OFF MARKET

3008/56 Wharf Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 107m2
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Property Details for 3008/56 Wharf St, Kangaroo Point

3008/56 Wharf St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 107m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1996
Floor Size
107m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
8/BUP105257

Last Listing description (June 2017)

An idyllic, riverfront position in the heart of Kangaroo Point offering residents a vibrant inner city lifestyle, this two bedroom unit enjoys scenic river outlooks and is most deserving of an inspection.
Thoughtfully composed with an open design, the central living area is washed in contemporary colours and offers ample living space. Light filled and air conditioned, this seamlessly integrated space features sliding doors leading you to a scenic entertainer s balcony with blissful river and boardwalk vistas. Observing the dining area, the sleek and modern kitchen has been recently renovated and features ample white cabinetry, contrasting wraparound black stone benchtops and quality stainless steel appliances.
Comprised of two spacious bedrooms, the master boasts a large walk-in wardrobe and private ensuite. Serviced by a second contemporary bathroom, the apartment also features air conditioning throughout and undercover secure parking.

A spectacular purchase opportunity, investors can capitalise with the option of short term rental letting, with returns of approximately $175 - $215 a night. With the addition of low body corporate fees of around $4600 per annum, investors will delight in the rental yields this apartment offers.
An idyllic riverfront position, here you are immersed in the very best that Brisbane has to offer. Set on the blissful waterfront boardwalk, here you can enjoy nearby Captain Burke Park and the Kangaroo Point Cliffs. Relax at Medley Caf , the Story Bridge Hotel or a number of quality dining locations. Only a short trip across the river from the Holman Street Ferry, New Farm and Brisbane CBD are moments away, offering an easy commute, or the chance to enjoy further shopping and amenities.

Property History for 3008/56 Wharf St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$535,000
09 Jan 2017
  • 09 Jan 2017
    Sold for $535,000
  • 14 Jul 2016
    Listed for Sale Offers Over $500,000
  • 12 Jun 2011
    Sold for $500,000
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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 7,060 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 63.72% increase in median value, while Units have seen a 65.52% increase. As at 31 July 2024:

  • The median value for Houses in Kangaroo Point is $1,519,449 while the median value for Units is $794,548.
  • Houses have a median rent of $740 while Units have a median rent of $650.
There are currently 48 properties listed for sale, and 45 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Kangaroo point.

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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.