224/85 Deakin St, Kangaroo Point is a 2 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 88m2 and floor size of 63m2.
Be in the Heart of it all at an Affordable Price!
This Two Bedroom, One bathroom apartment in the heart of the Kangaroo Point peninsula has location and convenience in abundance. The interior was extensively refurbished in 2017 and the interior designer touches help to set this property apart from its competitors. Suited to investors the property offers buyers a solid investment opportunity in a ready to go comfortable inner-city apartment.
The property at a Glance
One secure car space.
Complex facilities include a pool & BBQ area. Onsite Management. Please note that this apartment cannot be occupied by the owner and must only be used as an investment property.
Story Bridge Hotel, convenience shopping, and Bus stop at your doorstep. Ferries and riverwalks within close proximity. This property offers a quality pedigree of rental return currently at $475 per week with long-term tenants. Call us today to arrange your inspection.
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 7,066 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:
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