68 Cambridge Street, Red Hill, QLD 4059 | Property Value & History | OnTheHouse
OFF MARKET

68 Cambridge Street
Red Hill QLD 4059

Bedrooms: 8
Bathrooms: 3
Car spaces: -
Land area: 556m2
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Property Details for 68 Cambridge St, Red Hill

68 Cambridge St, Red Hill is a 8 bedroom, 3 bathroom House. The property has a land size of 556m2.

Building Type
House
Land Size
556m2
Local Government
Brisbane
Lot/Plan
2/SP302680

Last Listing description (January 2015)

Situated in the inner city suburb of Red Hill on the border of Paddington, this property offers the opportunity for solid investment.

Positioned on 562m2 of land, right on the front boundary, is the original pre-war home. Upstairs of the home is a 3 bedroom, 1 bathroom flat with weekly rent of $600.


Downstairs of the home, accessed by the side walk way is another separate 3 bedroom flat with weekly rent of $570.

The owner has built a 2 bedroom, double storey townhouse at rear, accessed by the side walk way with appraised weekly rent of $650.

All building work has been certified through council and the new owner can leave the site as is or look to strata title the complex.

There is also the opportunity for possible further development on-site, as the owner has advised that another townhouse could be constructed at rear where the current green space is.

With easy walking distance to Caxton Street, vibrant Paddington with boutique shops and restaurants, public transport and all amenities on offer in the inner city, this is an opportunity that needs to be explored by any savvy investor!

Also enjoy walking distance to Kelvin Grove campus, QUT Garden Point University as well as the inner city location, this property is an attractive proposition to tenants and has continued to attract strong rental return for the current owner and is a great income producing property.

Please contact Chrese Morley on 0412 586 994 for additional information or to arrange a viewing.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 68 Cambridge St, Red Hill, QLD 4059

A timeline of how this property has performed in the market
  • 22 Jan 2015
    Listed for Sale Auction 25 Feb 2015
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About Red Hill 4059

The size of Red Hill is approximately 140.9 square kilometres. There are 7 parks, covering nearly 0.3% of the total area. The population of Red Hill in 2016 was 5560 people. By 2021 the population was 5834 showing a population growth of 4.9% in the area during that time. The predominant age group in Red Hill is 20-29 years. Households in Red Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Red Hill work in a professional occupation.In 2021, 52.10% of the homes in Red Hill were owner-occupied compared with 50.50% in 2016.

Red Hill has 2,820 properties. Over the last 5 years, Houses in Red Hill have seen a 55.88% increase in median value, while Units have seen a 112.31% increase. As at 31 May 2026:

  • The median value for Houses in Red Hill is $1,835,936 while the median value for Units is $983,999.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Red hill on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Red hill.

Suburb Insights for Red Hill 4059

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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.