SOLD
Sold on 15 Mar 2024 for $635,000

1/40 Castlebar Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 117m2
Sold By
Simon Caulfield
Place Kangaroo Point
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Property Details for 1/40 Castlebar St, Kangaroo Point

1/40 Castlebar St, Kangaroo Point is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1967. The property has a land size of 117m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
1967
Floor Size
117m2
Land Size
117m2
Local Government
Brisbane
Lot/Plan
1/BUP167

Last Listing description (April 2024)

Set within a boutique complex of only six residences and just a stone's throw from scenic riverwalks and city-bound bus stops, this incredible property presents an exciting buying or investment opportunity. Also close to the heart of Brisbane's CBD, this fantastic residence boasts a convenient address and exceptional potential for investors looking to expand their property portfolio or individuals wanting to live a premium lifestyle in Kangaroo Point.

The residence is also close to coffee shops, restaurants, the iconic Story Bridge Hotel and city-bound bus stops. The soon-to-be-constructed Kangaroo Point Pedestrian Bridge is a stone's throw away, as are the iconic Gabba Cricket Grounds and the new Cross River Rail Woolloongabba station precinct.

You are also conveniently situated approximately 15 minutes to the Brisbane Airport in the Clem 7 and 45 minutes to the Gold Coast, Kangaroo Point is the ideal location for both an investment and a home.

Additional Information
Body Corporate Contributions
Admin fund: $1,208.33 per quarter approx.
Sinking fund: $208.33 per quarter approx.
Total Contributions: $1,416.66 per quarter approx.
Council Rates: $578.30 per quarter approx.

Disclaimer
This property is being sold by auction or 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 1/40 Castlebar St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$635,000
15 Mar 2024
Listed for Rent
$650/w
23 May 2023
  • 15 Mar 2024
    Sold for $635,000
  • 22 Dec 2023
    Listed for Sale Offers Over $630,000
  • 22 Mar 2023
    Listed for Rent $650 / week
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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Kangaroo Point in 2011 was 6,999 people. By 2016 the population was 8,050 showing a population growth of 15.0% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation. In 2011, 37.5% of the homes in Kangaroo Point were owner-occupied compared with 36.9% in 2016.

Kangaroo Point has 7,062 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 60.78% increase in median value, while Units have seen a 62.91% increase. As at 31 August 2024:

  • The median value for Houses in Kangaroo Point is $1,598,199 while the median value for Units is $807,923.
  • Houses have a median rent of $705 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 55 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 377 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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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.