706/188 Shafston Avenue, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
 
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706/188 Shafston Avenue
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 24m2
Land area: 24m2
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Last updated 20 Apr 2026
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Property Details for 706/188 Shafston Ave, Kangaroo Point

706/188 Shafston Ave, Kangaroo Point is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 24m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
2000
Floor Size
24m2
Land Size
24m2
Local Government
Brisbane
Lot/Plan
706/SP142469

Last Listing description (April 2026)

Positioned on level 7 within a well-maintained complex just metres from the Brisbane River, this smart and functional studio apartment presents an outstanding opportunity for investors seeking strong returns and consistent cash flow in one of Brisbane's most in-demand inner-city locations.

Designed for low-maintenance living, the apartment maximises its 24 sqm footprint with a practical open-plan layout, complemented by large windows that invite in natural light and enhance the sense of space. The inclusion of an internal washing machine adds everyday convenience, while access to additional communal laundry facilities on level 3 provides further flexibility.

This is an investment that truly works for you-offering a solid return, low body corporate fees, and onsite management for peace of mind. With high tenant demand in the area and proximity to key lifestyle and transport amenities, it's an ideal set-and-forget addition to any portfolio.

Why you'll love the complex:
Residents enjoy access to a range of lifestyle-focused facilities, including a stunning rooftop entertaining area complete with a swimming pool, multiple seating zones, BBQ facilities, and a fireplace-all set against sweeping views of the city skyline and Brisbane River. There's also an outdoor gym overlooking the river, as well as a fully equipped gym and lounge area on level 4.

Set on a substantial 1,928sqm landholding, the complex also offers long-term upside potential, with its prime riverside position making it a compelling prospect for future redevelopment (STCA).

Why you'll love the location:
Located just minutes from the CBD, with easy access to public transport, riverside walkways, cafes, and local amenities, this address delivers unbeatable convenience. Whether it's for tenants seeking a vibrant city-fringe lifestyle or investors looking for a high-performing asset, this is a location that continues to deliver.

An affordable entry into a blue-chip riverside pocket-secure your investment in Kangaroo Point today.

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Property History for 706/188 Shafston Ave, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$120,000
23 Nov 2018
  • 16 Apr 2026
    Listed for Sale For Sale
  • 23 Nov 2018
    Sold for $120,000
  • 09 Oct 2018
    Listed for Sale $125,000
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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 7,081 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 65.18% increase in median value, while Units have seen a 96.52% increase. As at 31 March 2026:

  • The median value for Houses in Kangaroo Point is $1,987,524 while the median value for Units is $1,087,797.
  • Houses have a median rent of $800 while Units have a median rent of $725.
There are currently 48 properties listed for sale, and 43 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 339 properties were sold in the past 12 months in Kangaroo point.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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