8/23 Mitre Street, St Lucia, QLD 4067 | Property Value & History | OnTheHouse
OFF MARKET

8/23 Mitre Street
St Lucia QLD 4067

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 130m2
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Property Details for 8/23 Mitre St, St Lucia

8/23 Mitre St, St Lucia is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 130m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
1980
Floor Size
89m2
Land Size
130m2
Local Government
Brisbane
Lot/Plan
8/BUP5146

Last Listing description (July 2025)

Unrenovated 2 bed 1 bath unit - 47 inspections 15 offers and a great sale all within 7 days. Want results like this? Call me for a confidential discussion.Nestled in a quiet, leafy street just three blocks from the University of Queensland, this stylish top-floor apartment offers the perfect blend of low-maintenance living and unbeatable convenience. With easy access to local cafs, shops, river walks, parks, and multiple public transport options (bus and city cat), this is St Lucia living at its best.Enjoy suburban views from the north-east facing verandas, while soaking in warm winter sun and refreshing summer breezes. The open-plan layout is bathed in natural light, complemented by a fresh white interior and new bamboo flooring, creating a relaxed and welcoming atmosphere.Key Features:* Spacious, contemporary kitchen with elec appliances, new dishwasher & ample storage* Two well-sized bedrooms, both with built-in robes, fans & A/C* Oversized master bedroom with private balcony* Light-filled living and dining area opens onto a front balcony perfect for entertaining* Central bathroom with separate toilet for added convenience* Internal laundry located upstairs within the unit* Tandem lock-up garage with space for two cars or extra storageThe Complex:* Boutique complex of just 11 solid brick apartments (built in 1982)* Low body corporate fees just $4,720 per annum* Ample visitor parking plus plenty of on-street options* No pool or lift keeping maintenance and costs lowUnbeatable Location:* Only 3 blocks to UQ perfect for students or staff* Direct access to public transport: bus and CityCat to CBD, West End, South Bank, New Farm, Bulimba, and more* Close to Ironside State School, Toowong Village, and beautiful local parklandsWhether you're a first home buyer, a savvy investor, or a parent looking for a safe, secure home for your university-bound child, this property is a smart and strategic purchase in a high-demand suburb.The current tenant is vacating soon, offering the opportunity for vacant possession at settlement. For investors, the potential rental return is approximately $600-650 per week, with consistent demand thanks to its proximity to UQ and essential amenities.Dont miss this rare opportunity to secure a top-floor apartment in one of St Lucias most tightly held pockets.

Property History for 8/23 Mitre St, St Lucia, QLD 4067

A timeline of how this property has performed in the market
Last Sold
$700,000
04 May 2025
Listed for Rent
$380/w
14 Feb 2018
  • 04 May 2025
    Sold for $700,000
  • 01 May 2025
    Listed for Sale Sold
  • 23 Jan 2019
    Sold for $322,000
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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of 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 42.00% increase in median value, while Units have seen a 99.87% increase. As at 30 April 2026:

  • The median value for Houses in St Lucia is $2,197,863 while the median value for Units is $1,037,415.
  • Houses have a median rent of $850 while Units have a median rent of $690.
There are currently 34 properties listed for sale, and 25 properties listed for rent in St lucia on OnTheHouse. According to Cotality's data, 264 properties were sold in the past 12 months in St lucia.

Suburb Insights for St Lucia 4067

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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.