2/1 Cressey StreetWavell Heights QLD 4012
Property Details for 2/1 Cressey St, Wavell Heights
2/1 Cressey St, Wavell Heights is a 5 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 562m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 5 bedroom Unit sold in Wavell Heights in the last 12 months.
Last Listing description (December 2025)
Perfectly positioned in one of Brisbane's most sought-after suburbs, this well-maintained duplex presents an exceptional opportunity for investors, renovators, or extended families seeking versatility, convenience and strong rental returns.
Set across two self-contained residences on one title, the property offers flexibility and long-term growth potential in a high-demand pocket of Wavell Heights.
Development opportunity for a variety of low density dwelling types
Unit 1 - Modern Comfort & Strong Return
Beautifully presented and move-in ready, this spacious three-bedroom residence delivers effortless modern living with a relaxed, low-maintenance lifestyle.
Light-filled open-plan living and dining areas feature polished floorboards, ceiling fans and air conditioning for year-round comfort. The contemporary kitchen offers ample storage, an electric cooktop and dishwasher, while the master bedroom enjoys an ensuite and built-in robe.
• 3 bedrooms with built-in wardrobes
• Master with ensuite, air conditioning and ceiling fan
• 2 bathrooms, including family bathroom with bathtub
• Open-plan living & dining with air conditioning and ceiling fan
• Modern kitchen with ample storage, electric cooktop & dishwasher
• Secure single garage
• Fenced outdoor entertaining area
• Currently rented for $680 per week
Unit 2 - Renovator's Delight with Endless Potential
Neat and functional in its current state, this original-condition two-bedroom unit offers ample scope to renovate and add instant value. Ideal for investors or those looking to capitalise on Wavell Heights' strong growth and lifestyle appeal.
• 2 bedrooms, 1 bathroom
• Open-plan living and kitchen area
• Single car accommodation
• Original condition with renovation potential
• Currently rented for $470 per week
Location Highlights
Enjoy the best of both worlds - a quiet residential setting within walking distance to parks, schools, and transport. Moments from Wavell Heights State School, Wavell State High, Shaw Road Shopping Village, Nundah Village and Westfield Chermside. Bus stops are just metres away, with Eagle Junction train station a short drive for easy city access.
A rare dual-income opportunity in a blue-chip suburb - offering solid returns today and exciting potential for the future.
Property History for 2/1 Cressey St, Wavell Heights, QLD 4012
- 24 Nov 2025Sold for $1,360,000
- 06 Nov 2025Listed for Sale Offers over $1,390,000
- 30 Apr 2019Listed for Rent - Price not available
Recent sales nearby
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0About 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 4,278 properties. Over the last 5 years, Houses in Wavell Heights have seen a 92.51% increase in median value, while Units have seen a 98.60% increase. As at 31 December 2025:
- The median value for Houses in Wavell Heights is $1,552,283 while the median value for Units is $810,657.
- Houses have a median rent of $740 while Units have a median rent of $615.
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