SOLD
Sold on 28 Mar 2024 for $740,000

1/18 Herston Road
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 103m2
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Property Details for 1/18 Herston Rd, Kelvin Grove

1/18 Herston Rd, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 103m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Kelvin Grove in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
82m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
1/SP120874

Last Listing description (April 2024)

Let's answer some key questions;

- Body Corporate Fees: $3,640/ Annum (Approx)

- Rental Appraisal: $625 - $675/ Week
- Council Rates: $480/ Quarter (Approx)
- Year Built: 1999
- 9 units in the complex
- North Facing
- Has a Backyard!

Key location points:
80m - Bus stop to Kelvin Grove, QUT, CBD and surrounding suburbs
800m - Kelvin Grove State & Highschool
850m - QUT Kelvin Grove Campus
1.7km - Newmarket Village
4.1km - Brisbane City

Situated at the back of 'Herston Palms' , you will find this exceptional, North facing ground-floor, 2-bedroom, 2-bathroom spacious open-plan apartment. Featuring polished concrete floors, split-system A/C, updated kitchen & bathrooms and great separation between bedrooms.

What really sets this unit apart from the rest is the amazing backyard with leafy security screens around the perimeter to provide a secluded and safe space for either the kids or fur children to run around. This remarkable property stands independently with just one other unit above and comes with your own private access.

Situated mere minutes from the CBD, RBWH, Suncorp Stadium, Fortitude Valley, and Paddington shopping areas, and within walking distance to the nearby Kelvin Grove Urban Village/QUT Campus, Victoria Park Golf Course, and the new multi-million dollar Newmarket Village, this finely appointed residence provides unparalleled convenience for discerning buyers and savvy investors alike.

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Property History for 1/18 Herston Rd, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$740,000
28 Mar 2024
Listed for Rent
$480/w
20 Sep 2022
  • 28 Mar 2024
    Sold for $740,000
  • 13 Mar 2024
    Listed for Sale Sold Prior To Auction
  • 20 Apr 2022
    Listed for Rent $480 / week
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About Kelvin Grove 4059

The size of Kelvin Grove is approximately 1.7 square kilometres. It has 12 parks covering nearly 7.5% of total area. The population of Kelvin Grove in 2011 was 6,017 people. By 2016 the population was 7,913 showing a population growth of 31.5% in the area during that time. The predominant age group in Kelvin Grove is 20-29 years. Households in Kelvin Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelvin Grove work in a professional occupation. In 2011, 37.6% of the homes in Kelvin Grove were owner-occupied compared with 32.1% in 2016.

Kelvin Grove has 4,099 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 59.16% increase in median value, while Units have seen a 59.47% increase. As at 30 September 2024:

  • The median value for Houses in Kelvin Grove is $1,311,286 while the median value for Units is $621,271.
  • Houses have a median rent of $680 while Units have a median rent of $610.
There are currently 13 properties listed for sale, and 17 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Kelvin grove.

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