OFF MARKET

5/7 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 93m2
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Property Details for 5/7 Prospect Tce, Kelvin Grove

5/7 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 93m2. While the property is not currently for sale or for rent, it was last transferred in April 2012.

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

Last Listing description (April 2022)

This wonderful apartment is located in the iconic 'Morris Tor' - a quality built and meticulously maintained building. 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 caf's & boutiques, restaurants, QUT, Kelvin Grove Village, city transport and much more.

Great features on offer are -

- Enjoy an abundance of natural light and gentle breezes

- Spacious open plan living area
- Ponder life on the great covered balcony whilst enjoying the spectacular scenery
- Tidy and functional kitchen with breakfast bar and plenty of cupboard space
- 2 well-proportioned bedrooms
- 1 large bathroom with internal laundry
- White goods included

Other features on offer are -

- Inground Swimming pool and common roof top entertaining area
- Lift access to the unit
- Secure intercom entry
- Secure undercover parking with small adjacent storage area

Living on Prospect Terrace will provide you with the ideal opportunity of making the most of inner city living - good transport, a wide selection of cafes, restaurant and pubs, and great shopping opportunities!

Go directly to www.arthurconias.com.au to book your inspect ion or register to join an existing inspection. You can choose a day and time that suits you. PLEASE NOTE if you do not register online, we cannot notify you of any time changes or cancellations to inspections.

Application forms can be downloaded from our website at www.arthurconias.com.au. Once you have inspected the property, if you wish to proceed it is recommended you have the application form completed and provide to our representative at the inspection.

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias will not be held liable for any errors in typing or information. All information is considered correct at the time of printing.

Property History for 5/7 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Transferred
$180,000
19 Apr 2012
Listed for Rent
$385/w
02 Apr 2022
  • 06 Mar 2022
    Listed for Rent $385 / week
  • 07 Feb 2020
    Listed for Rent $350 / week
  • 19 Dec 2018
    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 4,094 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.