OFF MARKET

51 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 169m2
Land area: 257m2
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Property Details for 51 Prospect Tce, Kelvin Grove

51 Prospect Tce, Kelvin Grove is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 257m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in February 2008.

Building Type
House
Year Built
1920
Floor Size
169m2
Land Size
257m2
Local Government
Brisbane
Lot/Plan
15/RP20406

Last Listing description (October 2023)

To enquire, please email or call 1300 815 051 and enter code 4580

Enjoy the uninterrupted breezes through French doors and decorative casement windows from the front to the back deck in this elegantly renovated Queenslander. Stunning views of the mountains and north-western suburbs are a treat as well as being spoilt for choice with city glimpses less than 3kms away. Here you can offer space to extended family, a growing teen, or due to the ultra-convenient location, why not set up your very own Airbnb!

Situated in the heart of Kelvin Grove, this charming Queenslander is conveniently located and offers a low maintenance lifestyle perfect for home buyers, and investors alike. Kelvin Grove Village is a hidden gem that offers incredible infrastructure with blossoming cafes, restaurants, weekend fresh food markets, and shopping precinct. Chemists, post office, bakeries and an early learning centre are also within easy walking distance.

For families, Prospect Terrace also falls within the Kelvin Grove State School catchment area and close to QUT Kelvin Grove campus, UQ Herston and Brisbane Grammar Schools. QIMR, the Roundhouse Theatre, parks, walking paths, bikeways, Roma Street Parklands, Suncorp Stadium, Victoria Park Golf Course and the Royal Brisbane and Women's Hospitals are all close by, most also within walking distance. The nearest bus stop is just around the corner with regular services direct to the CBD and surrounding suburbs. This property is also close to the Inner-City Bypass, Airport link, CLEM7 and Legacy Way tunnels.

The plans for the golf course to be upgraded to a world-class public park is a positive outlook for future capital growth prospects. The Kelvin Grove Urban Village provides many retail options and recreational facilities for a profitable future Airbnb opportunity. The neighboring Ballymore stadium precinct will also be transformed into a world-class multisport facility for the 2032 Olympic games.

This move in ready family home or investment opportunity boasts:

- classic wrap around covered verandas to read a book, drink your morning coffee or watch the city fireworks
- 2 bedrooms upstairs, both with built in robes, and one with ensuite to the main bathroom
- lots of natural light with original decorative casement or double hung sash windows
- traditional VJs, decorative ornate ceiling roses and wainscoting wall paneling
- freshly painted interior in a neutral palate ready for you to add your flair
- updated bathrooms with new vanities, showers, and toilets
- 2 bedrooms with built in robes, and a bathroom downstairs which includes a bathtub
- separate living area and entry downstairs for home business or granny flat
- under stair storage
- open plan living dining and kitchen opening out to expansive covered decks
- polished pine timber floors upstairs
- modern kitchen appliances, gas cooktop, electric oven, dishwasher, with new kitchen flooring
- internal downstairs laundry with covered washing lines to protect your clothes
- plenty of storage in garage, laundry, and side of house
- newly retained boundary and fencing and fully secured for small pets
- low maintenance established gardens for your enjoyment
- 18 solar panels on a 5KW system
- split system air-conditioning and fans throughout.

Locals describe Kelvin Grove as a safe and ultra-convenient suburb and a wonderful place to live and work. This lovely property is unlikely to stay on the market long, so your visit and inspection is highly recommended.

With limited properties of this character and features in such a highly sought after area, this property will sell quick. For Sale Now.

To enquire, please email or call 1300 815 051 and enter code 4580

Property History for 51 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$832,000
29 Feb 2008
  • 26 Aug 2023
    Listed for Sale For Sale Now
  • 03 Jul 2008
    Listed for Sale Not Disclosed
  • 29 Feb 2008
    Sold for $832,000
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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 4,094 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 17 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.