FOR SALE

1/32 Praed Street
Red Hill QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 130m2
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This property is currently on the market
Entry Level Buying Located in the Heart of Red Hill
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Property Details for 1/32 Praed St, Red Hill

1/32 Praed St, Red Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 130m2 and floor size of 66m2.This Property is currently listed for sale with Ray White Paddington (Qld)

Building Type
Unit
Year Built
1980
Floor Size
66m2
Land Size
130m2
Local Government
Brisbane
Lot/Plan
1/BUP11707

Last Listing description (October 2024)

Beautifully presented and located in an enviable complex of 4 units is this lovely, light filled unit at 1/32 Praed Street, Red Hill. Take this opportunity to secure an entry level property in one of Brisbane's highly sought after locations. This ready to move in unit is ideal for owner-occupiers, downsizers and investors.

The solid building offers security the moment you drive into your garage on the lower level. Upon entering the elevated secure front door, you are presented with polished timber floors and a spacious floor plan. The apartment features a combined living/dining area with a kitchen, 2 bedrooms with built-in robes and a central bathroom. The master bedroom is extremely generous in size. The well-appointed kitchen features plenty of bench space, electric stove cook top/oven. The open plan living flows to a north-east facing balcony overlooking green leafy surrounds. You will spend many times on the balcony sipping your coffee in the morning, or enjoying a glass of wine in the evening while overlooking the surrounding green spaces.


Downstairs includes an oversized car parking space, laundry and plenty of storage. The unit also offers a lock-up storage area, which is so large you could turn it into a home gym, workshop room or hobby space.

Close to schools, shops and parks, including Bancroft Park, Enoggera Creek Bikeway (which hosts Kelvin Grove Park Run) and Ithaca Creek Cycle and Walkways, you are also around 4.9km from the Brisbane CBD. Very close by is the Royal Brisbane Women's Hospital, Victoria Park precinct, Kelvin Grove State College and QUT Kelvin Grove. Cinemas at Red Hill and Newmarket are close by as well as multiple bus options including a Buzz bus stop.

Do not let this opportunity go by as this unit will not last long. Phone Anne Gunson on 0407 114 189 for inspection times and private inspections are also available.

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Property History for 1/32 Praed St, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$106,000
25 Oct 1995
  • 18 Sep 2024
    Listed for Sale UNDER CONTRACT
  • 25 Oct 1995
    Sold for $106,000
  • 10 Sep 1993
    Sold for $80,500
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About Red Hill 4059

The size of Red Hill is approximately 140.9 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Red Hill in 2011 was 5,546 people. By 2016 the population was 5,565 showing a population growth of 0.3% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation. In 2011, 50.6% of the homes in Red Hill were owner-occupied compared with 50.5% in 2016.

Red Hill has 2,786 properties. Over the last 5 years, Houses in Red Hill have seen a 80.29% increase in median value, while Units have seen a 54.86% increase. As at 30 September 2024:

  • The median value for Houses in Red Hill is $1,618,484 while the median value for Units is $750,490.
  • Houses have a median rent of $705 while Units have a median rent of $500.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Red hill.

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