1/49 Gibb Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

1/49 Gibb Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 97m2
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Last updated 17 Aug 2026
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Property Details for 1/49 Gibb St, Kelvin Grove

1/49 Gibb St, Kelvin Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 97m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1975
Floor Size
97m2
Land Size
97m2
Local Government
Brisbane
Lot/Plan
1/BUP4172

Last Listing description (August 2026)

Tucked peacefully at the rear of a quiet complex, this turn-key apartment delivers the perfect balance of suburban serenity and outstanding city-fringe convenience. Just moments from QUT, the RBWH and local shopping whilst only minutes from the CBD, its exceptionally connected position offers effortless everyday living alongside enduring investment appeal.Elevated on the first floor and capturing leafy views, the apartment opens into light-filled living and dining, with timber-toned flooring and air-conditioning enhancing contemporary comfort. Sliding doors extend the space to an airy balcony, perfect for alfresco dining or a sun-kissed morning coffee, whilst the previously upgraded kitchen impresses with gleaming white cabinetry, stainless appliances and wraparound stone.There are two bedrooms with each enjoying built-in storage and large windows. Impeccably serviced by the upgraded bathroom, appointed with full-height tiling and mirrored storage. Additional features include a single garage with internal laundry.Exceptionally connected yet wonderfully removed from the bustle, this superb location puts the best of Kelvin Grove and surrounding precincts within effortless reach. QUT, Kelvin Grove State College, local shops and dining are just moments away, alongside easy access to the RBWH, Victoria Park and city-bound transport, with the CBD only two kilometres from home. Offering lifestyle ease with the enduring appeal of a high-demand location, it is an outstanding choice for both owner-occupiers and investors.Property Features- Turn-key apartment in exceptional city-fringe location- Peaceful rear position within a quiet complex- Elevated first-floor position capturing leafy outlooks- Light-filled living and dining with timber-toned flooring and air-conditioning- Airy balcony perfect for alfresco dining and morning coffee- Upgraded kitchen with white cabinetry, stainless appliances and wraparound stone- Two generous bedrooms with built-in storage and large windows- Upgraded bathroom with full-height tiling and mirrored storage- Single garage with internal laundry- Moments to QUT, Kelvin Grove State College, local shops and dining- Easy access to RBWH, Victoria Park and city-bound transport- CBD approximately 2km away- Superb owner-occupier opportunity with enduring investment appealOutgoings and Investment OverviewCouncil Rates - $611.80 per quarterUnity Water - $332.53 per quarterBody Corporate - $1,228.33 per quarter Rental Appraisal - $550.00 - $600.00 per week

Property History for 1/49 Gibb St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$377,500
03 Jun 2021
Listed for Rent
$410/w
10 Jan 2020
  • 19 Aug 2026
    Listed for Sale Offers Over $689,000
  • 03 Jun 2021
    Sold for $377,500
  • 19 May 2021
    Listed for Sale For Sale
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About Kelvin Grove 4059

The size of Kelvin Grove is approximately 1.7 square kilometres. There are 12 parks, covering nearly 7.5% of the total area. The population of Kelvin Grove in 2016 was 7927 people. By 2021 the population was 7909 showing a population decline of 0.2% in the area during that time. The predominant age group in Kelvin Grove is 20-29 years. Households in Kelvin Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelvin Grove work in a professional occupation.In 2021, 33.10% of the homes in Kelvin Grove were owner-occupied compared with 32.10% in 2016.

Kelvin Grove has 4,132 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 59.55% increase in median value, while Units have seen a 108.92% increase. As at 31 July 2026:

  • The median value for Houses in Kelvin Grove is $1,683,588 while the median value for Units is $862,116.
  • Houses have a median rent of $698 while Units have a median rent of $683.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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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.