OFF MARKET

505/18 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 94m2
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Property Details for 505/18 Thorn St, Kangaroo Point

505/18 Thorn St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 94m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2015
Floor Size
68m2
Land Size
94m2
Local Government
Brisbane
Lot/Plan
505/SP209177

Last Listing description (November 2023)

Here is a great opportunity to buy into the modern complex 'Peninsula on the river', right in the action in the popular growth suburb of Kangaroo Point.

Attractive features include:
- Spacious open plan living area with high ceilings and ducted air conditioning

- Generous sized bedrooms with plenty of natural light and cross flow
- Chef style kitchen with stone benches
- North facing balcony with shutters, elevated aspect and some river glimpses
- Both bedrooms built-ins - main opens onto balcony and 2nd with study desk
- Stylish bathrooms with large showers
- Internal laundry cupboard with storage
- Secure car space

The complex comes with a huge lap pool and BBQ area, gym, lift level security, grand entry foyer, active onsite managers, and plenty of visitor parking.

Positioned in the main hub of KP, the property is a short stroll to bus/Citycat, the large local IGA, parks and river walk, a bike ride to the CBD, tunnel access north/south, and close to the Docklands river precinct.

You will have to be quick!

Property History for 505/18 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$560,000
26 Oct 2023
Listed for Rent
$550/w
12 Apr 2019
  • 26 Oct 2023
    Sold for $560,000
  • 03 Oct 2023
    Listed for Sale Under Contract
  • 26 Feb 2019
    Listed for Rent - Price not available
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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 6,988 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 51.36% increase in median value, while Units have seen a 70.85% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Point is $1,639,896 while the median value for Units is $814,451.
  • Houses have a median rent of $700 while Units have a median rent of $670.
There are currently 38 properties listed for sale, and 34 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 351 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.