Back 47 Johnston Street
Off Market

47 Johnston Street

Bulimba QLD 4171

2
1
1
881 m²
House
Last sold for $3,370,000
Tony O'DohertyTony O'Doherty, last sold this property on 19 February 2026 after 142 days on market.

Overview

Inner-city 881sq m potential to develop

Two prime lots of inner-city Bulimba real estate, perfectly positioned for subdivision or redevelopment (STCA), just 600m from the Apollo Road ferry terminal and 1km from the iconic Oxford Street precinct. This is a rare opportunity to secure a substantial, versatile site in one of Brisbane's most sought-after suburbs. Zoned Low Density Residential (LDR), the 881sq m property offers flexibility for a large dream family home or two equally impressive dwellings. With professional guidance from a town planner or development consultant, the full potential of this exceptional site can be realised. Currently, an original post-war two-bedroom, one-bathroom home sits on the block. Fully rentable, it provides a practical landbanking option until the right moment for renovation or redevelopment. As one of the largest and most underdeveloped properties on coveted Johnston Street, this property excels in development potential, lifestyle, location, and future capital growth. Rarely does an opportunity of this calibre appear in Bulimba's inner-city market. * 881sq m Bulimba riverside precinct property across two lots * Low Density Residential (LDR), potential to subdivide or redevelop (STCA) * Existing post-war two-bedroom, one-bathroom home * Lease and landbank, knock down to build a dream home, or subdivide (STCA) * Only 600m to Apollo Road ferry terminal and 1km to the Oxford Street precinct * 5km to Brisbane's CBD, less than 15 minutes by car * Approximately 15 minutes to Brisbane Airport and major coastal routes

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
881 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Bulimba over the last 12 months, the estimated median property value of 47 Johnston Street is $1.8m.

Median value
$1.8m
Estimated value range
$1.2m - $3.37m
Median days on market
24
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bulimba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 47 Johnston Street

2026
Sold
$3,370,000
19 Feb 2026 by Tony O'Doherty, of McGrath Bulimba
2015
Sold
$1,415,000
Auction Sale on 28 Nov 2015 by John McLeod, of Harcourts Inner East

Happy sellers in Bulimba

75%
75% of sellers in Bulimba reported that their sale price either exceeded or met their price expectations.

Bulimba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Bulimba over the last 12 months.

Local market activity for 2 bedroom houses in Bulimba

In the last 12 months, 3 two-bedroom houses similar to 47 Johnston Street, have been sold.

This represents a 50% decrease in two-bedroom houses sales when compared to the previous 12 months.

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