4/40 Ramsgate Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

4/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 107m2
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Property Details for 4/40 Ramsgate St, Kelvin Grove

4/40 Ramsgate St, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 107m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2013
Floor Size
75m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
4/SP215067

Last Listing description (August 2021)

The perfect investment opportunity. Also, can be available to occupy in January 2022. Offering a convenient and modern lifestyle, this oversized apartment in The Theodore building is an amazing buy and represent fantastic value. With an ideal Northerly aspect and located on the easy to access podium level, offering the largest balconies of all levels in this stunning building. This well designed highly functional residence incorporates floor to ceiling windows and is extra spacious.

Apartment features:
* Located on level 1 and area of approximately 107 m2

* Tenanted to 26 January 2022
* Rented for $440 per week
* Spacious main bedroom including walk in wardrobe and ensuite, fan and split system air conditioning
* Bedroom two includes walk through robe and ensuite
* Open plan living and dining area with extra-large balcony
* Internal laundry
* Modern kitchen includes stainless steel appliances, stone bench tops, gas cooktop and quality oven
* Study nook, ideal to work from home
* Secure, undercover car space
* Private Rooftop Terrace with BBQ area
* Large Pool Area
* Secure access plus onsite manager

Kelvin Grove is highly sought after by a wide array of investors and owner occupiers seeking to own or live close to Kelvin Grove State College, the Brisbane CBD, QUT - Queensland University of Technology, RBWH - Royal Brisbane Women's Hospital, The Victoria Park Golf Course and nearby prestigious schools including Brisbane Grammar Schools and St Joseph's College, Gregory Terrace. Kelvin Grove is a leafy quiet suburb and experienced strong growth in house prices over the past number of years with buyers taking advantage of the close proximity to the Brisbane CBD.

The infrastructure boom over the past several years has benefited Kelvin Grove immensely, including the Kelvin Grove Urban Village home to Woolworths, cafes, restaurants, and shops. Cross River rail promises the new 'Exhibition' Train Station nearby. The Village hosts the popular weekly Farmers markets. The area offers excellent public transport options including buses, train and bike paths and well as direct access to the Inner City Bypass (ICB).

Josh makes buying your investment property or home easy and stress free, feel free to call Josh today to arrange an inspection of this amazing property.

Property History for 4/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$409,000
11 Jul 2021
Listed for Rent
$440/w
05 Apr 2018
  • 11 Jul 2021
    Sold for $409,000
  • 16 Apr 2021
    Listed for Sale UNDER CONTRACT
  • 23 Mar 2018
    Listed for Rent $440 / week
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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 4,130 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 18 properties listed for sale, and 11 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 144 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.