OFF MARKET

404/16 Merivale Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 98m2
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Last updated 17 Feb 2025
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Property Details for 404/16 Merivale St, South Brisbane

404/16 Merivale St, South Brisbane is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 98m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2012
Floor Size
78m2
Land Size
98m2
Local Government
Brisbane
Lot/Plan
404/SP235603

Last Listing description (December 2021)

This beautifully presented two bedroom, two bathroom unit located in the thriving hub of South Brisbane - one of Brisbane's fastest growing urban and cultural precincts is the perfect opportunity for any discerning investor or owner occupier.

Boasting a popular north-east aspect from the large balcony and with city views, high quality finishes throughout the spacious floor plan, you won't be disappointed with what this unit has to offer

- Spacious 95sqm floorplan

- Two generous bedrooms with built-ins
- Two bathrooms including an ensuite
- One secure car space
- Reverse cycle air-conditioning and ceiling fans
- Pool, Gym and BBQ area
- Stainless steel SMEG appliances
- Stone benchtops
- Plenty of storage throughout the unit
- Secure complex with on-site property management
- Huge balcony with north-east aspect and city views
- Currently leased until December 2021

When they say LOCATION is key in real estate, they were obviously talking about this unit. Well located in relation to various public transit nodes, including the South East Busway (Cultural Centre and South Bank stations), 450m to South Brisbane train station, and West End and South Bank ferry terminals. Walking distance to the trendy West End precinct with over 270 restaurants, bars and cafes, QUT Gardens Point, QPAC, Queensland Museum, Queensland Convention Centre and Queensland Library. It is also in the prestigious school catchment for Brisbane State High School.

Owners are motivated to sell and will consider all genuine offers.

Property History for 404/16 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$430,000
05 Nov 2021
Listed for Rent
$420/w
25 May 2021
  • 05 Nov 2021
    Sold for $430,000
  • 02 Sep 2021
    Listed for Sale Under Contract
  • 20 May 2021
    Listed for Rent $420 / 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 10,401 properties. Over the last 5 years, Houses in South Brisbane have seen a -3.68% decrease in median value, while Units have seen a 45.42% increase. As at 31 January 2025:

  • The median value for Houses in South Brisbane is $1,023,156 while the median value for Units is $739,228.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 44 properties listed for sale, and 38 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 625 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.