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Sold on 15 Nov 2024 for $742,000

3/123 Main Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
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Property Details for 3/123 Main St, Kangaroo Point

3/123 Main St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Floor Size
111m2

Last Listing description (November 2024)

The Kangaroo Point peninsula is one of Brisbane's most desirable Inner City areas and rightly so, with beautiful parks, river walks and incredible access to the CBD, Southbank and surrounds.
This fantastic apartment allows you to be right in the heart of this enclave that is so popular with owners and investors given its ability to produce great lifestyle options and excellent capital growth. Featuring:

* A gorgeous air-conditioned, open plan living and dining area.

* Main bedroom with built in robes and ensuite bathroom.
* A generous balcony perfect for entertaining.
* New paint and flooring throughout the apartment.
* Garage space for one vehicle with internal access & remote entry.
* Intercom security and a lockable storage area.
* A short walk to the new Kangaroo Pt pedestrian bridge.
* Inexpensive body corporate levies at $1,237.65 per qtr.
* Rent appraisal is $750 per week.
* BCC rates are $506.70 per quarter.

The location is the key with this apartment and it offers so much just a quick stroll from the front door. Walk past gyms, coffee shops and SeaLegs brewing on your way to Captain Burke Park or walk down the side street to join the river walks to Southbank or the Jazz club. A little further and you will come across the Kangaroo Point green bridge which will give incredible access to the CBD by June this year. The Story Bridge Hotel offers entertainment and dining or visit Christian Jacques for Australia's best French pastries. Plans for the Ferry St development including a Woolies supermarket means you may never again need to leave the Peninsula.

Property History for 3/123 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$742,000
15 Nov 2024
Listed for Rent
$400/w
27 May 2016
  • 21 Nov 2024
    Listed for Rent $700 / week
  • 15 Nov 2024
    Sold for $742,000
  • 24 Oct 2024
    Listed for Sale Best Offer Over $725,000
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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 7,059 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 40.52% increase in median value, while Units have seen a 67.26% increase. As at 30 November 2024:

  • The median value for Houses in Kangaroo Point is $1,580,806 while the median value for Units is $829,273.
  • Houses have a median rent of $690 while Units have a median rent of $675.
There are currently 38 properties listed for sale, and 31 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Brett O'Connor
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O'Connor Realty
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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.