59/40 Ramsgate Street, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

59/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 86m2
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Property Details for 59/40 Ramsgate St, Kelvin Grove

59/40 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 86m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2011
Floor Size
59m2
Land Size
86m2
Local Government
Brisbane
Lot/Plan
59/SP215067

Last Listing description (January 2025)

Do not miss out on this great One Bedroom Apartment located on the 7th floor at Theodore Apartment. This beautiful apartment offers open plan living with a spacious combined kitchen, living, and dining area, and a built-in study nook. The Theodore Apartment is in Kelvin Grove Village, with a short walk distance to the Kelvin Grove QUT campus and close to cafes, shops, public transport, and other local amenities. It combines the sought-after balance of location & Lifestyle. This apartment will be sure to sell!

An excellent option for investors, if you are looking for a well-appointed apartment as well as a safe investment with a solid return, clearly this is the one for you, you are making no mistake financially, think about a positive return from DAY ONE!

For owner-occupiers, being one of the best complexes in Kelvin Grove, Theodore Apartment is well known for its size of the apartment and high-quality finishing, generous design, and great harmony/communal atmosphere.

Property Highlights:

- North and east corner facing aspect
- Spacious in size total 86m2
- Open plan living and dining surrounded by the glass doors, having abundant natural light
- Large balcony with parklands views on both sides
- Study nook, ideal to work from home
- Well-appointed open plan kitchen with stone benchtop, gas cooktop, and quality oven
- Good size bedroom with two wardrobes, ceiling fan, and split system reverse cycle air conditioning
- Bathtub which is essential for families with young children
- Secure undercover full-sized parking
- Private Rooftop Terrace with BBQ area
- Large Pool Area
- Secure access plus onsite manager

Property History for 59/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$560,000
29 Nov 2024
  • 29 Nov 2024
    Sold for $560,000
  • 21 Nov 2024
    Listed for Sale Contact agent
  • 15 Sep 2008
    Sold for $445,000
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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 4,127 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 16 properties listed for sale, and 8 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 149 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.