SOLD
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Sold on 18 Jul 2024 for $430,000

5/45 Wharf Street
Kangaroo Point QLD 4169

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
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Property Details for 5/45 Wharf St, Kangaroo Point

5/45 Wharf St, Kangaroo Point is a bedroom, 1 bathroom Studio with 1 parking spaces. The property has a floor size of 39m2. 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
39m2
Local Government
Brisbane
Lot/Plan
5/BUP103393

Last Listing description (July 2024)

Located in the boutique River City Gardens complex, this one bedroom apartment boasts a light filled position with all the essential elements to make an appealing first home or solid performing investment in a prime inner city pocket.

Boasting a slick compact layout filled with natural sunlight, this apartment features open plan living spaces, finished with brand new carpet flooring. The open plan living areas encompass an impressive fully functional kitchen with electric stovetop and rangehood, oven and ample cupboard/bench space. Stepping outside on the patio, providing a great extension of the interior living space, this idyllic settling if perfecting for unwinding after a long day or hosting intimate gatherings.

The bedroom space is of great proportion featuring built in wardrobes and easy access to the main bathroom displaying floor to ceiling tiling, shower and toilet. Complete with secure parking for one car.

This apartment is the perfect entry into the market for first-home buyers, investors or downsizers who are searching for low maintenance living whilst being surrounded by great lifestyle options.

Body corporate contributions: $4,270p p.a.
Council rates: $2,000 p.a. (Approx)

It is hard to find a better location, the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city, this is an area on the move.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

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Property History for 5/45 Wharf St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$430,000
18 Jul 2024
  • 02 Jul 2024
    Sold for $430,000
  • 01 Jul 2024
    Listed for Sale For Sale
  • 07 Mar 2013
    Sold for $217,000
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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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