SOLD
Sold on 08 Oct 2023 for $395,000

613/148 Victoria Park Road
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 69m2
Sold By
Joel Clifford
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Property Details for 613/148 Victoria Park Rd, Kelvin Grove

613/148 Victoria Park Rd, Kelvin Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 69m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Kelvin Grove in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
57m2
Land Size
69m2
Local Government
Brisbane
Lot/Plan
613/SP265333

Last Listing description (November 2023)

Kelvin Grove has emerged as a sought-after suburb for a diverse range of individuals seeking proximity to key landmarks such as Brisbane City, Queensland University of Technology (QUT), Kelvin Grove State College (recognized among the top 5 in Brisbane), and the Royal Brisbane Hospital. Situated just under 2.5km northwest of Brisbane's CBD, this charming, elevated neighbourhood boasts a picturesque landscape. Over the last five years, it has witnessed substantial growth in median housing prices, as buyers have capitalized on its advantageous location close to the city.

The suburb conveniently sits within walking distance of Victoria Park, an expansive inner-city green space spanning 64 hectares. This park offers an ideal setting for picnics, sports activities like football, tree-climbing, mini-golf sessions, and leisurely walks with your canine companions. Moreover, with the official confirmation of the 2032 Olympics, residing in the heart of Kelvin Grove, a mere 8-minute drive from the CBD, presents an exceptional opportunity to reap the benefits of future capital appreciation.

Kelvin Grove has undergone a notable transformation in its infrastructure over the past 8 to 10 years, primarily driven by the establishment of the Kelvin Grove Village. Within the village precinct, an array of shops, cafes, restaurants, and a Woolworths supermarket have found their home. Notably, the weekly Kelvin Grove Farmers markets, a highly regarded local attraction, also take place within the Village. The suburb enjoys excellent public transportation options, well-serviced by buses, with Kelvin Grove Road and other major routes providing easy access to the city. Given these attributes, Kelvin Grove is poised to continue its allure among both residents and potential tenants.

Noteworthy Highlights:
Embrace an urban lifestyle surrounded by an array of dining and retail options.
Ideal for both homeowners and savvy investors.
Adjacent to Victoria Park, a local haven.
Swift access to bus stops, a mere minute's walk away.
Situated on the sixth floor, offering poolside views.
Onsite amenities include a swimming pool, BBQ area and gym.
Currently leased until February 2024.
Thoughtfully designed with an open-plan layout.
Built in 2015

Don't miss out on your opportunity to secure your piece of Inner City Brisbane real estate! Call Joel Clifford today!

Property History for 613/148 Victoria Park Rd, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$395,000
08 Oct 2023
Listed for Rent
$470/w
22 Feb 2023
  • 08 Oct 2023
    Sold for $395,000
  • 28 Aug 2023
    Listed for Sale Under Contract.
  • 03 Feb 2023
    Listed for Rent $470 / 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 4,099 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 59.16% increase in median value, while Units have seen a 59.47% increase. As at 30 September 2024:

  • The median value for Houses in Kelvin Grove is $1,311,286 while the median value for Units is $621,271.
  • Houses have a median rent of $680 while Units have a median rent of $610.
There are currently 13 properties listed for sale, and 17 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 203 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.