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Sold on 29 Mar 2024 - Price Unavailable

32 Surrey Street
Red Hill QLD 4059

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 330m2
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Property Details for 32 Surrey St, Red Hill

Building Type
Land
Land Size
330m2
Local Government
Brisbane
Lot/Plan
11/SP333729

Last Listing description (March 2024)

Showcasing exceptional elevation overlooking the suburb towards the CBD, this vacant city fringe allotment is ripe for development. Positioned in a tightly held enclave, conveniently located within walking distance to Red Hill and Latrobe Terrace, this urban locale will attract family buyers seeking a neighbourhood with convenient amenities in a desirable school catchment.

This low maintenance, 330m2 allotment features 9.52 metre frontage and is ideal for an architect designed, freehold townhome alternative that will showcase its orientation and capture the beautiful views.

Vacant land this close to the CBD is hard to come by and such a rare opportunity is sure to attract buyers seeking a residential allotment in a suburb that demonstrates a proven track record for growth and return on investment.

Features:
- 330m2 of level land
- Services connected and ready to build
- Elevated allotment in convenient location

Located just 3 kilometres from the CBD, the busway located on Musgrave Road is convenient for commuters. Botanica and Le Coin Bistro are popular eateries with the locals. Other highlights include the iconic Red Hill Cinema and Couverture & Co. Just a short walk to Latrobe Terrace and Suncorp Stadium.

Within the school catchments for Petrie Terrace State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).

Inspect by appointment or contact Max Hadgelias for further information about submitting your expression of interest.

Property History for 32 Surrey St, Red Hill, QLD 4059

A timeline of how this property has performed in the market
Last Sold
29 Mar 2024
  • 08 Mar 2024
    Sold for $1,100,000
  • 11 Jan 2024
    Listed for Sale For Sale

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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 2,829 properties. Over the last 5 years, Houses in Red Hill have seen a 76.21% increase in median value, while Units have seen a 43.59% increase. As at 31 August 2024:

  • The median value for Houses in Red Hill is $1,596,216 while the median value for Units is $702,114.
  • Houses have a median rent of $720 while Units have a median rent of $500.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Red hill on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 4059

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Contact agent
Max Hadgelias
Show contact details
Ray White Paddington (Qld)
Preferred contact:
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.