10/40 Ramsgate Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

10/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 112m2
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Property Details for 10/40 Ramsgate St, Kelvin Grove

10/40 Ramsgate St, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 112m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2011
Floor Size
82m2
Land Size
112m2
Local Government
Brisbane
Lot/Plan
10/SP215067

Last Listing description (December 2025)

Located in the ever-popular Theodore Apartments, this beautifully presented two-bedroom residence offers the perfect combination of privacy, modern design, and lifestyle convenience, all set within one of Brisbane's most exciting growth precincts. Just moments from the site of Brisbane's newly confirmed Olympic stadium, this apartment represents not only an outstanding place to live but a smart investment in a rapidly transforming area set to benefit from major infrastructure upgrades and global attention. Designed for comfort and functionality, the generous layout features two well-separated bedrooms, each with a walk-through wardrobe and ensuite-style bathroom, making it ideal for both owner-occupiers and sharers. Freshly updated throughout, the open-plan living space boasts vinyl plank flooring, fresh paint, and floor-to-ceiling glass that floods the apartment with natural light. Step out onto the oversized covered balcony with leafy parkland views and enjoy a rare sense of space and serenity, close to the city. Finished with quality inclusions such as stone benchtops, stainless steel appliances, air conditioning, and access to the complex's resort-style pool and entertaining area, this is low-maintenance living at its best, all just a short stroll from cafs, shops, QUT, transport and the vibrant Kelvin Grove Village. Apartment Highlights: - Peaceful, private outlook with elevated leafy views - Sleek, durable flooring throughout living/dining; freshly painted interiors - Premium carpet in both bedrooms - Expansive master suite with walk-through robe, built-in storage, ensuite, ceiling fan & A/C - Second large bedroom with built-ins and access to main bathroom, fan & A/C - Bright, open-plan living and dining area flowing to oversized covered balcony - Main bathroom with dual access, full-sized bathtub, and internal laundry - Contemporary kitchen with stone benchtops, gas cooktop, quality oven & dishwasher - Dedicated built-in study desk, ideal for working from home - Secure basement car space plus storage cage - Access to complex lap pool and BBQ area - Moments from newly confirmed Olympic Stadium site Unbeatable Location: - Walk to QUT Kelvin Grove campus, Victoria Park, Kelvin Grove Village & Farmers Markets - Just 2.5km to Brisbane CBD & 2.1km to Royal Brisbane and Women's Hospital - Located in the Kelvin Grove State College catchment (Primary & Secondary) - Easy access to major arterial roads heading north and south With strong rental demand, enviable lifestyle appeal, and major infrastructure on the horizon, this is a rare opportunity to secure a premium apartment in one of Brisbane's most desirable and fast-evolving suburbs. For more information or to arrange a private inspection, contact Sam Alroe on 0481 536 241.

Property History for 10/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$403,000
21 Aug 2020
Listed for Rent
$540/w
21 Dec 2011
  • 01 Nov 2025
    Listed for Sale UNDER CONTRACT
  • 21 Aug 2020
    Sold for $403,000
  • 15 Jun 2020
    Listed for Sale Offers Over $405,000!
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About Kelvin Grove 4059

The size of Kelvin Grove is approximately 1.7 square kilometres. It has 12 parks covering nearly 7.5% of 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 4,120 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 74.17% increase in median value, while Units have seen a 103.83% increase. As at 30 November 2025:

  • The median value for Houses in Kelvin Grove is $1,587,620 while the median value for Units is $794,310.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 7 properties listed for sale, and 16 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 181 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.