OFF MARKET

1012/111 Melbourne Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 56m2
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Last updated 16 Sep 2024
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Property Details for 1012/111 Melbourne St, South Brisbane

1012/111 Melbourne St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 56m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2016
Floor Size
51m2
Land Size
56m2
Local Government
Brisbane
Lot/Plan
1012/SP270321

Last Listing description (October 2022)

Be fast to secure this near new attractive 1-bedroom apartment in one of South Brisbane's best positions right in the action and a stone's throw from all that this popular suburb has to offer. It is part of the exclusive Melbourne Residence complex, designed and developed by ARIA.

Attractive features include:
- Gas kitchen with stone benchtops and high quality stainless steel appliances

- Combined living/dining area with built-in study nook
- High ceilings and ducted air conditioning throughout
- Balcony with elevated aspect
- Generous main bedroom with built-ins
- Stylish two way bathroom with large shower and floor/ceiling tiles
- Internal laundry
- Secure car space with storage box

The apartment complex comes with a fabulous reputation, A-grade facilities and onsite management. Resort style pool, gym, multiple seating areas, theatre room, common dining room + kitchen facilities, high level security, air-conditioned foyers and reasonable body corporate fees.

The property is positioned only a short walk to Southbank/Convention Centre and City, has bus and train station nearby, ample restaurants at its door including the famous Fish Lane fine dining strip, new West Village precinct, and Coles (Soda Factory) Shopping Centre.

If you're looking for a safe inner-city apartment to live in or want a low maintenance passive investment in a prime position this one ticks all the boxes. Be Quick!

Property History for 1012/111 Melbourne St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$425,000
06 Oct 2022
Listed for Rent
$500/w
04 Oct 2022
  • 06 Oct 2022
    Sold for $425,000
  • 29 Sep 2022
    Listed for Rent $500 / week
  • 01 Aug 2022
    Listed for Sale Under Contract
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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 10,316 properties. Over the last 5 years, Houses in South Brisbane have seen a -17.47% decrease in median value, while Units have seen a 46.82% increase. As at 31 August 2024:

  • The median value for Houses in South Brisbane is $876,142 while the median value for Units is $720,857.
  • Houses have a median rent of $700 while Units have a median rent of $705.
There are currently 45 properties listed for sale, and 53 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 648 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.