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Sold on 10 Jul 2024 for $300,000

4/75 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 4/75 Thorn St, Kangaroo Point

4/75 Thorn St, Kangaroo Point is a bedroom, 1 bathroom Studio with 1 parking spaces. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other bedroom Studio sold in Kangaroo Point in the last 12 months.

Building Type
Studio
Floor Size
51m2
Local Government
Brisbane
Lot/Plan
4/BUP104330

Last Listing description (July 2024)

*** Please scroll down to find financial information on this property***

This air conditioned studio apartment is located on the first level of the Alexander River View Apartment complex that features a sparkling inground swimming pool, visitor parking, and a secure garage area for residents.

Located close to transport options including the CityCat ferry service to the city and beyond, plus popular casual dining and shopping precincts, ensuring the most discerning buyer will be satisfied.

On arrival, you will find landscaped gardens leading to the foyer with an intercom system and lift access to all levels. As you step inside the apartment, you will note that the apartment features well-positioned windows, ensuring ample natural light. A sliding glass door leads to the generous size balcony overlooking the pool, ideal for casual dining and outdoor entertaining.

Property features:
- Secure building with intercom entry and lift assess
- The bathroom features a mirrored vanity and shower over bath
- Large balcony overlooking the swimming pool
- Secure car space with a remote controller roller door
- Onsite visitor parking
- Only 1.5m from the city and close to all that Kangaroo Point has to offer

Expenses include:
- Council Rates: $480.95 approx. per quarter
- Urban Utility charges approx $317. per quarter
- Strata Rates: $927 approx. every quarter and there is currently $320,700 in the Sinking Fund

Located just a few minutes from the Mowbray Park Ferry terminal, local shopping, casual dining, and the Clem 7 tunnel providing easy access to all major arterial roads ensuring this property offers a spectacular opportunity and will appeal to a wide range of buyers including young professionals or investors and must be inspected by all buyers looking for an inner city apartment at an entry level price.

Property History for 4/75 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$300,000
10 Jul 2024
Listed for Rent
$280/w
07 Dec 2016
  • 10 Jul 2024
    Sold for $300,000
  • 03 Jun 2024
    Listed for Sale Not Disclosed
  • 01 Oct 2021
    Listed for Sale High $200K
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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 7,061 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 49 properties listed for sale, and 41 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Contact agent
Bill Yapp
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Aurora Asset Management
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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.