OFF MARKET

3/244 Kelvin Grove Road
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 123m2
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Property Details for 3/244 Kelvin Grove Rd, Kelvin Grove

3/244 Kelvin Grove Rd, Kelvin Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 123m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2001
Floor Size
77m2
Land Size
123m2
Local Government
Brisbane
Lot/Plan
3/SP134401

Last Listing description (April 2021)

Located at the back of the complex with all access from Eureka street this oversized two bedroom unit is an absolute goldmine. In a complex of only four apartments on approx. 941m2 of inner city land the potential for future capital growth or re-development could exponentially increase the value of this apartment. Currently rented for $370 per week with great long term tenants this kind of opportunity should be seized quickly by a savvy home buyer or investor alike.

Located at the rear of the complex the unit does not suffer from Kelvin Grove road noise and has a large entertainers balcony to enjoy the QLD climate. Take advantage of this convenient location within walking distance to the education, dining and shopping opportunities that Kelvin Grove Village offers.

- Polished Timber Floors

- Large Functional Kitchen with Stainless steel dishwasher
- Bright Living and Dining Area with Airconditioning
- Two Queen Sized Bedrooms with Built in Wardrobes and Fans
- Renovated Bathroom and Laundry
- Lock Up Garage

Information contained on any marketing material, website or other portal should not be relied upon, and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 3/244 Kelvin Grove Rd, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$362,500
02 Mar 2021
Listed for Rent
12 Mar 2020
  • 02 Mar 2021
    Sold for $362,500
  • 25 Feb 2021
    Listed for Sale Call Jackson
  • 26 Feb 2020
    Listed for Rent $370 / 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 4,050 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 29 properties listed for sale, and 21 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 189 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.