SOLD
Sold on 14 Feb 2024 for $400,000

902/16 Merivale Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 62m2
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Property Details for 902/16 Merivale St, South Brisbane

902/16 Merivale St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 62m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
53m2
Land Size
62m2
Local Government
Brisbane
Lot/Plan
902/SP235603

Last Listing description (January 2024)

Welcome to 902/16 Merivale Street, situated in the heart of South Brisbane
Enjoy the sought-after walkable lifestyle that is highly desired by both owner-occupiers and investors alike with Brisbane's best dining, shopping, and public transport right at your doorstep.

Cleverly designed, with quality finishes and an effortless flow from room to room. This home is ideal for the discerning property buyer.

Apartment living is simpler which translates to a happier, lower-stress life. A simpler lifestyle provides the space to figure out what matters most and the freedom to focus on these things.

Favourite Features Include:
Open plan Living
Separate European style laundry plus linen/storage cupboard
Split system air conditioning, security intercom, lift access
One secure car space and visitor parking available
Master bedroom complete with floor to ceiling robes
Onsite gymnasium, pool and BBQ area

Nearby Destinations:

Walk to countless lifestyle attractions
Exceptional access to public transport
South Bank Parklands
Brisbane CBD
GoMa
Museums
UQ
With more outstanding features than listed here and inspection is essential to fully appreciate all this apartment has to offer.

Take advantage of this exceptional opportunity!

Contact Matt Sale or Jordan Curtis for further interest

Property History for 902/16 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$400,000
14 Feb 2024
  • 14 Feb 2024
    Sold for $400,000
  • 05 Dec 2023
    Listed for Sale $425,000
  • 02 Sep 2010
    Sold for $439,000

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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 10,392 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 55 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.

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.