3/2 Gailey Rd, St Lucia is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 75m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Unit sold in St Lucia in the last 12 months.
Positioned in a tightly held inner-west pocket, this recently renovated one-bedroom unit presents a rare dual-purpose opportunity for both owner-occupiers and investors. Currently operating as a high-performing short-term rental with documented returns exceeding 7% per annum, the property offers immediate income potential while remaining an ideal first home or low-maintenance city-fringe residence.With modern finishes, excellent transport connectivity and lifestyle amenities at your doorstep, this is smart buying close to the Brisbane CBD with flexibility built in.Key Features:- One spacious bedroom and modern bathroom- Recently renovated with fresh, contemporary finishes- Functional open-plan living and dining area- Modern kitchen with practical storage solutions- Proven short-term rental performance (Airbnb & Booking.com) with verified income records available- Suitable for owner-occupiers, long-term leasing or short-stay investment- Bus stop directly out front of the complex- Approximately 4 minutes to Toowong train station and shopping centre- 5 minutes to Indooroopilly Shopping Centre- 180m to Perrin Park and 1.1km to the CityCat ferry terminal- Approximately 14 minutes to Brisbane CBDCouncil Rates - $449 per quarter approxBody Corporate Fees - $3,384 per annum approxRental Appraisal - $600 per week Offering genuine flexibility, strong income credentials and an unbeatable inner-west location, this renovated unit represents an outstanding opportunity for first-home buyers, downsizers or investors seeking a proven performer with long-term growth appeal.*Important: Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.
The size of St Lucia is approximately 4.6 square kilometres. There are 36 parks, covering nearly 19.4% of the total area. The population of St Lucia in 2016 was 12574 people. By 2021 the population was 12220 showing a population decline of 2.8% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation.In 2021, 44.40% of the homes in St Lucia were owner-occupied compared with 41.60% in 2016.
St Lucia has 5,593 properties. Over the last 5 years, Houses in St Lucia have seen a 33.65% increase in median value, while Units have seen a 102.20% increase. As at 31 May 2026:
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