SOLD
Sold on 21 Jul 2024 for $460,000

10/125 Melbourne Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 68m2
Sold By
Sara Curley
Ideal Property Co
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Property Details for 10/125 Melbourne St, South Brisbane

10/125 Melbourne St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 68m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
52m2
Land Size
68m2
Local Government
Brisbane
Lot/Plan
10/SP246003

Last Listing description (August 2024)

Discover urban living at its finest with this stylish one-bedroom apartment nestled in the vibrant heart of South Brisbane. Boasting a total area of 66 sqm, this contemporary residence offers a blend of comfort and convenience.

Upon entering, you are greeted by a spacious living area that seamlessly connects to a private balcony through full glass doors, creating an inviting indoor-outdoor flow perfect for entertaining or relaxing with a view. The large kitchen is a chef's delight, featuring ample bench space, abundant storage, and modern appliances, ideal for culinary enthusiasts. Currently returning a 7% rental yield with the opportunity for higher return!

The generously sized bedroom is complemented by floor-to-ceiling glass sliding doors leading to the balcony, allowing natural light to flood the space and providing a tranquil retreat. The bathroom continues the theme of spaciousness with a well-appointed layout.

Residents of this building enjoy exclusive amenities including an on-site manager for convenience and two outdoor sky decks, offering panoramic views and ideal spaces for social gatherings and leisure activities. This residence also features ample storage space, internal laundry, a secure car park and secure intercom entry.

Situated in a highly sought after location, this apartment ensures easy access to the best of South Brisbane's dining and entertainment. This property is ideally situated near renowned educational institutions like West End State School and Brisbane State High School, perfect for families prioritising education. Nearby parks and recreational facilities offer endless opportunities for weekend activities and family outings. The local community is known for its friendly atmosphere, ensuring a welcoming environment where you can feel at home from day one.

Don't miss out on this fantastic opportunity, contact Sara Curley on 0435 158 117!

Property History for 10/125 Melbourne St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$460,000
21 Jul 2024
Listed for Rent
$580/w
02 Nov 2023
  • 21 Jul 2024
    Sold for $460,000
  • 15 Jul 2024
    Listed for Sale For Sale
  • 30 Oct 2023
    Listed for Rent $580 / week
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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of South Brisbane in 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation. In 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.

South Brisbane has 10,390 properties. Over the last 5 years, Houses in South Brisbane have seen a 51.82% increase in median value, while Units have seen a 38.95% increase. As at 31 July 2024:

  • The median value for Houses in South Brisbane is $1,375,496 while the median value for Units is $704,736.
  • Houses have a median rent of $700 while Units have a median rent of $700.
There are currently 42 properties listed for sale, and 58 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 662 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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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.