7/38 Channel Street, Cleveland, QLD 4163 | Property Value & History | OnTheHouse
OFF MARKET

7/38 Channel Street
Cleveland QLD 4163

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
Land area: 199m2
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Property Details for 7/38 Channel St, Cleveland

7/38 Channel St, Cleveland is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 199m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Townhouse
Year Built
2011
Floor Size
128m2
Land Size
199m2
Local Government
Redland
Lot/Plan
7/SP203993

Last Listing description (July 2025)

7/38 Channel Street, Cleveland

Positioned just moments from the shimmering waters of Raby Bay, this immaculately presented tri-level townhouse delivers an exceptional blend of style, space, and low-maintenance comfort all within a tightly held boutique development of only four homes. Tucked at the rear of the complex for maximum privacy and tranquility, this residence offers a relaxed bayside lifestyle with everything you need just a short walk away from transport and shops to waterfront cafes, the iconic Grand View Hotel, and the Stradbroke Island Ferry.

Flooded with natural light and featuring a versatile, family-friendly layout, the home spans three spacious levels. On the first floor, open-plan living and dining areas flow seamlessly to a private, sun-drenched courtyard ideal for entertaining or quiet coastal evenings. The modern kitchen is both stylish and functional, with stone benchtops, stainless steel appliances, and timber-look cabinetry. A separate study with external access, a powder room, and an internal laundry are thoughtfully included.

Upstairs, you'll find three generously sized, air-conditioned bedrooms, including a master suite with a large ensuite. The top floor is home to a loft-style fourth bedroom or flexible multipurpose space perfect as a rumpus, media room, home office, or creative retreat.

Key Features:
Tri-level townhouse in a boutique complex of only four
Private position at the rear of the development
Four bedrooms (or 3 + large loft/multipurpose space), all with air conditioning.
Master with ensuite and air-conditioning throughout
Modern kitchen with stone benchtops & European appliances
Open-plan living/dining with seamless outdoor flow
Dedicated study with external access
Powder room on the ground floor
Private courtyard for entertaining
Single remote garage + two car spaces
Low body corporate fees approx. $60/week
Walk to cafes, shops, schools, ferry, and more
Under 5 minutes to the water's edge
Ormiston College- Appro. 8 mins drive
Redland Hospital - Appro. 6 mins drive

Relevant Cost:
Body Corporate: $750/Q
Council Rate: $550/Q
Water Rate: $300/Q

This property is currently tenanted, offering an excellent cash flow opportunity. Whether you're looking to invest, downsize, or embrace a fuss-free bayside lifestyle, this property offers incredible value and potential in one of Cleveland's most sought-after locations.

Contact us today to arrange your private inspection or request more information.

Property History for 7/38 Channel St, Cleveland, QLD 4163

A timeline of how this property has performed in the market
Last Sold
$777,000
02 Jun 2025
Listed for Rent
$590/w
26 Oct 2023
  • 02 Jun 2025
    Sold for $777,000
  • 16 May 2025
    Listed for Sale For Sale
  • 06 Jul 2020
    Listed for Rent $460 / week
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the 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 9,262 properties. Over the last 5 years, Houses in Cleveland have seen a 81.12% increase in median value, while Units have seen a 88.58% increase. As at 30 June 2026:

  • The median value for Houses in Cleveland is $1,451,502 while the median value for Units is $917,926.
  • Houses have a median rent of $800 while Units have a median rent of $628.
There are currently 94 properties listed for sale, and 55 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 463 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.