OFF MARKET

224/85 Deakin Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 88m2
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Property Details for 224/85 Deakin St, Kangaroo Point

224/85 Deakin St, Kangaroo Point is a 2 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 88m2 and floor size of 63m2.

Building Type
Unit
Year Built
1997
Floor Size
63m2
Land Size
88m2
Local Government
Brisbane

Last Listing description (January 2022)

Be in the Heart of it all at an Affordable Price!

This Two Bedroom, One bathroom apartment in the heart of the Kangaroo Point peninsula has location and convenience in abundance. The interior was extensively refurbished in 2017 and the interior designer touches help to set this property apart from its competitors. Suited to investors the property offers buyers a solid investment opportunity in a ready to go comfortable inner-city apartment.

The property at a Glance

- Interior renovation by a leading designer only a few years ago.
- 2 Bedroom, 1 Bathroom
- Ample Size Living & Dining Room onto the balcony
- Stylish designer Kitchen
- Fully Air Conditioned
- Fully Furnished & Equipped
- Fully Screened & Secure
- Very desirable Low Rise Building
- Body Corporate levy $1088.91 per qtr.
- Currently rented for $475 per week.

One secure car space.

Complex facilities include a pool & BBQ area. Onsite Management. Please note that this apartment cannot be occupied by the owner and must only be used as an investment property.

Story Bridge Hotel, convenience shopping, and Bus stop at your doorstep. Ferries and riverwalks within close proximity. This property offers a quality pedigree of rental return currently at $475 per week with long-term tenants. Call us today to arrange your inspection.

Property History for 224/85 Deakin St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Listed for Rent
$495/w
26 Sep 2017
  • 30 Sep 2021
    Listed for Sale Best Offer Over $375,000
  • 14 Sep 2017
    Listed for Rent $495 / week
  • 21 Sep 2015
    Listed for Sale 349,000
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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 6,992 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:

  • The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 48 properties listed for sale, and 27 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 358 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.