1 Cressey Street, Wavell Heights, QLD 4012 | Property Value & History | OnTheHouse
 
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1 Cressey Street
Wavell Heights QLD 4012

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 86m2
Land area: 562m2
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Property Details for 1 Cressey St, Wavell Heights

1 Cressey St, Wavell Heights is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1965. The property has a land size of 562m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1965
Floor Size
86m2
Land Size
562m2
Local Government
Brisbane
Lot/Plan
394/RP41764

Last Listing description (March 2023)

Rarely does an opportunity presents itself to secure an outstanding investment and located in a highly desirable, tree lined and sought-after pocket of Wavell Heights.

Long term and great tenants in place, this extremely well-maintained property has so much to offer the most discerning of buyers and investors alike and an inspection is highly recommended!

An array of future development options available and only limited by and your imagination. To truly appreciate all the benefits and secure a foothold in the highly desirable market, do not hesitate to secure this attractive investment.

Boasting two separate units on a highly desirable 562m2 allotment, boasting separate entrances with balconies, each unit comprising of two bedrooms, bathroom, open plan living areas, lock up garage with storage areas together with separate laundry facilities with your own yard space.

A snapshot of features bound to impress:

Unit 1

* Private front balcony
* Spacious open plan kitchen and living areas with reverse cycle air-conditioning, laminate flooring and blinds
* Kitchen with ample storage cupboards and electric upright
* Master bedroom with built-in-wardrobes, fan/ceiling light, blinds and carpet
* Second bedroom with built-in-wardrobes, carpet and curtains
* Study nook area off kitchen area
* Bathroom with shower over bath, vanity, mirror and terrazzo flooring with separate toilet
* Linen storage
* Separate laundry facilities located underneath
* Single lock up garage with storage area
* Rear side access to fully fenced private yard area

Unit 2

* Private front balcony
* Spacious open plan kitchen and living areas with reverse cycle air-conditioning, with carpet in the living area
* Kitchen with ample storage cupboards, electric upright and laminate flooring
* Master bedroom with freestanding wardrobe, carpet, curtains, fan/ceiling light and flowing out to rear balcony overlooking your private yard space
* Second bedroom with carpet, curtains and fan/ceiling light
* Linen storage
* Separate laundry facilities located underneath
* Single lock up garage with storage area
* Fully fenced private yard area

Additional Information

* Rates $962.30 per quarter
* Water $527.16 per quarter
* Unit 1 currently rented @ $325.00 per week until 31 January 2023
* Unit 2 currently rented @ $360.00 per week until 31 January 2023
* Pet friendly
* Electricity separately metered
* Electric hot water system
* Fully fenced and on a 562m2 corner block
* NBN Connection
* Plus much more!

This property is the very definition of exceptional value with close proximity to reputable local schools, public transport, Chermside Shopping Centre, Nundah Village, Brisbane Airport and DFO, along with an array of walking/bike tracks.

For further information or to arrange your private viewing, please contact Dwight Colbert.

We look forward to meeting you at 1 Cressey Street in Wavell Heights.

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Property History for 1 Cressey St, Wavell Heights, QLD 4012

A timeline of how this property has performed in the market
Last Sold
$899,500
31 Jan 2023
Listed for Rent
$345/w
24 Mar 2016
  • 31 Jan 2023
    Sold for $899,500
  • 19 Oct 2022
    Listed for Sale UNDER CONTRACT
  • 29 Nov 2018
    Listed for Rent $310 / week
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About Wavell Heights 4012

The size of Wavell Heights is approximately 4.1 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Wavell Heights in 2016 was 9684 people. By 2021 the population was 10336 showing a population growth of 6.7% in the area during that time. The predominant age group in Wavell Heights is 30-39 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation.In 2021, 71.30% of the homes in Wavell Heights were owner-occupied compared with 70.60% in 2016.

Wavell Heights has 4,275 properties. Over the last 5 years, Houses in Wavell Heights have seen a 94.18% increase in median value, while Units have seen a 98.85% increase. As at 30 November 2025:

  • The median value for Houses in Wavell Heights is $1,558,664 while the median value for Units is $791,516.
  • Houses have a median rent of $738 while Units have a median rent of $620.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Wavell heights on OnTheHouse. According to Cotality's data, 210 properties were sold in the past 12 months in Wavell heights.

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© Copyright 2025. 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.

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