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Sold on 02 Dec 2023 for $1,280,000

42 Prospect Terrace
St Lucia QLD 4067

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 607m2
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Property Details for 42 Prospect Tce, St Lucia

42 Prospect Tce, St Lucia is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 607m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in St Lucia in the last 12 months.

Building Type
House
Floor Size
153m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
14/RP55615

Last Listing description (December 2023)

Set above recent flood levels, this post-war home is set on a predominantly flat, 607sqm block with a 20.1m frontage. Situated in LMR2 Zoning, typically there is allowance for a minimum lot size of 260sqm, presenting a tantalising opportunity to redevelop (subject to BCC approval) in a high-demand, high-value area. Location-wise, it doesn't get much better - it's a stone's throw from Ironside State School, a stroll from Guyatt Park CityCat, and just over 1km from The University of Queensland with its beautiful grounds along the river as well as a swimming pool and sports facilities. The City is just 5km from here and the airport is about a twenty-minute drive. There is a great cafe just 250m away opposite Jack Cook Memorial Park and the home is surrounded by plenty of other parks and greenery.

The existing house has two bedrooms, two bathrooms, a back deck, a covered patio, several additional rooms downstairs, internal laundry, a tandem lock-up garage and a nice big flat backyard, but the potential on offer here is too great to be ignored.

Already in great company, the street hosts numerous magnificent homes as well as Munro Park (just five doors away), a local cafe at the end of the street, and offers quiet, leafy surroundings. The home is vacant and ready for whatever you decide to do with it. The property is to be sold at public Auction on Saturday, December 2nd at 12 noon. Don't miss this one! Call us today.

Property History for 42 Prospect Tce, St Lucia, QLD 4067

A timeline of how this property has performed in the market
Last Sold
$1,280,000
02 Dec 2023
  • 02 Dec 2023
    Sold for $1,280,000
  • 09 Nov 2023
    Listed for Sale Auction Onsite 2/12/2023
  • 19 Apr 1995
    Sold for $257,500
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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 5,571 properties. Over the last 5 years, Houses in St Lucia have seen a 67.11% increase in median value, while Units have seen a 67.33% increase. As at 31 October 2024:

  • The median value for Houses in St Lucia is $1,965,180 while the median value for Units is $800,783.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 58 properties listed for sale, and 51 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in St lucia.

Suburb Insights for St Lucia 4067

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Doug Disher
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Toby Disher
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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.