48/20 Masthead Drive, Cleveland, QLD 4163 | Property Value & History | OnTheHouse
OFF MARKET

48/20 Masthead Drive
Cleveland QLD 4163

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 156m2
Land area: 153m2
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Property Details for 48/20 Masthead Dr, Cleveland

48/20 Masthead Dr, Cleveland is a 3 bedroom, 2 bathroom Unit and was built in 1999. The property has a land size of 153m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1999
Floor Size
156m2
Land Size
153m2
Local Government
Redland
Lot/Plan
48/SP100052

Last Listing description (November 2025)

Lifestyle - This beautiful and spacious apartment overlooks Raby Bay Harbour and offers the envious boating and waterfront lifestyle in the Brisbane Bayside suburb of Cleveland. Only 40 minutes from Brisbane CBD and the Gold Coast this third floor apartment offers an opportunity to live in a secure apartment only walking distance to fabulous restaurants, boutiques, Cleveland CBD and transport as well as being a short boat ride out on to Moreton Bay where you can explore North Stradbroke and Moreton Islands.

Accommodation - this apartment offers 3 spacious bedrooms with built in robes and ceiling fans. The master bedbroom offers a walk through robe and ensuite with access to a private balcony and views from all windows. The open plan living and dining overlooks Raby Bay Marina and the two pack galley style kitchen includes granite benches, wall oven, insinkerator and dishwasher. There is also a second bathroom with bath, shower and vanity along with a guest's powder room.

Features - other features include ducted reverse cycle air conditioning throughout, large balcony, two car parks in a secure basement car park along with storage pen and on-site property management.

This immaculate property will suit those wanting to downsize and live the luxury of Raby Bay. An opportunity not to be missed.

Property History for 48/20 Masthead Dr, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$735,000
30 Jan 2021
  • 30 Jan 2021
    Sold for $735,000
  • 21 Jan 2021
    Listed for Sale Not Disclosed
  • 01 Aug 2001
    Sold for $350,000
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.

Cleveland has 9,051 properties. Over the last 5 years, Houses in Cleveland have seen a 95.95% increase in median value, while Units have seen a 97.48% increase. As at 31 October 2025:

  • The median value for Houses in Cleveland is $1,340,298 while the median value for Units is $822,824.
  • Houses have a median rent of $720 while Units have a median rent of $600.
There are currently 74 properties listed for sale, and 28 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 469 properties were sold in the past 12 months in Cleveland.

Suburb Insights for Cleveland 4163

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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.