607/35 Peel St, South Brisbane is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 51m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Apartment sold in South Brisbane in the last 12 months.
Perfectly positioned within the popular Capitol Apartments, this modern one-bedroom residence represents an outstanding opportunity for first-home buyers and investors to secure a foothold in one of Brisbane's most tightly held inner-city markets.
Situated on the 5th floor, the apartment features a well-designed open-plan layout that maximises space, natural light, and functionality. The contemporary kitchen is equipped with stone benchtops, quality stainless-steel appliances, and ample storage, flowing seamlessly into the living and dining area - ideal for both owner-occupiers and tenants alike.
The generous bedroom is complemented by a stylish, modern bathroom with quality finishes, while additional features include ducted air-conditioning, an internal laundry, and secure lift access, ensuring comfort and low-maintenance living.
Location Highlights
- Set in the heart of South Brisbane, residents enjoy a true walk-to-everything lifestyle, just moments from:
- South Bank Parklands, QPAC, and the Brisbane Convention & Exhibition Centre
- Brisbane CBD and West End's renowned dining and café scene
- South Brisbane train station and multiple bus services within close proximity
- Woolworths Metro, riverside walkways, and everyday amenities at your doorstep
With strong rental demand, excellent yields, and minimal upkeep, this apartment is an ideal investment choice or an affordable first step into the Brisbane inner-city market. Opportunities at this level, in this location, are increasingly rare - making this a smart move for buyers looking to secure long-term value and immediate returns.
Financials
- Rates: $550 per quarter
- Body Corporate Levy: $2,220 per quarter (approx.)
- Rental Appraisal: $600 - $650 per week
- Short-term Rental: $2,200 - $2,400 per month (approx.)
In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 5th February 2026 at 11am
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
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 10,555 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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.