38 Fifth Avenue, St Lucia, QLD 4067 | House for sale | OnTheHouse
 
FOR SALE
FOR SALE

38 Fifth Avenue
St Lucia QLD 4067

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 632m2
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Elevated Position, City Views in the Prestigious St Lucia Avenues

Commanding an elevated position on the high side of Fifth Avenue, this dual living post-war home represents a rare and highly sought-after opportunity in one of Brisbane's most tightly held suburbs. Positioned on an elevated 632sqm block with sweeping city views, this is the kind of property that is increasingly difficult to secure in the prestigious Avenues of St Lucia-particularly with such outstanding redevelopment potential and a brilliant holding income.
Comfortable and well-maintained, the home offers immediate liveability or rental appeal, with light-filled interiors and generous living spaces. A self-contained lower level provides flexibility for dual living or supplementary income, enhanced by separate power supply for upstairs and downstairs.
However, it is the land and position that truly set this property apart. Elevated, north-east facing blocks with city views in the St Lucia Avenues are exceptionally rare-especially those offering clear scope to renovate, rebuild, or create a premium new residence (STCA). For developers and visionaries, this is a chance to capitalise on a blue-chip address and unlock significant long-term value.
Set within a quiet, tree-lined avenue surrounded by quality homes, the location is second to none-just 400m to Ironside State School, close to St Peter's College, Brisbane Boys' College, and Indooroopilly State High, and only 1km from The University of Queensland. Parks, transport, and shopping are all within easy reach.
• Rare elevated 632sqm block with city views in tightly held avenues of St Lucia
• North-easterly aspect ideal for future design and capitalisation
• Outstanding redevelopment opportunity (STCA) in a premium location
• Existing four-bedroom home with dual-living potential
• Separate power supply for upstairs and downstairs
• Saltwater in-ground pool
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Property Details for 38 Fifth Ave, St Lucia

38 Fifth Ave, St Lucia is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 632m2. The place is currently for sale with Ray White South Brisbane.

Building Type
House
Land Size
632m2
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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. There are 36 parks, covering nearly 19.4% of the total area. The population of St Lucia in 2016 was 12574 people. By 2021 the population was 12220 showing a population decline of 2.8% 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 2021, 44.40% of the homes in St Lucia were owner-occupied compared with 41.60% in 2016.

St Lucia has 5,608 properties. Over the last 5 years, Houses in St Lucia have seen a 40.08% increase in median value, while Units have seen a 89.01% increase. As at 31 July 2026:

  • The median value for Houses in St Lucia is $2,340,362 while the median value for Units is $999,674.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 43 properties listed for sale, and 38 properties listed for rent in St lucia on OnTheHouse. According to Cotality's data, 233 properties were sold in the past 12 months in St lucia.

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Will Bertelsen
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Ray White South Brisbane
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