SOLD
Sold on 18 Sep 2023 for $565,000

1/41 School Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 113m2
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Property Details for 1/41 School St, Kelvin Grove

1/41 School St, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 113m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Kelvin Grove in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
88m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
1/SP261117

Last Listing description (October 2023)



Location!!! Location!!! Location!!!

Located at heart of QUT Kelvin Grove Campus precinct with walking distance to everything. The ideal template and location for those who love to be in the centre of it all. This Level 1 apartment is a rare and desirable opportunity for home occupier or wise investor who looking for an investment with a fantastic outlook.

This immaculate apartment redefines the concept of destination living by providing a contemporary 111 SQM total living space to both entertain and relax, plus the convenience of both food and retail shops within stroll distance. Everything you need is at your doorstep: education, transport, parks, supermarket and an endless array of cafes and restaurants.

Main features:
- Generously-size entry balcony provides ample spaces to leave unnecessary items behind before stepping into your home
- Well-devised open plan living flowing out onto a large balcony
- An open plan kitchen with modern European stainless appliances, gas cooktop and plenty of cupboard space
- Spacious master bedroom with walk-in robe and ensuite
- Sizeable 2nd bedroom with built-ins and decent size shower
- Air-conditioning in both master bedroom and living area for comfort year round
- 1 secure car park
- Secure intercom system and password/remote access
- Extra storage right next to ground floor parking lot

Locations:
- 50m to Kelvin Grove State College (Catchment from Prep to Year 12)
- 200m to QUT Kelvin Grove Campus
- 350m to The Woolworth Metro (The Village Shopping Centre)
- 500m to Kelvin Grove bus stop
- 1.5km to Victoria Park
- 1.9km to Brisbane Grammar School
- 2.2km to Roma Street Station
- 2.6km to Royal Brisbane and Womens Hospital
- 2.8km to Brisbane CBD
The property is currently tenanted at $620 per week till start of 2024 New rental estimate is $640 -$680

Looking forward to meeting you in our open homes for inspections, or call me for more information 0481 978 868(Listing ID: 21119362 )

Property History for 1/41 School St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$565,000
18 Sep 2023
Listed for Rent
$550/w
22 Sep 2016
  • 18 Sep 2023
    Sold for $565,000
  • 12 Sep 2023
    Listed for Sale Under Contract
  • 18 Jul 2016
    Listed for Rent $550 / 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 4,101 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 67.63% increase in median value, while Units have seen a 55.36% increase. As at 31 July 2024:

  • The median value for Houses in Kelvin Grove is $1,336,937 while the median value for Units is $585,891.
  • Houses have a median rent of $683 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 18 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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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.