38 Prospect Terrace, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

38 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 232m2
Land area: 473m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Sep 2026
Low

High
Save

Property Details for 38 Prospect Tce, Kelvin Grove

38 Prospect Tce, Kelvin Grove is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 473m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1925
Floor Size
232m2
Land Size
473m2
Local Government
Brisbane
Lot/Plan
1/RP20362

Last Listing description (January 2022)

Quite simply, this is the worst house in the best street. Can you envision the potential? Restore this property to its former glory or seek approval from BCC to knock down and rebuild.

Bring your tool belt and your imagination - we are searching for builders, architects and renovation enthusiasts! This is the perfect property for you!

Features:

VJ panelling
Picture rails
Sash windows
Timber flooring
Four bedrooms
One bathroom
473m2 block
Elevation and leafy lookout
Sought after position in desirable school catchment
1 car accommodation

Located within walking distance to the Kelvin Grove Urban Village, Royal Brisbane & Women's Hospital and just 4 kilometres from the CBD. The busway located at the end of the street is a convenient transport option. Gramps Caf and Little Red Providore on Windsor Road are popular with the locals. Other local highlights include the Kelvin Grove Village Markets on Saturday mornings and the expansive Victoria Parkland is ideal for picnics, exploring and capturing the city view or cool off in the Centenary Pool. Within the school catchment for Kelvin Grove State College and walking distance to QUT Campus. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace). Why wait, when you could miss out!

*Reference to demolition and rebuilding is of a general nature and is subject to council approval and potential purchasers should make their own enquiries prior to making an offer

Property History for 38 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$853,000
04 Dec 2021
  • 04 Dec 2021
    Sold for $853,000
  • 17 Nov 2021
    Listed for Sale AUCTION
Commute Calculator

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 4,135 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 52.85% increase in median value, while Units have seen a 101.69% increase. As at 31 August 2026:

  • The median value for Houses in Kelvin Grove is $1,673,130 while the median value for Units is $849,665.
  • Houses have a median rent of $700 while Units have a median rent of $690.
There are currently 20 properties listed for sale, and 17 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

Market Insights
Kelvin Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kelvin Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.