15 Phillips Avenue, Atherton, QLD 4883 | House for sale | OnTheHouse
 
FOR SALE
Offers over $850,000

15 Phillips Avenue
Atherton QLD 4883

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 275m2
Land area: 890m2
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Exceptional Elevated Dual-Living Residence with Income Potential and Mountain Views

Phone enquiries - please call 1300 594 794 and quote property ID 40704.
Welcome to 15 Phillips Avenue, Atherton QLD 4883 — an outstanding elevated dual-living residence offering space, versatility, strong rental return, and beautiful mountain views, all in a highly convenient location within walking distance to both primary and high schools.
Set on a generous 890m² block, this impressive two-storey home has been thoughtfully designed to accommodate flexible living arrangements, making it ideal for extended families, multigenerational living, or investors seeking a high-performing dual-income property.
Importantly, the property has two active leases currently in place, providing immediate rental income. The new owner has the option to continue the existing tenancies or, if preferred, the property can be made available with vacant possession upon sale (Leases end September the 5th, 2026).
A key feature of this home is its elevated position, capturing excellent views and cooling breezes that enhance both comfort and lifestyle. The property also benefits from no overlays, providing greater flexibility and peace of mind for future use and planning.
The upstairs residence forms the main family living area and features polished timber floors, adding warmth and character throughout. It includes three bedrooms, a dedicated office, and spacious open-plan kitchen, dining, and living zones. The well-appointed kitchen features a quality SMEG gas cooker, dishwasher, and generous bench space, making it ideal for everyday living and entertaining.
The main living area is climate-controlled with air conditioning and complemented by a wood heater, ensuring year-round comfort. Large windows and the elevated position allow natural light to fill the home while capturing scenic outlooks. A spacious balcony extends the living area outdoors, providing the perfect setting to relax or entertain while enjoying views towards the distant mountains.
Downstairs offers a fully self-contained living area with tiled floors throughout for durability and low maintenance. It includes two bedrooms, a second lounge, kitchen facilities, laundry, and a separate electricity meter. The lower level can be securely separated from the upstairs residence, creating genuine dual-living capability. This flexible space is ideal for extended family, guests, independent living, or continued rental income.
Outdoors, the property continues to impress with a covered patio area for entertaining, established gardens, and a productive selection of fruit trees including avocado, lemon, orange, mandarin, and banana, adding a wonderful lifestyle element.
Practical features include covered accommodation for four vehicles, an integrated workshop, and substantial under-house storage. Solar panels further enhance energy efficiency and help reduce ongoing electricity costs.
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Property Details for 15 Phillips Ave, Atherton

15 Phillips Ave, Atherton is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 890m2 and floor size of 275m2. The place is currently for sale with No Agent Property.

Building Type
House
Floor Size
275m2
Land Size
890m2
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About Atherton 4883

The size of Atherton is approximately 94.1 square kilometres. There are 33 parks, covering nearly 9.3% of the total area. The population of Atherton in 2016 was 7331 people. By 2021 the population was 7724 showing a population growth of 5.4% in the area during that time. The predominant age group in Atherton is 60-69 years. Households in Atherton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Atherton work in a professional occupation.In 2021, 59.00% of the homes in Atherton were owner-occupied compared with 56.80% in 2016.

Atherton has 4,632 properties. Over the last 5 years, Houses in Atherton have seen a 84.73% increase in median value, while Units have seen a 98.90% increase. As at 30 June 2026:

  • The median value for Houses in Atherton is $613,242 while the median value for Units is $451,273.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 81 properties listed for sale, and 12 properties listed for rent in Atherton on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Atherton.

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