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Sold on 27 Sep 2024 for $413,000

2 Gailey Road
St Lucia QLD 4067

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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Property Details for 2 Gailey Rd, St Lucia

2 Gailey Rd, St Lucia is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in St Lucia in the last 12 months.

Building Type
Unit
Floor Size
75m2
Local Government
Brisbane
Lot/Plan
2/BUP103836

Last Listing description (September 2024)

This unit located in St Lucia presents a unique opportunity to secure an affordable property that showcases position and potential - get your foot in the property door or snap up a great investment so close to the CBD and The University of QLD.

Calling all owner/occupiers, investors and short-term holiday rental gurus - there are endless possibilities with a property such as this. These types of units generate strong rental returns with similar units achieving $450+ per week.

Body Corp fees ~$3154.50/year (~$60.66/week)

Property features:
- Spacious bedroom with air conditioning and ensuite flowing out to private courtyard
- Well-equipped kitchen with space for a dishwasher
- Open plan dining and living
- Internal laundry area
- Private rear balcony with additional courtyard and separation at the front
- Allocated secure car park

Complex Facilities:
- Swimming pool
- Lush gardens
- Secure, gated complex

St Lucia is a popular riverside suburb located approximately 7km from Brisbane CBD offering a mix of properties including grand riverfront homes to apartments and units. This suburb offers easy access to a range of amenities including Ironside State School, University of Queensland, golf club, parks, shops and public transport. St Lucia is a sought-after suburb to reside in.

Contact the agent to arrange an inspection and secure this gem.

Property History for 2 Gailey Rd, St Lucia, QLD 4067

A timeline of how this property has performed in the market
Last Sold
$413,000
27 Sep 2024
Listed for Rent
$320/w
01 Oct 2015
  • 27 Sep 2024
    Sold for $413,000
  • 22 Aug 2024
    Listed for Sale Offers over $390,000
  • 14 Aug 2024
    Listed for Rent $400 / week
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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of total area. The population of St Lucia in 2011 was 11,194 people. By 2016 the population was 12,586 showing a population growth of 12.4% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation. In 2011, 41.9% of the homes in St Lucia were owner-occupied compared with 41.6% in 2016.

St Lucia has 5,568 properties. Over the last 5 years, Houses in St Lucia have seen a 66.38% increase in median value, while Units have seen a 56.34% increase. As at 30 September 2024:

  • The median value for Houses in St Lucia is $1,979,470 while the median value for Units is $756,979.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 56 properties listed for sale, and 45 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in St lucia.

Suburb Insights for St Lucia 4067

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Matthiew Hogg
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Matthiew Hogg Property
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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.