5/40 Ramsgate Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

5/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 103m2
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Last updated 17 Aug 2026
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Property Details for 5/40 Ramsgate St, Kelvin Grove

5/40 Ramsgate St, Kelvin Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 103m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2011
Floor Size
59m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
5/SP215067

Last Listing description (August 2026)

PLEASE NOTE: Some images have been virtually staged for illustrative purposes.Positioned within the highly regarded Theodore Apartments in the vibrant Kelvin Grove Urban Village, this beautifully appointed one-bedroom residence delivers an exceptional combination of space, privacy and lifestyle. Occupying a desirable north-east corner position, the apartment is bathed in natural light and enjoys a peaceful leafy outlook, while its remarkable 44sqm balcony creates an outdoor living space rarely found in apartment living.Designed with comfort and functionality in mind, the spacious open-plan layout seamlessly connects the kitchen, living and dining areas to the oversized covered balcony, creating the perfect setting for entertaining friends, enjoying your morning coffee or simply unwinding amongst the surrounding greenery. A dedicated study nook also provides the ideal work-from-home solution without compromising the generous living space.The contemporary kitchen is both stylish and practical, featuring stone benchtops, a gas cooktop, quality appliances and excellent storage. The generously sized bedroom includes two built-in wardrobes, a ceiling fan and split-system air conditioning, while the well-appointed bathroom offers the convenience of a shower over bathtub. Completing the apartment is an integrated laundry, secure undercover parking and a large 5sqm exclusive-use storage area.Residents of Theodore Apartments enjoy a boutique community atmosphere with premium resort-style facilities, including a sun-drenched swimming pool, rooftop entertaining terrace with barbecue facilities and spectacular city skyline views, secure intercom entry and onsite management.Perfectly positioned in the heart of Kelvin Grove Urban Village, everything you need is just moments from your doorstep. Enjoy an easy stroll to Woolworths, cafes, restaurants, specialty shops, the Kelvin Grove Village Markets, QUT Kelvin Grove campus, Victoria Park and public transport. The Royal Brisbane and Women's Hospital and Brisbane CBD are only minutes away, while the recently confirmed Olympic stadium precinct further enhances the area's outstanding long-term growth potential.Whether you're searching for your first home, a low-maintenance city-fringe lifestyle or a quality investment in one of Brisbane's most tightly held suburbs, this impressive residence presents an outstanding opportunity.This property is currently tenanted until 26/4/27 for $630 per week.Property Features: Desirable north-east corner position with abundant natural light Expansive 44sqm private balcony surrounded by leafy outlooks Spacious open-plan living and dining flowing effortlessly outdoors Dedicated study nook, ideal for working from home Modern kitchen with stone benchtops, gas cooktop and quality appliances Generous bedroom with two built-in wardrobes, ceiling fan and split-system air conditioning Well-appointed bathroom with shower over bathtub Integrated internal laundry Secure undercover car space Exclusive-use 5sqm storage area Secure intercom access with onsite management Resort-style swimming pool Rooftop entertaining terrace with barbecue facilities and city views Boutique Theodore Apartments complex of just 69 residencesLocation Highlights: Within the Kelvin Grove Urban Village precinct Walking distance to QUT Kelvin Grove campus Moments from Woolworths, cafes, restaurants and specialty shopping Close to Victoria Park, Kelvin Grove Village Markets and parklands Approximately 2.5km to Brisbane CBD Approximately 2.1km to the Royal Brisbane and Women's Hospital Within the Kelvin Grove State College catchment Excellent access to public transport and major arterial roads Moments from Brisbane's newly confirmed Olympic stadium precinct, enhancing future lifestyle and investment appeal.This property is marketed by Top Offer by Saturday 29th August 2026, unless sold prior.Disclaimer:We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.DisclaimerThis property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 5/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$490,000
17 Sep 2024
Listed for Rent
$380/w
21 Mar 2018
  • 04 Aug 2026
    Listed for Sale Top Offer By Saturday 29th August 5pm
  • 17 Sep 2024
    Sold for $490,000
  • 07 Mar 2018
    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 4,132 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 20 properties listed for sale, and 10 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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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.