OFF MARKET

1/59 Herston Road
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 160m2
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Property Details for 1/59 Herston Rd, Kelvin Grove

1/59 Herston Rd, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 160m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
2013
Floor Size
63m2
Land Size
160m2
Local Government
Brisbane
Lot/Plan
1/SP259985

Last Listing description (March 2014)

FINAL OPPORTUNITY TO BUY IN THIS BOUTIQUE COMPLEX.
H+M is a boutique residential development which redefines the response to designing for inner city living. Set in a small complex of only five, this unit will appeal to owner occupiers and investors alike.
A key element to the success of the design lies in the innovation of the planning, featuring a private courtyard & balcony that enables cross-ventilation and a spacious living area. This results in a fluent transition between indoor and outdoor space and subsequently a capitalisation on floor area.

The car accommodation features a lock up garage and storage cage perfect for those extra household items or bikes. With high rental yield and low Body corporate levies, this is the perfect investment the proximity to QUT and RBH and the many transport options make this a sought after property.
Additional feature/s - Built-In Wardrobes.

Property History for 1/59 Herston Rd, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$475,000
11 Mar 2014
  • 11 Mar 2014
    Sold for $475,000
  • 14 Dec 2013
    Listed for Sale $475,000
  • 17 Aug 2013
    Listed for Sale FROM $499,000
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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 4,050 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 54.00% increase in median value, while Units have seen a 61.12% increase. As at 31 October 2024:

  • The median value for Houses in Kelvin Grove is $1,301,998 while the median value for Units is $629,720.
  • Houses have a median rent of $675 while Units have a median rent of $630.
There are currently 27 properties listed for sale, and 19 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 187 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.