307/35 Peel Street, South Brisbane, QLD 4101 sold on 01 September 2025 | OnTheHouse
SOLD
Sold on 01 Sep 2025 for $430,000

307/35 Peel Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 307/35 Peel St, South Brisbane

307/35 Peel St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2013
Local Government
Brisbane
Lot/Plan
307/SP227497

Last Listing description (October 2025)

Prime South Brisbane Unit Walk to South Bank & CBD

Financial Snapshot
- Long Term Rental approx. $640$680/week
- Short Term Letting net income approx. $2,200$2,500/month (higher during BCEC & Gabba events)

- Leaseback (Rental Guarantee): approx. $2,300/month net no commissions, advertising, or vacancy fees
- Body Corporate (Admin + Sinking + Insurance): approx. $8,293/year ( $159/week)
- Council Rates: approx. $3,048/year ($508 billed every 2 months)
- Water Rates: approx. $888/year ($222 per quarter)

Location Highlights:
- Cultural & Lifestyle Precinct: Walk to South Bank Parklands, QPAC, Queensland Museum, and Brisbane Convention & Exhibition Centre
- Entertainment: Minutes to The Gabba for AFL, cricket, and upcoming 2032 Olympic events major driver of short-term demand
- Employment & Education Hub: Close to Mater Hospital, Princess Alexandra Hospital, and major universities (UQ, QUT, Griffith South Bank campus)
- Transport: Excellent public transport with South Bank train station, busway, and ferry terminals all nearby; CBD only ~2km away
- Dining & Shopping: Surrounded by West End cafes, South Bank restaurants, and city shopping precincts

Property Features
- 1 bedroom, 1 bathroom ideal for professionals, students, or couples
- Fully furnished and move-in/investment ready
- Open-plan living with air-conditioning and ceiling fans
- Secure complex with on-site management and lift access
- Onsite facilities including pool, gym, and day spa

Why This Investment Stands Out
1. Versatile Income Strategies choose from three rental paths: secure a long-term tenant, take advantage of the thriving short-stay market, or lock in a guaranteed net rent via the leaseback program.

2. Strong Yields in a Tight Market
Annual unit price growth has averaged approx. 10% over recent years (Your Investment Property Magazine, RealEstate.com.au)

3. Affordable Entry Point one of the most competitively priced inner-city units, giving investors exposure to a blue-chip location without the usual price tag.

Investor Appeal Summary
- Flexible income options: long-term rent, short-term letting, or leaseback guarantee
- Independent rental appraisal of approx. $640$680/week confirms strong tenant demand
- Low vacancy environment (Brisbane's vacancy rate sits near 1%) ensures consistent occupancy
- Major infrastructure and events (Cross River Rail, Gabba Olympics upgrade) set to boost future capital growth
- Truly set-and-forget opportunity with professional onsite management

Disclaimer
Every effort has been made to ensure accuracy, however buyers should conduct their own due diligence (inspection, independent valuation, financial checks). This property is marketed without a price guide in compliance with Queensland legislation. Rental estimates and outgoings are approximate and indicative only, not a guarantee of future performance. Some images used contain digital furniture for illustrative purposes only.

Property History for 307/35 Peel St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$430,000
01 Sep 2025
  • 01 Sep 2025
    Sold for $430,000
  • 21 Aug 2025
    Listed for Sale UNDER OFFER
  • 19 Jun 2023
    Listed for Sale Contact Agent
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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.

South Brisbane has 10,552 properties. Over the last 5 years, Houses in South Brisbane have seen a 41.04% increase in median value, while Units have seen a 86.51% increase. As at 30 June 2026:

  • The median value for Houses in South Brisbane is $1,832,595 while the median value for Units is $975,977.
  • Houses have a median rent of $795 while Units have a median rent of $800.
There are currently 40 properties listed for sale, and 31 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 475 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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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.