27/55 Thorn Street, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

27/55 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 135m2
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Property Details for 27/55 Thorn St, Kangaroo Point

27/55 Thorn St, Kangaroo Point is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 135m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last transferred in August 2022.

Building Type
Unit
Year Built
1989
Floor Size
120m2
Land Size
135m2
Local Government
Brisbane
Lot/Plan
27/BUP9671

Last Listing description (July 2023)

Situated on the 8th floor of the tightly held 'Shafston Towers' building this 3 bed, 2 bath, 1 car apartment offers glimpses of the river. Boasting a light-filled, well-designed open floorplan and exceptional residential facilities this is an unmissable opportunity for owner occupiers, downsizers, and savvy investors alike.The apartment seamlessly flows into an open plan living, kitchen, and dining area creating an open space that leads out onto the entertainer's balcony designed to accentuate views of the river. The spacious kitchen offers beautiful stone benchtops and ample storage space.The king-size master bedroom offers access to the balcony, a walk-through wardrobe, an ensuite, and is cleverly placed within the apartment away from the second and third bedroom. The second and third bedroom are equally as spacious, the second bedroom with a mirrored built-in wardrobe, private balcony and easy access to the main bathroom and large separate laundry. Unit 27, presents a fantastic opportunity for both investors and home owners to enjoy a practical layout with the benefits of natural light, breezes, plus a spacious fully covered balcony.Property features:- Glimpses of the river from the spacious entertainer's balcony- Spacious open plan living, dining and kitchen- Kitchen features stone benchtops, stainless steel appliances ample storage space- Master bedroom with a walk in robe, ensuite and balcony access- Spacious second bedroom with built in robe and private balcony- Third bedroom - 1x secure car space - Secure complex with intercom and on-site manager Body Corporate fees: $9,609 p.a.Council rates: $1,500 p.a.Currently tenanted until 13/01/2023 paying $625 per week, however available for vacant possession. Shafston Towers boasts a large in-ground swimming pool, spa, tennis court, picturesque BBQ family area, secure undercover parking walking distance to Mowbray Park.There are many high quality restaurants and cafes within walking distance of all areas. 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 area.Kangaroo Point is an upscale inner-city peninsula paradise surrounded by water and park lands. Transport needs are serviced by ferries, City Cats, Buses, Clem Jones tunnel (M7), South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

Property History for 27/55 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Transferred
$697,500
25 Aug 2022
Listed for Rent
$670/w
24 May 2021
  • 17 Oct 2025
    Transferred for $475,000
  • 25 Aug 2022
    Sold for $697,500
  • 30 Jun 2022
    Listed for Sale Offers Over $739K
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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 7,062 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 27 properties listed for sale, and 25 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 336 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.