7/56 Prospect Terrace, Kelvin Grove, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

7/56 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 45m2
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Property Details for 7/56 Prospect Tce, Kelvin Grove

7/56 Prospect Tce, Kelvin Grove is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1969. The property has a land size of 45m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1969
Land Size
45m2
Local Government
Brisbane
Lot/Plan
7/BUP106879

Last Listing description (April 2025)

One bedroom unit in the heart of Kelvin Grove/ Red Hill area 500m walk to Kelvin Grove - High School and QUT University Campus, bus stop and shops.

UNFURNISHED!

Features Include:

* Bedroom is large
* Combined lounge dinning area
* Polished timber floors through out
* Semi modern kitchen with plenty of bench & cupboard space &
upright gas stove oven
* Air conditioned (heating & cooling)
* Small timber patio facing East
* Communal laundry has a coin operated washing machine

This unit is located at the rear of the complex on the right-hand side. No off street car parking.

Electricity tenants' responsibility to connect and pay.
Internet, NBN or Telephone Connection - Tenants to make their owner enquiries with their own service provider. Most tenants use mobile device or dongle.

Communal Laundry
Coin operated machine at tenant's cost. If machines break down, tenant to go to laundromat at their own cost. Warning: Communal laundry area only. There is no room for you to provide your own washing machine on site.

No Car Parking
No Off Street Car Parking guaranteed with this property. Limited car park for leaseholders only. First in, first serve. We advise tenants there is no off street car parking for this property.
Tenants to apply to BCC to get parking permit. This will cost a fee, and the BCC in some cases and areas do not give permits. Tenant to make their own enquires.

Only

200m walk to bus stops

400m walk to KFC Kelvin Grove

600 m walk to QUT Kelvin Grove University Campus

1klm walk to Aldi Kelvin Grove

1.8 klm walk to Roma Street, Parklands

2.3 klm walk to Royal Brisbane Hospital

3 klm walk to Brisbane Queen Street Mall

Only 200 - 500m walk to Kelvin Grove - High School and QUT University Campus, bus stop and shops. No pets.

Property History for 7/56 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$1,850,000
05 Nov 2019
Listed for Rent
$400/w
03 Apr 2025
  • 19 Feb 2025
    Listed for Rent $400 / week
  • 22 Aug 2024
    Listed for Rent $450 / week
  • 18 Aug 2023
    Listed for Rent $395 / 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 18 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 177 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.