605/188 Shafston Avenue, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

605/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 21m2
Land area: 21m2
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Property Details for 605/188 Shafston Ave, Kangaroo Point

605/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 21m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2001
Floor Size
21m2
Land Size
21m2
Local Government
Brisbane
Lot/Plan
605/SP142469

Last Listing description (December 2025)

Beautifully renovated, fully furnished, and perfectly positioned near the Brisbane River, this stylish studio apartment in the highly sought-after Shafston University Mansions offers the ultimate investment. Recently upgraded throughout, the apartment presents as new appealing to both tenants and owner-occupiers seeking a low-maintenance, high-performing property in one of Brisbane's most tightly held suburbs.

Cleverly designed to maximise functionality, this studio features a modern open-plan layout across 21sqm, with sleek finishes, abundant natural light, and a welcoming contemporary ambiance. The fully equipped kitchen offers excellent storage, while the bedroom zone includes built-in robes, a ceiling fan, and air conditioning. The renovated bathroom features quality tiling, a shower, and toilet, completing a low-maintenance, move-in-ready home.

Situated on a secure on riverside block, residents enjoy an impressive suite of amenities including a fully equipped indoor and outdoor gym, recreational lounge, outdoor entertaining areas overlooking the water, on-site laundry, cafeteria, and convenient printing and photocopying services. Professional on-site management and secure swipe access offer peace of mind and ensure the complex is exceptionally well maintained.

Long term Furnished Rental Return of $450 Per Week

Property Features:
Beautifully renovated and fully furnished
One-bedroom studio layout with modern finishes
Built-in robes
Reverse cycle air conditioning & ceiling fan
Stylish renovated bathroom
Functional kitchen with ample storage
Light-filled, low-maintenance 21sqm design
Very low vacancy rates
Excellent rental return and strong yield
Ideal for investors, or portfolio growth

Complex Features:
Fully equipped indoor & outdoor gym
Recreational lounge
On-site laundry facilities
Outdoor riverside entertaining spaces
Secure building with lift access

This is a high-performing, low-maintenance property in a prime riverside location, perfect for investors or anyone seeking a stylish inner-city base

Kangaroo Point Living:

Kangaroo Point is one of Brisbane's most desirable inner-city suburbs, offering a rare blend of tranquillity and connectivity. Residents enjoy riverside boardwalks, parklands, and the famous Kangaroo Point Cliffsperfect for cycling, climbing, or a sunset stroll. The area is dotted with vibrant cafs, restaurants, and boutique delis, while ferry terminals and walking paths provide effortless access to the CBD, Howard Smith Wharves, and South Bank.

With Brisbane set to host the 2032 Olympic Games, Kangaroo Point is positioned at the heart of the city's future growth. Significant infrastructure investment is already underway, enhancing connectivity and lifestyle amenities. For homeowners and investors alike, this riverside suburb promises not only an exceptional lifestyle but also strong long-term value as Brisbane steps onto the world stage.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Property History for 605/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$134,000
11 May 2015
  • 28 Nov 2025
    Listed for Sale Offer's Over $295K +
  • 26 May 2024
    Listed for Sale Offers Over $200,000
  • 11 May 2015
    Sold for $134,000
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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.0% of total area. The population of Kangaroo Point in 2016 was 8063 people. By 2021 the population was 9689 showing a population growth of 20.2% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation.In 2021, 36.00% of the homes in Kangaroo Point were owner-occupied compared with 36.90% in 2016.

Kangaroo Point has 7,063 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 60.35% increase in median value, while Units have seen a 88.79% increase. As at 30 November 2025:

  • The median value for Houses in Kangaroo Point is $1,700,159 while the median value for Units is $1,013,365.
  • Houses have a median rent of $700 while Units have a median rent of $740.
There are currently 37 properties listed for sale, and 33 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 329 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.