SOLD
Sold on 04 Jun 2024 for $505,500

1508/16 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 68m2
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Property Details for 1508/16 Ramsgate St, Kelvin Grove

1508/16 Ramsgate St, Kelvin Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 68m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Kelvin Grove in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
51m2
Land Size
68m2
Local Government
Brisbane
Lot/Plan
1508/SP241515

Property History for 1508/16 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$505,500
04 Jun 2024
  • 04 Jun 2024
    Sold for $505,500
  • 17 Oct 2012
    Sold for $435,000

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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 4,101 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.