311/38 Gladys Street, Stones Corner, QLD 4120 | Apartment for sale | OnTheHouse
 
FOR SALE
From High $900K

311/38 Gladys Street
Stones Corner QLD 4120

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Courtyard & Parkside Living @ Gemstone

Set along Gladys Street, Gemstone Apartments occupies a parkside position in Stones Corner, with open green space forming a key part of the setting.
This ground floor apartment includes two bedrooms, two bathrooms, a separate study, two private courtyards and a secure single car space. The courtyards add a strong outdoor component to the residence and give the apartment a greater sense of space and privacy.
The floorplan is practical and well separated, with the study positioned independently from the main living and bedroom areas. The two courtyards also bring additional light and openness into the apartment, while the ground floor position creates a direct connection to the surrounding park environment.
Gemstone Apartments is a tightly held complex, and its parkside setting is one of its defining qualities. Unlike many apartment developments, the building is not surrounded by dense built form, giving it a more open residential feel while remaining close to the broader amenities and transport connections of Stones Corner.
To arrange your private inspection contact Melinda Allamby 0403 460 553 or Chanel Allamby 0411 483 023.
Capital Growth
The long term value of the property is supported by a combination of location, limited supply and the nature of the surrounding environment.
Parkside positions within established inner Brisbane suburbs are inherently limited, and that scarcity becomes more relevant as surrounding areas continue to develop and intensify.
Stones Corner also benefits from its position within Brisbane's inner south, with established transport, employment, medical and education infrastructure already in place. These factors continue to support demand across both owner occupier and rental markets.
The apartment itself also sits outside the more standardised two bedroom format, with its separate study, ground floor position and two private courtyards adding characteristics that are less common in newer developments.
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Property Details for 311/38 Gladys St, Stones Corner

311/38 Gladys St, Stones Corner is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with MSL Property Group.

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About Stones Corner 4120

The population of Stones Corner in 2016 was 8936 people. By 2021 the population was 2336 showing a population decline of 73.9% in the area during that time. The predominant age group in Stones Corner is 20-29 years. Households in Stones Corner are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stones Corner work in a professional occupation.In 2021, 37.10% of the homes in Stones Corner were owner-occupied compared with 40.80% in 2016.

Stones Corner has 1,733 properties. Over the last 5 years, Houses in Stones Corner have seen a 47.19% increase in median value, while Units have seen a 111.08% increase. As at 31 July 2026:

  • The median value for Houses in Stones Corner is $1,497,503 while the median value for Units is $939,285.
  • Houses have a median rent of $750 while Units have a median rent of $675.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Stones corner on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Stones corner.

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Melinda Allamby
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Chanel Allamby
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MSL Property Group
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