12/40 Ramsgate Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

12/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 95m2
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Property Details for 12/40 Ramsgate St, Kelvin Grove

12/40 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 95m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Year Built
2011
Floor Size
75m2
Land Size
95m2
Local Government
Brisbane
Lot/Plan
12/SP215067

Last Listing description (September 2025)

Located in the ever-popular Theodore Apartments, this stylish and spacious two-bedroom residence delivers a rare blend of privacy, intelligent design, and unbeatable lifestyle appeal in the heart of Kelvin Grove Urban Village. Just moments from the site of Brisbane's newly confirmed Olympic stadium, this is not only a fantastic place to live but also a smart investment in a rapidly transforming precinct set to benefit from major infrastructure and global attention.Boasting a generous layout ideal for modern living, both bedrooms are well-separated for privacy and feature walk-in wardrobes that flow seamlessly into private ensuite-style bathrooms, perfect for owner-occupiers or sharers alike. The open-plan living area is bright and expansive, enhanced by brand new flooring, freshly painted through-out, floor-to-ceiling glass, and an oversized balcony that overlooks leafy parkland, offering a rare sense of space and seclusion in an urban setting.Finished with high-end features including stone benchtops, stainless steel appliances, and access to the complex's resort-style pool and entertaining area, this is low-maintenance apartment living at its best within walking distance to cafes, shops, public transport, QUT, and all the amenities of the Urban Village.Apartment Highlights:- Private leafy outlook with cleverly designed layout.- Stylish new flooring laid throughout the main living and dining spaces.- Freshly painted interiors and upgraded premium carpet in both bedrooms.- Expansive master suite featuring a walk-through robe & built-in, en-suite, ceiling fan, and split-system reverse cycle air conditioning.- Large second bedroom also featuring walk-through robe & built-in, en-suite, ceiling fan, and its own air conditioning unit.- Bright and airy open-plan living and dining that opens seamlessly onto a large private balcony.- The main bathroom features dual access (from the hallway and second bedroom) and a full-sized bathtub and laundry space.- Contemporary kitchen with elevated stone benchtop, stainless steel appliances including dishwasher, gas cooktop, and quality oven.- Dedicated study desk, ideal for working from home.- Oversized covered balcony with access from living area & main bedroom perfect for morning coffees, evening wine, or weekend entertaining.- Includes a secure basement car space and storage cage.- Only a couple of hundred metres from the newly confirmed Olympic Stadium.- Easy access to highways heading north & south- Kelvin Grove State School catchment area - Primary & Secondary College- Royal Brisbane and Women's Hospital - 2.1km- Brisbane CBD - 2.5kmUnbeatable Location:Kelvin Grove is a vibrant inner-city suburb located less than 2.5km from Brisbane's CBD. Its close proximity to QUT, Kelvin Grove State College (consistently ranked among Brisbane's top-performing public schools), and the Royal Brisbane and Women's Hospital makes it a highly desirable location for professionals, families, and students alike.You'll be just a short stroll from Victoria Park, Brisbane's largest inner-city green space, offering 64 hectares of parklands, playgrounds, putt putt, and open recreational areas. The buzzing Kelvin Grove Village is also nearby, featuring a mix of cafs, shops, Woolworths, and the popular weekly Farmers Markets.With excellent public transport options, strong ongoing infrastructure investment, and major benefits on the way from the upcoming Olympic Games, this is an exceptional opportunity to secure a property in one of Brisbane's premier growth suburbs.For more information or to arrange a private inspection, contact Sam Alroe on 0481 536 241.Disclaimer:We have in preparing this advertisement used our best endeavors to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 12/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$841,500
08 Jul 2025
Listed for Rent
$550/w
03 Feb 2012
  • 08 Jul 2025
    Sold for $841,500
  • 01 Jul 2025
    Listed for Sale FOR SALE
  • 03 Feb 2012
    Listed for Rent - Price not available
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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 4,126 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 62.51% increase in median value, while Units have seen a 108.23% increase. As at 30 June 2026:

  • The median value for Houses in Kelvin Grove is $1,720,935 while the median value for Units is $863,383.
  • Houses have a median rent of $680 while Units have a median rent of $680.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 147 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.