17 Payne Street, Indooroopilly, QLD 4068 | Property Value & History | OnTheHouse
OFF MARKET

17 Payne Street
Indooroopilly QLD 4068

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 580m2
Land area: 810m2
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Property Details for 17 Payne St, Indooroopilly

17 Payne St, Indooroopilly is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 810m2 and floor size of 580m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1975
Floor Size
580m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
14/RP23668

Last Listing description (March 2024)

Welcome to this extraordinary property that offers three unique residences all in one convenient location. The main house features impressive architectural design with a stunning cathedral ceiling. It includes two bedrooms, a main bathroom, a powder room, and two spacious living areas - a formal living and dining area, as well as a family room that seamlessly connects to the open-plan kitchen. Both living areas extend to an outdoor entertainment space that overlooks a captivating saltwater pool.

Adjacent to the main house, you'll find a second granny unit located at the front. Currently operating on Airbnb, it generates an impressive income of over $1500 per week. This unit offers a generous loft area with the potential to incorporate an ensuite, along with a sizable open-plan kitchen and living room adorned with exquisite woodwork.

The trio of dwellings is completed by a third granny unit, featuring a large room integrated with an open-plan kitchen and its own bathroom. This property presents a unique opportunity to experience versatile living arrangements while appreciating the beauty of thoughtful design and the potential for additional income.

The kitchen boasts stunning stone benchtops and classic cabinetry that complement the vintage style of the home. Equipped with a seven-burner Belling gas cooker and oven, as well as a servery window and bench leading out to the pool deck, this property is ideal for avid entertainers. Additionally, if ample kitchen storage is essential, this home features a walk-through butler's pantry with a Victorian rolling ladder to access the floor-to-ceiling shelving.

Whether you have a multi-generational household or require separate living arrangements, this home offers the best of both worlds. It provides a complete kitchen, full bathroom, and bedroom on the ground floor that leads out to the tranquil front garden and private patio nook.

The property is currently on 2 lots (1 title) and has the potential for the savvy investor to subdivide the block or take advantage of the LMR2 zoning and build units/townhouses (STCA).

Some of the other notable features of this property include:
- 6kw solar panel system
- 4-car garage
- Saltwater swimming pool
- Within walking distance to Indooroopilly Shopping Centre
- walking distance to Taringa Medical centre.
- Within walking distance to Taringa train station
- Coles supermarket opening soon (500m)
- City council bus to city (415)
- Close proximity to various amenities, including schools such as:
- Holy Family Primary School (760m)
- Indooroopilly State School (1.03km)
- St. Peter's Lutheran College (1.4km)
- Brisbane Boys' College (1.43km)
- St. Ignatius School (1.50km)
- Montessori Children's House (500m).

Property History for 17 Payne St, Indooroopilly, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$2,535,000
11 Nov 2023
Listed for Rent
$330/w
03 Jun 2008
  • 11 Nov 2023
    Sold for $2,535,000
  • 16 Oct 2023
    Listed for Sale AUCTION - Saturday 11th November 10am
  • 13 May 2008
    Listed for Rent - Price not available
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About Indooroopilly 4068

The size of Indooroopilly is approximately 7.8 square kilometres. It has 31 parks covering nearly 34.9% of total area. The population of Indooroopilly in 2016 was 12242 people. By 2021 the population was 13622 showing a population growth of 11.3% in the area during that time. The predominant age group in Indooroopilly is 20-29 years. Households in Indooroopilly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Indooroopilly work in a professional occupation.In 2021, 53.70% of the homes in Indooroopilly were owner-occupied compared with 51.00% in 2016.

Indooroopilly has 6,960 properties. Over the last 5 years, Houses in Indooroopilly have seen a 72.93% increase in median value, while Units have seen a 93.60% increase. As at 30 November 2025:

  • The median value for Houses in Indooroopilly is $1,613,005 while the median value for Units is $898,402.
  • Houses have a median rent of $720 while Units have a median rent of $720.
There are currently 39 properties listed for sale, and 29 properties listed for rent in Indooroopilly on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in Indooroopilly.

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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.