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59-61 Victoria Street, Kelvin GroveUnder Contract
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59-61 Victoria Street

Kelvin Grove, QLD 4059, Australia
Under Contract
6 bed 3 bath810 m²

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About this property

Perched high on a wide and quiet street in Kelvin Grove, this 810sqm pre-war property offers a rare opportunity for investors and those looking to develop. Split into three self contained dwellings, this unique residency has six bedrooms, three kitchens, three bathrooms and multiple dining and living areas. The property provides a compelling rental yield and the large double block has proven capital appreciation year on year. All three apartments are currently occupied with long-term residents, and with high local demand, buyers can have confidence in very low rates of future vacancy. The property currently has a gross rental yield of $79,257.14 p.a. Within walking distance of Kelvin Grove Urban Village, Queensland University of Technology, various shopping outlets, public transport and schools, this captivating property has all of the attributes and nearby amenities required to make it a strong contender for future growth. Contact Lindsay Brown at Kangaroo Point Residential to arrange your inspection today. Disclaimer: Kangaroo Point Residential have made every effort to ensure the information contained in this advertising is true and accurate, but accept no responsibility or liability with respect to errors, omissions, inaccuracies or misstatements. Prospective buyers should make their own enquiries to confirm the information within this advertisement is correct.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Land Area
810 m²
Listed
2 months ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$300,000
Stamp duty$66,775
Conveyancing (est.)$2,000
Total upfront$368,775
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Kelvin Grove

This 6-bedroom house in Kelvin Grove, QLD 4059 sits within reach of public transport, local shops and nearby schools.

Schools near Kelvin Grove

  • Kelvin Grove State Collegecombined · Prep-12 · CoEd
  • Compass Independent Schoolprimary · Prep-7 · CoEd
  • Queensland Academy for Creative Industriessecondary · 10-12 · CoEd

What's nearby

  • Windsor Rd at Red Hill, stop 8 (bus)139 m away
  • Thrift Shop and Eternity Boutique161 m away
  • Marshall Park322 m away
  • Unnamed356 m away
  • McCaskie Park453 m away

Kelvin Grove at a glance

Full suburb profile
Population
7,909
Median age
28
Household income
$1,670/wk
Median rent
$400/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kelvin Grove price trend

Median sold · House 3 bed

Compound growth +7.9% / yr over 4 yrs

$1.46mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Kelvin Grove market

Within 5km

Nearby Properties

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