508/7 Hope Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

508/7 Hope Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 35m2
Land area: 52m2
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Property Details for 508/7 Hope St, South Brisbane

508/7 Hope St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 52m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2000
Floor Size
35m2
Land Size
52m2
Local Government
Brisbane
Lot/Plan
508/SP131942

Last Listing description (June 2016)

Looking for a great investment to start or add to your portfolio? This unit for sale in South Brisbane is geared to the investment market if you are seeking a reasonably priced property that is consistently rented. With its location right on the door step of the CBD and Southbank, it provides a homely sanctuary that is also well serviced with its on-site facilities and proximity to bars and restaurants.
It has one double built-in bedroom that has an in built desk as well. There is an open plan air-conditioned living and kitchen area that opens out to a very large balcony.
On site facilities include a recreation room, laundry facilities, gymnasium and a roof top pool deck and BBQ area. This is the perfect spot to relax and enjoy the Brisbane skyline, particularly on those balmy summer evenings when the fireworks are on.

You can easily walk or cycle into town or out to one of the university campuses from here. Montague Road is changing with more coffee shops popping up and the iconic West End markets are close by.
It is currently rented for $300 per week until January.
BCC Rates: $313/qtr approx
Body Corp Fees: $788 / qtr approx

Property History for 508/7 Hope St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$220,000
01 Apr 2016
  • 01 Apr 2016
    Sold for $220,000
  • 11 Jan 2016
    Listed for Sale For Sale Now - $223,000
  • 02 Sep 2015
    Listed for Sale Not Disclosed
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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 10,558 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:

  • The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
  • Houses have a median rent of $795 while Units have a median rent of $805.
There are currently 49 properties listed for sale, and 21 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 431 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.