OFF MARKET

55/48 Walcott Street
St Lucia QLD 4067

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 52m2
Land area: 73m2
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Property Details for 55/48 Walcott St, St Lucia

55/48 Walcott St, St Lucia is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 73m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2010
Floor Size
52m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
55/SP235129

Last Listing description (January 2020)

Don't miss this great investment opportunity to secure a dual key apartment in the heart of St Lucia, and only a mere 5 minute walk to the University of Queensland. This is surely one of the better investment options in the St Lucia UQ precinct. Everything is at your doorstep, including all UQ facilities, shops, various transport options, and only 6.2kms to the Brisbane CBD.
Enjoy the long term returns and high occupancy.

Features:
Dual key - two apartments in one
$32,240 PA income (gross) or $620/week
Air conditioning in both apartments
North facing shared balcony with city views
Shared kitchen and laundry
Furnished
Secure intercom entry
Secure car space
Lift in complex

Body Corporate Levies $3142 per/year
Brisbane City Council rates $1576
Water rates $538 per/year
Year Built 2010
Number of apartments 72

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Property History for 55/48 Walcott St, St Lucia, QLD 4067

A timeline of how this property has performed in the market
Last Sold
$505,000
06 Jul 2021
  • 06 Jul 2021
    Sold for $505,000
  • 23 Nov 2019
    Sold for $422,500
  • 11 Feb 2019
    Listed for Sale $445,000
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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 5,567 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 44 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 212 properties were sold in the past 12 months in St lucia.

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