OFF MARKET

52 Hampstead Road
Highgate Hill QLD 4101

Bedrooms: 7
Bathrooms: 7
Car spaces: 2
Land area: 862m2
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Last updated 28 Oct 2024
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Property Details for 52 Hampstead Rd, Highgate Hill

52 Hampstead Rd, Highgate Hill is a 7 bedroom, 7 bathroom Unit with 2 parking spaces. The property has a land size of 862m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Land Size
862m2
Local Government
Brisbane
Lot/Plan
1/RP71557

Last Listing description (December 2021)

Currently Approved to demolish!

- 862sqm - form Res BR4 Zone
- Currently 5 Flats

- Past Holding Income approx. 65k PA
- BSHS / WESS Catchments
- approved for re development
- elevated aspect
- Last sold 44 Years ago

These Highgate Hill Flats were last offered to the market in 1977 and have been a valuable investment for the current owners, but the time has come to scale back.

The flats have provided fuss free holding income over the years for my clients and given the proximity to the City , South Bank , West End and all of the suburbs amenities it is easy to understand why .

The future opportunities here are endless , hold as an inner city investment , demolish and build a house or two , renovate and move in , all this set on 862sqm of Highgate Hill Gold!

After 44 years its time to sell , make no mistake the property will be sold on or before Auction day.

Property History for 52 Hampstead Rd, Highgate Hill, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$2,128,888
06 Sep 2021
  • 06 Sep 2021
    Sold for $2,128,888
  • 07 May 2021
    Listed for Sale For Sale By Negotiation
  • 05 Oct 1977
    Sold for $46,000

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About Highgate Hill 4101

The size of Highgate Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Highgate Hill in 2011 was 5,823 people. By 2016 the population was 6,225 showing a population growth of 6.9% in the area during that time. The predominant age group in Highgate Hill is 20-29 years. Households in Highgate Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highgate Hill work in a professional occupation. In 2011, 41.3% of the homes in Highgate Hill were owner-occupied compared with 43% in 2016.

Highgate Hill has 3,144 properties. Over the last 5 years, Houses in Highgate Hill have seen a 108.54% increase in median value, while Units have seen a 65.55% increase. As at 30 September 2024:

  • The median value for Houses in Highgate Hill is $2,036,254 while the median value for Units is $854,125.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 23 properties listed for sale, and 16 properties listed for rent in Highgate hill on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Highgate hill.

Suburb Insights for Highgate Hill 4101

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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.