SOLD
Sold on 30 Oct 2023 for $407,000

506/55 Railway Terrace
Milton QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 65m2
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Property Details for 506/55 Railway Tce, Milton

506/55 Railway Tce, Milton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 65m2 and floor size of 55m2. 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 Milton in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
55m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
506/SP234022

Last Listing description (September 2016)

Be the first one to move in to this brand new one bed unit unfurnished. Kitchen is installed with European appliances.
Launching the newly built The Milton and one of Brisbane s most exciting residential and lifestyle addresses, this vibrant new community incorporates 30 levels of luxury apartments, a contemporary foyer and exclusive club lounge furnished with Giorgio Armani s Casa range, resort-style amenities, premium commercial suites and niche retail, in the exclusive inner city suburb of Milton.
Located 1.5km from the Brisbane CBD, The Milton is situated within an exclusive Blue Chip suburb. The brand new Milton Train Station is at your door step and only 4 mins via the train to the CBD, residents are also near the newly opened Milton CityCat Terminal and direct access to Coronation Drive, Riverside Expressway and the Inner City Bypass. With nearby walkways, schools, hospitals and the Park Road restaurant precinct, The Milton's inner city location is unsurpassed.

Resort style facilities located on the recreation deck including a Resident s Lounge, 2 BBQ areas, Sauna, Steam Room, Landscaped Retreats, Brisbane City and Suburban views as well as access to a Roof Top Observation Deck.
We have a number of FURNISHED AND UNFURNISHED UNITS available for rent NOW- call and book your private viewing now!!!
Call 1300 592 307 or email rentals@themiltonbrisbane.com. Be one of the first to move in to this BRAND NEW Residences!!!
NBN Network available at this address!!

Property History for 506/55 Railway Tce, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$407,000
30 Oct 2023
Listed for Rent
$370/w
11 Mar 2016
  • 30 Oct 2023
    Sold for $407,000
  • 25 Feb 2016
    Listed for Rent - Price not available
  • 14 Oct 2015
    Sold for $409,000

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About Milton 4064

The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.

Milton has 2,795 properties. Over the last 5 years, Houses in Milton have seen a 32.67% increase in median value, while Units have seen a 29.05% increase. As at 30 September 2024:

  • The median value for Houses in Milton is $1,505,035 while the median value for Units is $628,826.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 32 properties listed for sale, and 38 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Milton.

Suburb Insights for Milton 4064

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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.