51-53 Albert StreetSt George QLD 4487
Property Details for 51-53 Albert St, St George
51-53 Albert St, St George is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 4047m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (February 2025)
Two Highset Units for Sale Great Investment Opportunity
Available for purchase as one, these two highset 2-bedroom units are situated on a single title, providing an excellent opportunity for investors or multi-generational living.
Unit 1 (Rear):
- Recently renovated kitchen and bathroom
- 2 bedrooms plus a sunroom/office space
- Two AC units
- Currently tenanted, bringing in $230 per week
- Fixed term lease until May 2025
Unit 2 (Front):
- 2 bedrooms with an open-plan kitchen
- One AC unit
- Offers great potential for updating
- Currently tenanted, bringing in $210 per week
- Fixed term lease until May 2025
Rates: $2,122.11 per 6 months (for the period 01/07/2024 to 31/12/2024)
This is a rare opportunity to secure two well-positioned highset units on one title, offering an excellent rental income and future potential. With long-term tenants already in place, these units present a solid investment, while the spacious 4047m block provides ample room for future improvements or development. Whether you're an investor seeking reliable returns or a family looking for multi-generational living. Don't miss out on this great investment opportunity!
Property History for 51-53 Albert St, St George, QLD 4487
- 10 Jan 2025Sold for $250,000
- 12 Nov 2024Listed for Sale $270,000
- 04 May 2021Listed for Rent - Price not available
Recent sales nearby
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About St George 4487
The size of St George is approximately 11036.2 square kilometres. It has 12 parks covering nearly 0.4% of total area. The population of St George in 2016 was 3048 people. By 2021 the population was 3130 showing a population growth of 2.7% in the area during that time. The predominant age group in St George is 10-19 years. Households in St George are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St George work in a managers occupation.In 2021, 54.50% of the homes in St George were owner-occupied compared with 56.70% in 2016.
St George has 1,685 properties. Over the last 5 years, Houses in St George have seen a 75.79% increase in median value, while Units have seen a 74.88% increase. As at 28 February 2026:
- The median value for Houses in St George is $299,951 while the median value for Units is $298,046.
- Houses have a median rent of $400 while Units have a median rent of $200.
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