40 Victoria Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

40 Victoria Street
Kelvin Grove QLD 4059

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Floor area: 119m2
Land area: 263m2
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Property Details for 40 Victoria St, Kelvin Grove

40 Victoria St, Kelvin Grove is a 5 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 263m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1900
Floor Size
119m2
Land Size
263m2
Local Government
Brisbane
Lot/Plan
2/RP20420

Last Listing description (December 2024)

*Opportunity for investors and owner occupiers
*Retained character features throughout
*Elevated position with northern aspect

*Within Kelvin Grove State College Catchment
*Moments to cafes, schools & transport

Nestled in one of Kelvin Grove's most sought-after enclaves, this perfectly presented home is the ideal purchase for a range of buyers.

Occupying an elevated, northern facing block, 40 Victoria Street currently offers a low maintenance investment property with excellent returns. Alternatively, for those seeking a home with a generous existing floor plan positioned in a family friendly suburb, while not compromising on proximity to amenities and the CBD, 40 Victoria Street offers a property that could easily be converted back to a family home for the owner occupier.

Immediately captivating, this circa 1900's updated workers cottage invites you onto the generous front verandah with sweeping suburban views which harnesses cooling breezes that continue throughout the property. Moving inside, the character-filled updated interiors offer generous spaces that are enhanced by soft natural light, a neutral colour palette, and timber flooring.

Accommodation comprises five individually rented rooms, all with leases in place. While the property is currently under professional management, there is the option to easily manage this investment yourself, should you wish. The shared kitchen has been renovated with ample storage, sleek cabinetry and quality electric appliances.

The backyard boasts a covered patio area and a grassed rear yard with established leafy gardens. The property's roof was completely replaced 5 years ago, while under the house offers a large area with generous storage potential.

Located in the heart of Kelvin Grove, this property is perfectly situated to enjoy the hustle and bustle of inner city living, whilst providing a peaceful space to retreat to. Perfectly positioned for families and students alike, the property is close to Kelvin Grove State College, Brisbane Grammar Schools, QUT Kelvin Grove Campus, Victoria Park and Kelvin Grove Village. The range of transport options will make driving unnecessary with bus stops and several routes just at your doorstep.

Rarely is a property offered that is truly flexible to the needs of both investors and owner occupiers alike.

Be quick to secure this unique property - call today to organise your inspection time!

Property History for 40 Victoria St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$1,100,000
16 Nov 2024
Listed for Rent
$250/w
14 Nov 2024
  • 16 Nov 2024
    Sold for $1,100,000
  • 15 Oct 2024
    Listed for Sale For Sale
  • 22 Apr 2024
    Listed for Rent $250 / week
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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.