48/40 Ramsgate Street, Kelvin Grove, QLD 4059 sold on 03 July 2026 | OnTheHouse
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Sold on 03 Jul 2026 for $920,000

48/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 48/40 Ramsgate St, Kelvin Grove

48/40 Ramsgate St, Kelvin Grove is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Apartment sold in Kelvin Grove in the last 12 months.

Building Type
Apartment

Last Listing description (July 2026)

Positioned in the heart of the vibrant Kelvin Grove Urban Village, this beautifully presented two-bedroom apartment offers a rare combination of space, style and privacy in an unbeatable inner-city location. Designed for effortless modern living, the residence showcases expansive open-plan interiors, abundant natural light and a seamless connection to a large private balcony overlooking tranquil parkland. With quality finishes throughout and access to resort-style amenities, this is an outstanding opportunity for both owner-occupiers and investors seeking a premium lifestyle just minutes from the CBD.

Property Details
- Spacious two-bedroom apartment with generous open-plan living and dining areas

- Master bedroom features walk-through robe and modern ensuite
- Second bedroom also includes walk-through robe with dual access to main bathroom
- Main bathroom complete with bathtub and integrated laundry
- Modern kitchen with stone benchtops, stainless steel appliances and gas cooktop
- Large private balcony with leafy parkland outlook and northerly aspect
- Sliding glass doors create seamless indoor-outdoor flow
- Air-conditioning throughout plus ceiling fans in both bedrooms
- Secure basement parking for one car plus storage cage

Complex Details
- Architecturally designed Theodore Apartments complex (69 residences)
- Secure building with intercom access and controlled entry
- Sun-drenched swimming pool and expansive relaxation area
- Communal barbeque facilities with sweeping city skyline views
- Well-maintained common areas reflecting the Queensland lifestyle
- Located within the thriving Kelvin Grove Urban Village precinct
- Close to shops, cafes, restaurants and Woolworths supermarket
- Easy access to Brisbane CBD, QUT, Royal Brisbane Hospital and public transport

Offering the perfect balance of lifestyle, location and low-maintenance living, this apartment is sure to impress. With strong demand in this sought-after precinct, opportunities like this are not to be missed. Act quickly to secure your place in one of Brisbane’s most dynamic inner-city communities.

Property History for 48/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$920,000
03 Jul 2026
Listed for Rent
$570/w
28 Oct 2011
  • 03 Jul 2026
    Sold for $920,000
  • 27 Apr 2026
    Listed for Sale Sold by Ben Jackson
  • 17 Sep 2011
    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 4,116 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, 150 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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Ben Jackson
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Leon Xia
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Metrocity Realty
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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.