1 Musgrave Terrace, Alderley, QLD 4051 | Property Value & History | OnTheHouse
OFF MARKET

1 Musgrave Terrace
Alderley QLD 4051

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 150m2
Land area: 391m2
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Property Details for 1 Musgrave Tce, Alderley

1 Musgrave Tce, Alderley is a 0 bedroom, 0 bathroom House with 8 parking spaces and was built in 1920. The property has a land size of 391m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in May 2011.

Building Type
House
Year Built
1920
Floor Size
150m2
Land Size
391m2
Local Government
Brisbane
Lot/Plan
9/RP866825

Last Listing description (October 2019)

Investors, small scale developers, and self-managed super funds are encouraged to inspect the Terraces on Musgrave complex in a desirable pocket of near city Alderley. The complex contains five townhouses over 1012m2, all one title, and will be sold in one line. Whether you are an investor or looking to land bank for the future, this complex of contemporary townhouses are worthy of your inspection.

The owners are committed to selling and this property will be sold. For an unbeatable investment opportunity, ensure you inspect this weekend or contact George or Max Hadgelias for further information!


Features include:
* A well-maintained complex in a desirable and convenient pocket of Alderley;
* All townhouses are tenanted, with current rental returns at $2245 / week;
* Each townhouse includes three bedrooms, two bathrooms, and garaging;
* Opportunity to have the property converted to strata titles in the future.

Units 1, 2, and 3 share the same single-storey layout, with the living and dining on the same level as the bedrooms - ideal for young families who need to supervise younger family members. Units 4 and 5 are split over two levels, to provide privacy and separation for professional couples or older families.

The five townhouses offer generously proportioned combined living and dining areas, including glossy tiled floors and air-conditioning for your comfort. The modern kitchen overlooks the living space with stone benchtops, breakfast bar, and suite of stainless steel appliances to ensure easy catering for family and friends. The living area opens directly onto a large balcony with leafy local views, perfect for entertaining. In every townhome, the three bedrooms are queen-sized, each with built-in storage and carpet. The master bedroom boasts an ensuite, while the other bedrooms are serviced by a large main bathroom.

If, down the track, you would like to sell one or more of the townhouses, the current owners have prepared pricing to have the townhomes strata titled and create a body corporate. The perfect fusion of convenience and lifestyle is on offer at 20 Musgrave Terrace, ensuring strong tenant demand. Alderley has been revitalised with a recently redeveloped shopping precinct and updated railway station. The Banks Street reserve is a short walk away, giving you access to hectares of natural bushland while remaining a stone's throw from the city centre. You can look forward to combining quiet suburban living, with an inner-city lifestyle.

Property History for 1 Musgrave Tce, Alderley, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$715,000
01 May 2011
  • 25 Sep 2018
    Listed for Sale $2,495,000
  • 27 Nov 2017
    Listed for Sale Offers over $2,550,000
  • 01 May 2011
    Sold for $715,000
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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2016 was 6117 people. By 2021 the population was 6748 showing a population growth of 10.3% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation.In 2021, 57.60% of the homes in Alderley were owner-occupied compared with 56.20% in 2016.

Alderley has 3,624 properties. Over the last 5 years, Houses in Alderley have seen a 82.65% increase in median value, while Units have seen a 113.14% increase. As at 31 January 2026:

  • The median value for Houses in Alderley is $1,673,567 while the median value for Units is $880,396.
  • Houses have a median rent of $668 while Units have a median rent of $588.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Alderley on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Alderley.

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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.