2011
  • 14 Mar 2024
    Sold for $1,650,000
  • 15 Feb 2024
    Listed for Sale Sold at Auction
  • 31 Mar 2023
    Listed for Rent $370 / week
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About Hamilton 4007

The size of Hamilton is approximately 3.4 square kilometres. It has 8 parks covering nearly 2.5% of total area. The population of Hamilton in 2011 was 4,720 people. By 2016 the population was 7,001 showing a population growth of 48.3% in the area during that time. The predominant age group in Hamilton is 20-29 years. Households in Hamilton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 53.6% of the homes in Hamilton were owner-occupied compared with 45.5% in 2016.

Hamilton has 6,188 properties. Over the last 5 years, Houses in Hamilton have seen a 46.78% increase in median value, while Units have seen a 57.42% increase. As at 31 October 2024:

  • The median value for Houses in Hamilton is $2,148,530 while the median value for Units is $726,053.
  • Houses have a median rent of $750 while Units have a median rent of $643.
There are currently 42 properties listed for sale, and 27 properties listed for rent in Hamilton on OnTheHouse. According to CoreLogic's data, 458 properties were sold in the past 12 months in Hamilton.

Suburb Insights for Hamilton 4007

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Contact agent
Solomon Michael
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Coronis Inner South
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Disclaimer
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.