OFF MARKET

11/7 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 11/7 Prospect Tce, Kelvin Grove

11/7 Prospect Tce, Kelvin Grove is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1968. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1968
Local Government
Brisbane
Lot/Plan
11/BUP351

Last Listing description (April 2021)

Rare Opportunity

This wonderful apartment is located in the iconic 'Morris Tor' - a quality built and meticulously maintained building constructed in 1969 when it was way ahead of it's time - and now a piece of Red Hill history. Capturing the spectacular 180 degree views sweeping from Moreton Bay in the east to The Gap in the west - this is arguably one of the best and most convenient locations on offer in Kelvin Grove/Red Hill which is less than 3km to the CBD and within walking distance to the local Paddington cafes & boutiques, restaurants, QUT, Kelvin Grove Village, city transport and much more.

The apartment enjoys an abundance of light and the gentle breezes that flow plus consists of two good sized bedrooms, an open plan living area that leads to the perfect enclosed 'chillout space' or enclosed balcony/sunroom, where you can sit and ponder life whilst enjoying the sweeping views.

- Tidy and functional kitchen with breakfast bar and plenty of cupboard space

- Sweeping 180 degree views
- Large bathroom with internal laundry
- Separate toilet
- Well designed floor plan

Other features:-

- Inground Swimming pool & common roof top entertaining area
- Low body corporate fees
- Lift access to the unit
- Secure intercom entry
- Shared secure storage adjacent to unit
- Secure undercover parking with small adjacent storage area

This is a rare opportunity so be quick to inspect. It's a lifestyle that you will most certainly enjoy!

Property History for 11/7 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$410,000
03 Mar 2021
  • 24 Mar 2021
    Sold - Price Undisclosed
  • 10 Jan 2021
    Listed for Sale Under Contract
  • 06 Nov 2018
    Listed for Rent $360
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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 4,094 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 49.93% increase in median value, while Units have seen a 62.03% increase. As at 30 November 2024:

  • The median value for Houses in Kelvin Grove is $1,286,624 while the median value for Units is $639,945.
  • Houses have a median rent of $660 while Units have a median rent of $628.
There are currently 21 properties listed for sale, and 18 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 199 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.