127 Lambert Street, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

127 Lambert Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 642m2
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Property Details for 127 Lambert St, Kangaroo Point

127 Lambert St, Kangaroo Point is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 642m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1880
Floor Size
95m2
Land Size
642m2
Local Government
Brisbane
Lot/Plan
2/SP211306

Last Listing description (December 2023)

Zoning: High density residential (up to 15 stories)

Embellished with similar Queenslander hallmarks, this charming cottage combines character with a modern twist and is situated in a highly sought after inner city area. This tastefully presented cottage has been well maintained throughout and features an ideal three-bedroom floorplan with lots of charm and appeal. All the elements are here to move straight in and enjoy, or really add some value by renovation to capitalise on a popular neighbourhood that is close to everything you could desire.

A welcoming front verandah and manicured front gardens will make a brilliant first impression. Step into a captivating world of character as you enter the light filled living area, seamlessly connecting you through to the dining and kitchen area. The updated kitchen is at the rear of the home with stainless steel appliances and abundance of cupboard and bench space.

Venture down the hallway to discover two comfortably sized bedrooms boasting loads of natural light and polished timber flooring. The conveniently located modern bathroom offers an abundance of natural light, shower and toilet. A parent's haven, the grandeur of the top level is accentuated by a cathedral high ceiling adorned with exposed beams, adding a touch of architectural brilliance and character to the space.

Stepping outside giving way to an oversized rear yard that has been impressively landscaped. Ideal for entertaining, or playing about with the kids and pets, it is a level, grassy escape in the heart of bustling inner city. This is a rare opportunity to secure a very special inner-city home.

Finishing the residence is a secure remote garage which allows parking for two cars, other notable features include air conditioning, polished timber flooring, an abundance of storage throughout and near highly regarded inner Brisbane private schooling options.

Positioned in a coveted enclave with promising future growth, the residence is ready to be enjoyed as is or updated to suit your tastes. The 642m2 block of land is nothing short of a rare gem in inner-city Brisbane, with many options available to you subject to council approval.

Currently tenanted until 15/01/2024 paying $750 per week.

It is hard to find a better location, with the re-development of the Gabba in readiness to host the Olympic games, the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Property History for 127 Lambert St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$2,500,000
11 Oct 2023
Listed for Rent
$750/w
15 Jun 2022
  • 11 Oct 2023
    Sold for $2,500,000
  • 27 Sep 2023
    Listed for Sale For Sale
  • 08 Jun 2022
    Listed for Rent $750 / week
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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.0% of total area. The population of Kangaroo Point in 2016 was 8063 people. By 2021 the population was 9689 showing a population growth of 20.2% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation.In 2021, 36.00% of the homes in Kangaroo Point were owner-occupied compared with 36.90% in 2016.

Kangaroo Point has 7,063 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 60.35% increase in median value, while Units have seen a 88.79% increase. As at 30 November 2025:

  • The median value for Houses in Kangaroo Point is $1,700,159 while the median value for Units is $1,013,365.
  • Houses have a median rent of $700 while Units have a median rent of $740.
There are currently 35 properties listed for sale, and 30 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 329 properties were sold in the past 12 months in Kangaroo point.

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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.