29/108 Margaret StreetBrisbane City QLD 4000
Property Details for 29/108 Margaret St, Brisbane City
29/108 Margaret St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 18m2 and floor size of 18m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
Amazing entry level investment opportunity!
This wonderful property is located in the heart of Brisbane, easy walk to everything, including the station, parks, shops and cafes.
Currently rented for $255 per week (or $13,260 gross income a year), makes it around 10% yield, which is a lot better than the bank's interest.
It features lovely open plan studio with city views, kitchen, study nook and a separate bathroom.
It is neat, tidy and well presented, with excellent potential for the future.
The complex is well built and well maintained and offers a lot of facilities to study, rest and play sports, with multiple lounge-rooms, study room and an in-ground pool.
Positioned on 6th floor (unit 608) it has great city views.
It is a great and very, very low maintenance investment for the future and a great cash flow property for now.
It has to be sold, so call us now to enquire for more details!
One bedroom studio apartment
Central Brisbane location
Low Body Corp fees
Well maintained complex
Currently rented for $230 per week
Great potential for student accommodation
Property History for 29/108 Margaret St, Brisbane City, QLD 4000
- 01 Mar 2022Sold for $133,000
- 31 Aug 2021Listed for Sale Offers Over $149,000
- 29 Sep 2016Sold for $143,000
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0About 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 13,267 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.
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