406/59 O'Connell Street, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
 
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406/59 O'Connell Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 106m2
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Property Details for 406/59 O'Connell St, Kangaroo Point

406/59 O'Connell St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 106m2 and floor size of 88m2.

Building Type
Unit
Year Built
2012
Floor Size
88m2
Land Size
106m2
Local Government
Brisbane

Last Listing description (October 2025)

**Please note, rent increases to $700 per week as of the 26/02/2026**

Magnus at Kangaroo Point enjoy life in a boutique style development in the heart of Kangaroo Point. With everything you need right at your doorstep, you will fall in love with the low maintenance, easy living that comes with this unit. The complex itself also enjoys a rooftop pool and BBQ area, with break taking views toward the city and coast lines.

Features:

- Spacious open plan kitchen, lounge and dining area
- Glass doors combine indoor living with covered balcony
- Stylish kitchen with dishwasher and stone bench tops
- Double sink and gas cooking
- Ducted air conditioning throughout the unit
- Master suite with built-in robes and stunning ensuite
- Second well sized bedroom with built-in robe
- Main bathroom; internal laundry

Location:
- 5 Min walk to the ferry and bus stop
- 1km to the CBD
- 20 min walk to CBD, Southbank, Howard Smith Wharves and Fortitude Valley

With everything just moments away, recreational pursuits are at easy reach, with extensive riverside parklands throughout and walkways that pass beneath its iconic cliffs. Take a short stroll along the river and settle yourself at the iconic Story Bridge Hotel and listen to the buzz of the city overhead. Retail, entertainment and dining opportunities are abundant. However the location truly comes into its own when one realises how incredibly close it is to the bustling CBD, exciting South Brisbane and all the major attractions that Brisbane has to offer

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Property History for 406/59 O'Connell St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
  • 30 Sep 2025
    Listed for Rent $630 / week
  • 23 Nov 2018
    Listed for Sale Not Disclosed
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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 37 properties listed for sale, and 33 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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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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