SOLD
RECENT ADVICE
Sold on 28 Oct 2024 for $818,500

806/17 Gibbon Street
Woolloongabba QLD 4102

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 98m2
Sold By
Aurora Property Brisbane
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Property Details for 806/17 Gibbon St, Woolloongabba

806/17 Gibbon St, Woolloongabba is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Woolloongabba in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
98m2
Local Government
Brisbane
Lot/Plan
806/SP279450

Last Listing description (November 2024)

*** Please scroll down to find financial information on this property***

Why You'll Love It:
Perched on the eighth floor of the renowned Lexicon and Akira Apartments in Woolloongabba, this architecturally designed, contemporary apartment sets a new benchmark for convenient, sophisticated city living. High ceilings and abundant natural light amplify the generous sense of space, while full-length sliding doors offer a seamless transition from the open-plan living area to the covered balcony-your perfect retreat for entertaining or soaking in the expansive urban views.

Key Features:
- Contemporary, light-filled apartment on Level 8 of Lexicon and Akira Apartments
- Two bedrooms with built-in robes; main bedroom with walk-through robe to ensuite
- Stylish bathroom, study nook, European laundry, ducted air conditioning, and ceiling fans
- Tinted, double-glazed windows, full-length sliding doors, and window furnishings
- Spacious open-plan living and dining area flowing to a covered entertaining balcony with views
- Modern kitchen with gas cooktop, stainless steel oven, and dishwasher
- Panoramic city views from the rooftop infinity pool, BBQ area, dining space, and lounge
- Secure basement car space, on-site management, and electronic swipe security
- Moments from the ground-floor Eden Lane boutique shopping and dining
- Convenient inner-city location just 4km from Brisbane CBD and South Bank
- Short walk to shops, cafes, dining, bus station, upcoming cross-river rail, and ferries
- Close to The Gabba, quality schools, hospitals, Kangaroo Point, and riverfront
- Potential rental income of approximately $760 to $800 per week

Best Suited For:
Professionals seeking modern, inner-city convenience and investors looking for a well-placed property with proven rental returns in a high-growth area poised to become the heart of the 2032 Olympics.

Body Corporate Levies - $2,435 approx. every 4 months
Total in Sinking Fund - $271,011.81
Council Rates - $508 approx. per quarter
Water Rates - $205 approx. per quarter (excluding water usage charges)

Property History for 806/17 Gibbon St, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$818,500
28 Oct 2024
  • 28 Oct 2024
    Sold for $818,500
  • 07 Oct 2024
    Listed for Sale UNDER OFFER
  • 21 Dec 2016
    Sold for $636,000

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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,399 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:

  • The median value for Houses in Woolloongabba is $1,319,325 while the median value for Units is $697,799.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 16 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Woolloongabba.

Suburb Insights for Woolloongabba 4102

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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.