SOLD
Sold on 18 Oct 2024 for $2,950,000

582 Stanley Street
South Brisbane QLD 4101

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 360m2
Land area: 335m2
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Property Details for 582 Stanley St, South Brisbane

Building Type
Commercial
Floor Size
360m2
Land Size
335m2
Local Government
Brisbane
Lot/Plan
1/RP45987

Last Listing description (December 2011)

ICONIC - ONCE IN A LIFETIME!
* Rare freestanding South Brisbane freehold
* MP3 zoning

* All tenancies under rented
* Further development potential
* $90,000 net per annum (approximately)
* Rear street access
* Don't wait for another chance like this one
* Expressions of Interest close 21/11/11

Property History for 582 Stanley St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$2,950,000
18 Oct 2024
Listed for Rent
$705/w
03 Nov 2020
  • 18 Oct 2024
    Sold for $2,950,000
  • 25 Nov 2011
    Sold for $1,800,000
  • 23 Oct 2011
    Listed for Sale Not Disclosed
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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 10,399 properties. Over the last 5 years, Houses in South Brisbane have seen a 5.41% increase in median value, while Units have seen a 48.05% increase. As at 30 November 2024:

  • The median value for Houses in South Brisbane is $1,058,306 while the median value for Units is $729,837.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 55 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 652 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.