OFF MARKET

19/7 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 93m2
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Property Details for 19/7 Prospect Tce, Kelvin Grove

19/7 Prospect Tce, Kelvin Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 93m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1968
Floor Size
74m2
Land Size
93m2
Local Government
Brisbane
Lot/Plan
19/BUP351

Last Listing description (January 2018)

The Morris Tor Apartments were built in 1969, taking advantage of an elevated position, and have since been regarded as a landmark in Kelvin Grove. The quality of the original construction is evident and the apartments continue to experience high demand from both owner-occupiers and investors.

Apartment 19 is on the 5th floor (only one floor from the top) and therefore commands wonderful sweeping views from Mt. Coot-tha in the west, right around to the eastern suburbs, with an optimal north-facing balcony. The balcony acts as an extension to the living rooms and kitchen, therefore ensuring that residing and entertaining will always take full advantage of the outlook.

The apartment is fresh and well maintained, with a light and bright colour scheme. Flooring is polished timber with carpeted bedrooms. The smart kitchen provides ample storage, a stainless steel cooker, good bench space and a versatile island module on wheels. From the kitchen window you'll enjoy wonderful views towards the city.

The double bedrooms are separated from the living rooms, and from each other by a central bathroom. One of the bedrooms has a built-in wardrobe, and both provide captivating district views. The bathroom offers a generous shower, and compact laundry to one side, with a separate toilet.

The complex is secure, with intercom entry, and has a lift to all floors. An in-ground pool is available for relaxing and entertaining and is private from the street. A single car park is provided with storage space for bicycles. Opposite the apartment is a separate shared secure storage room for non-essential items.

The position of this apartment complex is hard to beat. Around the corner you have the Red Hill shops and post office. Walk down the Terrace, and Kelvin Grove Urban Village offers you exciting cosmopolitan amenities such as cafs, restaurants, a supermarket and a weekend community market. A bus stop is just around the corner, but as the CBD is only 3 kms away, walking into the city is not too much of a stretch. The apartment is in the catchment for the highly regarded Kelvin Grove State College, and QUT is a short walk away. This location is truly fabulous.

Body Corp Fees approx $4,658 per annum.

Property History for 19/7 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$395,000
24 Aug 2017
Listed for Rent
$380/w
18 Nov 2015
  • 24 Aug 2017
    Sold for $395,000
  • 08 Aug 2017
    Listed for Sale Offers over $399,000
  • 25 Aug 2015
    Listed for Rent - Price not available
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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 62.39% increase in median value, while Units have seen a 56.56% increase. As at 31 August 2024:

  • The median value for Houses in Kelvin Grove is $1,311,910 while the median value for Units is $616,646.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 17 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 204 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.