OFF MARKET

56 Gebbie Street
Kelvin Grove QLD 4059

Bedrooms: 12
Bathrooms: 4
Car spaces: -
Floor area: 186m2
Land area: 405m2
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Property Details for 56 Gebbie St, Kelvin Grove

56 Gebbie St, Kelvin Grove is a 12 bedroom, 4 bathroom House and was built in 1930. The property has a land size of 405m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1930
Floor Size
186m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
5/RP20346

Last Listing description (February 2016)

** In room auction will be held at 6:00 pm on Wednesday, 11th November at Harcourts Solutions Mitchelton, 562 Samford Road. **
We need you to use your imagination to see just how fantastic this Kelvin Grove residence could be with a bit of a revamp. We are the first to admit it currently looks a little down on its luck - but what an opportunity to grab a property where all the tough structural work has been done and now all you need to do is make it a Real home (or a fabulous investment).
With over 287sqm of internal space the key question you'll be asking is just what to do with all that room! Live upstairs, rent out downstairs (or vice versa)? Reformat the entire house into a huge family residence? Turn it into 2 units, or shared accommodation? The possibilities are endless!!

Current Features of 56 Gebbie St, Kelvin Grove:
Upstairs:
- Six Bedrooms of a variety of shapes and sizes, all with a wardrobe and basic furniture (Bed, desk, bedside table). You could easily create a large master suite by joining a couple of bedrooms together.
- Two large bathrooms (both with showers), one could easily be converted into an ensuite.
- Large open-plan living and dining space in the centre of the home, leading out to a covered balcony.
- Separate large kitchen off the dining area that looks out over the balcony.
- Access to internal stairs to the ground floor (which can be locked if the levels are being separately tenanted).
- The Balcony has a stairway down to the backyard, which also provides access to the laundry area.
- The internal flooring upstairs is the original floorboards from the house - which, whilst they could do with a sand and polish, are quite beautiful.

Downstairs:
- Six Bedrooms all with built-in all with a wardrobe and basic furniture (Bed, desk, bedside table). Also again you could easily create a large master suite by joining a couple of bedrooms together.
- Two large bathrooms (both with showers) and the potential once again to turn one into an ensuite if required.
- The open-plan living area includes a large modern kitchen which was only put in a few years ago. The sale will include the current furniture in the space.
- Off the living space is direct access to the backyard and an undercover area.
- This level has engineered timber flooring in the living spaces and carpet in the bedrooms.
- This level includes two laundry's - one for upstairs and one for downstairs.
Block:
- Located on a 405sqm block, which is large for the Inner Brisbane precinct.
- The back of the block has a lovely private leafy outlook.
- The front of the block includes off street car parking for 2-3 cars, this space would be great converted into an undercover carport.
- There is access to both levels of the property from the front and back of the house.
Suburb:
Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Queensland University of Technology (QUT) and the Royal Brisbane Hospital.
The suburb's proximity to the city makes it a popular residence for young people, who study at QUT's Kelvin Grove campus, or commute into the city centre for work.
Located less than 4km north west of Brisbane's CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb's proximity to the city.
Kelvin Grove has had an infrastructure boom over the last 5-7 years with the development of the Kelvin Grove Village. The village is home to a number of shops, cafes, restaurants and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets - a popular attraction of the suburb.
Well serviced by buses with easy access to the city along Kelvin Grove Road and other major roads, Kelvin Grove will continue to attract residents and tenants.

Property History for 56 Gebbie St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$808,000
11 Nov 2015
Listed for Rent
$170/w
27 Oct 2015
  • 11 Nov 2015
    Sold for $808,000
  • 14 Oct 2015
    Listed for Sale Auction
  • 18 May 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 4,050 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 27 properties listed for sale, and 18 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.