4B/56 Prospect Terrace, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

4B/56 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 31 Aug 2026
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Property Details for 4b/56 Prospect Tce, Kelvin Grove

4b/56 Prospect Tce, Kelvin Grove is a 1 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Brisbane

Last Listing description (February 2024)

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Comfortable and excellent value is this partly furnished and self contained studio apartment in a handy position just down the road from QUT Kelvin Grove.

Comprising

* Open plan living (Studio layout - meaning bedroom, kitchen, lounge & dining all same room)
* Kitchen has electric cook top and microwave
* Your own Private Bathroom has shower, hand basin and toilet
* Polished timber floors throughout, high ceilings
* Reverse cycle air conditioning
* No off street car parking.

Furniture in Property
Bed with mattress (tenant to provide own sheets and bedding)
Study desk & Chair
Fridge
Wardrobe
Electric hot plate
Microwave
Fridge

Communal Laundry
The laundry is located at the rear of complex, on back left side, with coin operated machines at tenant cost.
Clothes line at rear of complex.

Service
Electricity is connected, but tenant pays the account as invoiced by rental agent
Tenant must connect, all other services... if they want connected like internet.

Access To Unit
The unit is located on the right side of complex, halfway down.
The unit has a communal landing, not for entertaining

Here is your opportunity to live the inner-city lifestyle without the inner-city price tag close to all amenities the area has to offer.

*100m to Kelvin Grove Road bus routes
*500m to QUT Kelvin Grove
*500m to the Urban village (Supermarket, restaurants and cafes)
*2km to the CBD

This is a property you don't want to miss. Ensure you get yourself to an inspection before you miss out as these units are very popular in this area.

Property History for 4b/56 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Listed for Rent
$350/w
10 Oct 2023
  • 25 Sep 2023
    Listed for Rent $350 / week
  • 17 Apr 2023
    Listed for Rent $350 / week
  • 19 Jul 2022
    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 4,131 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 59.55% increase in median value, while Units have seen a 108.92% increase. As at 31 July 2026:

  • The median value for Houses in Kelvin Grove is $1,683,588 while the median value for Units is $862,116.
  • Houses have a median rent of $698 while Units have a median rent of $683.
There are currently 19 properties listed for sale, and 8 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 154 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.