1009/31 Musk Avenue, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

1009/31 Musk Avenue
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 61m2
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Property Details for 1009/31 Musk Ave, Kelvin Grove

1009/31 Musk Ave, Kelvin Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2006
Land Size
61m2
Local Government
Brisbane
Lot/Plan
1009/SP267555

Last Listing description (November 2022)

This excellent opportunity is located in Zest apartment the highest apartment building in Kelvin Grove. The unit is a perfect affordable one-bedroom apartment for first home buyers who studying or working in the inner city or people who want downsize to city life. Living in it, you can easy touch everything you may need including: Victoria Park Golf, Woolworths, BWS, restaurants and public transport.

Also, this is a location surrounded by prestigious schools from Brisbane top public & private schools to universities. Kelvin Grove State College offers from Preps to Year 12 grades plus excellence programs. The Queensland top two private high schools - Brisbane Boys Grammar and Brisbane Girls Grammar schools just located 1km walking distance away from the apartment. And QUT Kelvin Grove Campus is a stone's throw away to your apartment.

In addition to the super convenient location, this location will bring you fresh lifestyle in every Saturday. One of the most famous local markets - Kelvin Grove Saturday farmers market is on your doorstep.

Furthermore, in the leisure time you will be immersed in Brisbane skyline with a cup of coffee on the top of building. And also, you can enjoy the facilities on the roof top such as BBQ; swimming pool or a large entertainment area.

Besides the great lifestyle for owner occupied, this unit is also a rare positive cash flow investment property in Brisbane inner city suburbs at this high interest rate stage. $420 per week's current rental income can help you pay off your holding cost including mortgage interest, utility bills, body corporate, council rate, etc. If you are looking for a positive cash flow investment property, don't miss this opportunity.

Additional Features
- Total area: 61 sqm
- A secure car-park with remote access
- Ducted air-conditioning and ceiling fans
- Intercom access, guest parking available
- High speed internet, NBN ready
- Pets permitted upon Body Corporate approval
- Body Corporate Fees only $859 per quarter
- Council Rates $450 per quarter
- Annual net investment yield: 6% approx.

Disclaimer: We used our best endeavors to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility in respect of any errors omissions inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 1009/31 Musk Ave, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$380,000
07 Oct 2022
  • 07 Oct 2022
    Sold for $380,000
  • 22 Aug 2022
    Listed for Sale For Sale
  • 06 Jan 2015
    Sold for $382,750
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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 4,119 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 20 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 178 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.