402/32 Russell Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

402/32 Russell Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 125m2
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Property Details for 402/32 Russell St, South Brisbane

402/32 Russell St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 125m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2017
Floor Size
80m2
Land Size
125m2
Local Government
Brisbane
Lot/Plan
402/SP273913

Last Listing description (May 2026)

Experience the ultimate inner-city lifestyle in this well designed two-bedroom apartment located in the highly sought-after Olympia complex, perfectly situated in the heart of South Brisbane's cosmopolitan precinct.

The spacious open-plan living area boasts floor-to-ceiling windows, providing abundant natural light and excellent cross ventilation. High ceilings and neutral colour tones create a sense of openness, complemented by ducted air conditioning for year-round comfort. The modern kitchen features high-quality Bosch appliances, a gas cooktop, and stone benchtops, making it ideal for home chefs and entertainers alike.


Step out onto the north-east facing private balcony, perfect for outdoor dining or relaxing with friends while soaking in the city views. The two generous bedrooms include built-in wardrobes, and the stylish bathrooms feature floor-to-ceiling tiles and large walk-in showers. Additionally, the apartment offers a dedicated study room/ office or possible third bedroom.
This complex is designed with lifestyle in mind, featuring a rooftop viewing deck with a BBQ area and stunning 360 views of the Brisbane skyline and Musgrave Park. Residents can also enjoy the ground floor alfresco area for further relaxation or entertaining. The grand entry foyer, high-level security with video intercom, ample visitor parking, and a high owner-occupier ratio reflects the quality and desirability of the complex.

Conveniently located opposite Musgrave Park, and within walking distance of South Bank, Brisbane State High School, Boundary Street's vibrant cafe scene, and the West Village shopping complex, everything you need is at your doorstep. With easy access to public transportation, including buses, trains, ferries, and cycle paths, as well as the arterial road network, this property offers unparalleled connectivity.
Whether you're looking for the perfect inner-city base, a downsizer's dream home, or a high-yield investment, this apartment ticks all the boxes. Don't miss out on the opportunity to secure your slice of innercity living in one of Brisbane's most desirable locations.

Features:
-2 car spaces
-Enclosed study
- Spacious open-plan living with city and urban views.
- Rooftop terrace with 360 views of the city and park.
- Modern kitchen with Bosch appliances and gas cooktop.
- Walking distance to South Bank, Fish Lane, and West End Markets.
- Close to schools, universities, dining, entertainment, and cultural venues.
- Easy access to public transport and arterial roads.

**Photos are indicative and not of the actual apartment**

Property Code: 1368

Property History for 402/32 Russell St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$670,000
27 May 2015
Listed for Rent
$880/w
15 May 2026
  • 15 May 2026
    Listed for Rent $880 / week
  • 31 Mar 2025
    Listed for Rent $800 / week
  • 27 May 2015
    Sold for $670,000
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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 10,562 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:

  • The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
  • Houses have a median rent of $793 while Units have a median rent of $810.
There are currently 54 properties listed for sale, and 19 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 433 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.