SOLD
Sold on 30 Jul 2024 for $630,000

301/18 Merivale Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 99m2
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Property Details for 301/18 Merivale St, South Brisbane

301/18 Merivale St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 99m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
83m2
Land Size
99m2
Local Government
Brisbane
Lot/Plan
301/SP242199

Last Listing description (April 2019)

Priced to sell! This near new luxury apartment ticks all the boxes without the expensive price tag. It has the size, layout, quality, position, great facilities, reasonable body corps, and will always rent easily being only walking distance to the CBD. It situated in the popular Artisan complex located only metres from South Bank, the train station and within the Brisbane State High catchment.
* Body Corps $7437pa
* Lease at $510pw till 3/6/19.

The 3rd floor north facing property comes with state of the art fixtures including:
impressive kitchen with stone bench tops and timber finish
spacious open plan living/dining area with air conditioning
generous balcony with northern city views
large main bedroom with built-ins and stylish ensuite
decent sized second bedroom with two-way bathroom
internal laundry area
long design layout with great separation between bedrooms
secure car accommodation
The complex comes with a pool, gym, onsite managers, and has potential for short or long term tenants. The property is currently rented to A-grade tenants at $510pw.
You cant go wrong with a large modern apartment in this price bracket. Perfect for an executive couple wanting to be part of the action or a safe investment in Brisbane for family use now and professional renters in the future.
Buy Now!
Body Corporate Fees: $5631pa
Rates: $1576pa
Rent / Lease: $510pw till 03/06/2019

Property History for 301/18 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$630,000
30 Jul 2024
  • 30 Jul 2024
    Sold for $630,000
  • 26 Mar 2019
    Sold for $410,000
  • 10 Oct 2018
    Listed for Sale Offers Over $399,000
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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 10,393 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 41 properties listed for sale, and 52 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 663 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.