1602/79 Albert Street, Brisbane City, QLD 4000 | Property Value & History | OnTheHouse
 
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1602/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 76m2
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Last updated 28 Sep 2026
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Property Details for 1602/79 Albert St, Brisbane City

1602/79 Albert St, Brisbane City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 76m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2003
Floor Size
61m2
Land Size
76m2
Local Government
Brisbane
Lot/Plan
1602/SP139730

Last Listing description (March 2023)

This well designed Northeast-facing apartment offers convenient city living on the 16th floor of the popular River City Apartments. The aspect of this apartment is second to none, allowing for plenty of natural light and breeze throughout and great city views from the oversized balcony. Situated in the centre of the CBD and surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the New Albert Station, this property is a perfect home for the working professional or a stand out opportunity for investors looking for high returns and long term capital growth.

Only 1 minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day. Link - https://www.crossriverrail.qld.gov.au/info/#new-stations-top

Only 3 minutes walking distance to The Queen's Wharf Brisbane precinct, which will be a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

Link - https://brisbanedevelopment.com/queens-wharf-precinct/

Do not pass this one up before inspecting - The seller is motivated to sell and move on!

Property Features:
-Stylish main bedroom with mirrored built-in wardrobe & balcony access
-Spacious second bedroom with mirrored built-in wardrobe
-Modern well-appointed bathroom
-One car secure car space C.22 on Basement 2
-Great sized entertaining balcony with unparalleled city views
-Modern open plan living
-Stunning kitchen with stone benchtops and gas cooking
-European stainless steel appliances/dishwasher
-Total living of 76sqm approximately (internal area 61sqm and external balcony 15sqm) on level 16
-Rental potential of $650 per week unfurnished and $700 per week fully furnished to long term tenant
-River City facilities include a pool, spa, sauna, gymnasium and entertaining deck with BBQ area. The perfect central location is just minutes away from all that the vibrant CBD has to offer with Queen St Mall just 200m away.

VIEW THIS LINK TO SEE HOW BRISBANE'S SKYLINE WILL BE TRANSFORMED BY 2022
http://www.brisbanetimes.com.au/queensland/interactive-brisbanes-skyline-to-be-transformed-in-2022-20160815-gqsixb.html

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

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Property History for 1602/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$500,000
09 Feb 2023
Listed for Rent
$500/w
10 Dec 2017
  • 09 Feb 2023
    Sold for $500,000
  • 25 Jan 2023
    Listed for Sale Offers Over $460,000
  • 23 Oct 2017
    Listed for Rent - Price not available
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About Brisbane City 4000

The size of Brisbane City is approximately 2.5 square kilometres. There are 15 parks, covering nearly 18.2% of the total area. The population of Brisbane City in 2016 was 9460 people. By 2021 the population was 12587 showing a population growth of 33.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation.In 2021, 30.80% of the homes in Brisbane City were owner-occupied compared with 36.00% in 2016.

Brisbane City has 13,268 properties. Over the last 5 years, Houses in Brisbane City have seen a 23.98% increase in median value, while Units have seen a 64.61% increase. As at 31 August 2026:

  • The median value for Houses in Brisbane City is $850,823 while the median value for Units is $875,239.
  • Houses have a median rent of $720 while Units have a median rent of $795.
There are currently 112 properties listed for sale, and 75 properties listed for rent in Brisbane city on OnTheHouse. According to Cotality's data, 633 properties were sold in the past 12 months in Brisbane city.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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