197 Shafston Avenue, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

197 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 7
Bathrooms: 4
Car spaces: 2
Floor area: 212m2
Land area: 574m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Mar 2026
Low

High
Save

Property Details for 197 Shafston Ave, Kangaroo Point

197 Shafston Ave, Kangaroo Point is a 7 bedroom, 4 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 574m2 and floor size of 212m2. While the property is not currently for sale or for rent, it was last sold in August 1988.

Building Type
House
Year Built
1930
Floor Size
212m2
Land Size
574m2
Local Government
Brisbane
Lot/Plan
17/RP11402

Last Listing description (August 2022)

This home also offers outstanding rental income, a superb long-term investment, in a highly desired location it truly has all the hallmarks for exceptional growth and high returns. The expansive property has a wide frontage and the home is neatly tucked behind a tall fence with gated entrance for added security.

Occupying a level 574sqm, north-facing block, the immediate grounds around the home are low maintenance with simple lawns and are fully fenced for safety of kids and pets. In typical Queenslander design, this weatherboard home has classical features like VJ walls and tall ceiling heights plus a large front verandah and iron roof. It has been partially modernised and recently repainted inside.

Can be rented out as two separate levels, it generates a big weekly income and is all set up with a dual living arrangement and there's ample parking off street for multiple vehicles.

The ground floor includes:
- Two entry points, one from the front and one from the rear that connects to the courtyard and the back garden with gazebo area for entertaining.
- Three large bedrooms, one with timber plank flooring and two that are tiled. All have their own air conditioning system.
- A spacious central living and dining area which is fully tiled and air-conditioned.
- It has a quality timber veneer kitchen which features a freestanding gas cooker, space for a large fridge and lots of storage cabinetry including a large pantry.
- Main bathroom with shower, vanity and laundry plumbing in place. The upper level offers: - Front verandah entrance and exclusive use of this shady deck for relaxing and entertaining.
- Four large bedrooms with tiled floors, high ceilings and air-conditioning.
- Spacious lounge area that opens to a rear balcony
- A kitchen / dining area with electric stove and freestanding cabinetry.
- Handy shower and bathroom facility off kitchen.
- Backyard access via the stairwell to lower level for use of outdoor area.
- Shared large laundry and two more shower/powder rooms off the back section.

The big backyard offers numerous spaces for outdoor enjoyment including a courtyard/terrace and additional covered patio area, plus a workshop/storage shed. There is a section to the rear which is unused.

Located in the prime riverside suburb of Kangaroo Point just 2km to the Brisbane CBD this is an idyllic spot for couples, professionals, families and city-lovers. It is close to a vast array of amenity including the iconic Story Bridge Hotel, Kanagroo Point Cliffs with Joey's cafe, Dockside where you can discover great food and ferry access, plus plenty of parks, local schools, pubs, shopping centres and city bus stops.

Other features include:
- 9x air conditioning units
- solar panels
- water tanks
- garden shed

This property offers an exciting prospect suited to investors, renovators to explore all the options and capitalise on this prime position in Brisbane's booming inner-city!

We are committed to the health and safety of our customers and staff, and their families. When entering a premises please adhere to all social distancing (2m2 apart for spaces less that 200m2 and 4m2 apart for spaces more than 200m2) and strict hygiene requirements. Please also ensure that you follow social distancing measures and keep 1.5m away from each other.

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Property History for 197 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$65,000
25 Aug 1988
  • 17 May 2021
    Listed for Sale $1,500,000
  • 25 Aug 1988
    Sold for $65,000
Commute Calculator

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 7,073 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 48.27% increase in median value, while Units have seen a 90.90% increase. As at 28 February 2026:

  • The median value for Houses in Kangaroo Point is $1,758,406 while the median value for Units is $1,058,164.
  • Houses have a median rent of $720 while Units have a median rent of $735.
There are currently 40 properties listed for sale, and 26 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 343 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

Market Insights
Kangaroo Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kangaroo Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.