SOLD
Sold on 15 Dec 2023 for $328,000

507/35 Peel Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 51m2
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Property Details for 507/35 Peel St, South Brisbane

507/35 Peel St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 51m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
51m2
Land Size
51m2
Local Government
Brisbane
Lot/Plan
507/SP227497

Last Listing description (November 2022)

Owner has given firm and clear instructions, "All offers over $235,000 will be genuinely and respectfully considered" If you ask me, I'd say he is serious! Brilliant Unit in a great location to live in, or as an investor, achieve a gross yield over 7.5% Either way, it's an excellent value for money buy.

Avoid disappointment and don't delay.


CALL NOW to arrange an inspection.

Mobile 0411516659


If a low cost, easy going, hassle free, flexible and convenient lifestyle is what you're looking for then this unit fits the criteria. Whether to live in, to rent out or both over a period of time, this unit offers you a range of alternative uses.
It's central position in South Brisbane has convenience stamped all over it. A short walk of about 200 metres is all it takes to visit Brisbane's cultural Hub including GOMA, QPAC, the Cultural Centre, Southbank and a list of award winning restaurants.
That convenience also exists for road access to Brisbane Central, West End, Inner City Bypass, Brisbane Airport, Suncorp Stadium, Centenary Highway, Mount Coot-tha and Ipswich.
You will also have on-site access to a beautifully maintained, safe and secure Pool and Modern Gym all year round.
This property is an entry level starter into the property market for first home-buyers to easily gather equity to form an ideal foundation property for your financial security.
It's also an excellent rental option and is rented at $360/week at present which means, with even the smallest deposit is well and truly positively geared.

Call Wayne at anytime on 0411 516 659 to arrange an inspection.

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Property History for 507/35 Peel St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$328,000
15 Dec 2023
Listed for Rent
$450/w
22 Jul 2015
  • 15 Dec 2023
    Sold for $328,000
  • 25 Nov 2022
    Sold for $235,000
  • 17 Aug 2022
    Listed for Sale SOLD - Price Withheld
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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 10,190 properties. Over the last 5 years, Houses in South Brisbane have seen a 2.88% increase in median value, while Units have seen a 41.38% increase. As at 30 September 2024:

  • The median value for Houses in South Brisbane is $970,315 while the median value for Units is $696,938.
  • Houses have a median rent of $695 while Units have a median rent of $720.
There are currently 40 properties listed for sale, and 40 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 657 properties were sold in the past 12 months in South brisbane.

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