SOLD
Sold on 20 May 2024 for $600,000

16/124-128 Merivale Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 98m2
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Property Details for 16/124-128 Merivale St, South Brisbane

16/124-128 Merivale St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 98m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
85m2
Land Size
98m2
Local Government
Brisbane
Lot/Plan
16/SP228952

Last Listing description (March 2023)

This spacious, contemporary apartment exudes urban attitude in the architecturally striking Universal complex.The design draws from the best of classic and modern architecture to inform its graceful faade.
Step inside Apartment 16, a 2 bedroom apartment carefully designed to embrace natural light and take advantage of the sought-after balance of location & lifestyle.
The smart layout brings a pervading sense of openness to the apartment with the open plan living and dining zone transitioning seamlessly to the impressive balcony.

The stunning kitchen boasts stainless steel appliances, sleek stone bench tops, amazing storage and fittings that contribute to the modern aesthetic.
The sleeping quarters offer impeccable accommodation. The Master bedroom offers lush carpet underfoot, generous built in robes and a luxury ensuite. The 2nd bedroom is also generous in size and is serviced by the central stylish bathroom.
As a resident, all that Universal offers is yours to enjoy- a fully equipped by gymnasium, outdoor terrace perfect to entertain, sauna and beautifully appointed change rooms.
Neighbouring the exclusive Southbank precinct & Brisbane's education hub, Universal is just moments from Brisbane's CBD, GOMA, West End dining, Mater Hospitals, Brisbane State High School and Universities.
Apartment 16 at 128 Merivale street blends city style living and convenience with an established infrastructure of transport, education, retail and health.

Property History for 16/124-128 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$600,000
20 May 2024
Listed for Rent
$750/w
11 Jun 2024
  • 20 May 2024
    Sold for $600,000
  • 15 Feb 2023
    Listed for Rent $600 / week
  • 10 Dec 2019
    Sold for $568,000
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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 10,235 properties. Over the last 5 years, Houses in South Brisbane have seen a 55.41% increase in median value, while Units have seen a 47.66% increase. As at 31 October 2024:

  • The median value for Houses in South Brisbane is $1,601,446 while the median value for Units is $717,255.
  • Houses have a median rent of $680 while Units have a median rent of $750.
There are currently 47 properties listed for sale, and 53 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 651 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.