602 Main Street, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

602 Main Street
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 152m2
Land area: 377m2
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Property Details for 602 Main St, Kangaroo Point

602 Main St, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 377m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1930
Floor Size
152m2
Land Size
377m2
Local Government
Brisbane
Lot/Plan
3/SP197101

Last Listing description (September 2025)

This is a rare opportunity to secure a prime piece of real estate in one of Brisbane's most in demand locations.
Prominently positioned on the corner of Thomas Street and Main Street, this property boasts dual street frontage and Mixed Use (Inner City) zoning - making it ideal for residential use, renovation, commercial purposes, or future redevelopment (STCA).

Property Features:

High-set original home with 5 bedrooms & 5 bathrooms (including 3 ensuites)

2 bedrooms with kitchenettes - ideal for dual living or rental income

Traditional charm with VJ walls and high ceilings

Plenty of under house space to expand or develop further

Solar System

Flaking paint included (free of charge!), but the bones are solid and the potential is huge

Zoned MU1 Mixed Use (Inner City): renovate, redevelop, live in, rent out, or operate a business (STCA)

This corner site offers outstanding street exposure to both Thomas and Main Streets - perfect for a home business or future commercial use. Plus, with no heritage or character overlays, you have the flexibility to demolish and start fresh (STCA).

Location Highlights:
Only 1km to Brisbane CBD

Just a short stroll to Kangaroo Point Cliffs Park and River Terrace - with breathtaking city and river views from nearby lookouts.

Easy access to cafes, ferry terminals, and riverside bike paths, with the new Kangaroo Point Bridge providing a direct walk to the CBD and QUT. South Bank is also just a short stroll away, offering vibrant dining, entertainment, and cultural experiences.

The Opportunity:
A unique property like this with dual street access, flexible zoning, and a prime inner city location - is a rare find. Sure, it needs some love, but the potential here is undeniable.

Contact Hugh today to arrange an inspection or for more information.

Property History for 602 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$498,000
02 Feb 2018
Listed for Rent
$280/w
27 Aug 2025
  • 05 Aug 2025
    Listed for Rent $280 / week
  • 03 Jul 2025
    Listed for Sale For Sale
  • 02 Feb 2018
    Sold for $498,000
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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 28 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.

Suburb Insights for Kangaroo Point 4169

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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.