Back 5/15 Sir Fred Schonell Drive
Off Market

5/15 Sir Fred Schonell Drive

St Lucia QLD 4067

2
1
1
Unit
Last sold for $570,000
Louie MaxwellLouie Maxwell, last sold this property on 18 November 2025 after 6 days on market.

Overview

Elevated, Flood-Free & Tenanted Until 2027 - A Set & Forget Investment

A smart addition to any portfolio, this two-bedroom unit offers secure long-term income and strong rental growth potential in one of Brisbane's most tightly held rental markets. Positioned well back from Sir Fred Schonell Drive, the property enjoys an elevated, flood-free location with excellent natural light, breezes, and a leafy suburban outlook. While the interiors would benefit from a modern upgrade, the bones are solid-making this a low-maintenance investment today with clear renovation upside down the track. Currently leased to reliable tenants until the end of January 2027, the property currently rents for $495 per week, increasing to $520 per week in February 2026, providing stable, predictable cash flow with built-in rental growth already secured. St Lucia remains a favourite with both tenants and buyers, driven by its proximity to the University of Queensland, city-bound transport, and lifestyle amenity. Whether you are starting your investment portfolio or looking to add another to the collection this unit offers incredible upside at a price point where opportunities to enter the suburb's market have become exceptionally rare.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in St Lucia over the last 12 months, the estimated median property value of 5/15 Sir Fred Schonell Drive is $770k.

Median value
$770k
Estimated value range
$10k - $1.38m
Median days on market
14
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Lucia. 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 5/15 Sir Fred Schonell Drive

2025
Sold
$570,000
18 Nov 2025 by Louie Maxwell, of Raine & Horne Brisbane West
2024
Rented
Undisclosed
Leased on 01 Feb 2024 by Raine & Horne Brisbane West
2024
Rented
Undisclosed
Leased on 01 Feb 2024 by Raine & Horne Brisbane West

Happy sellers in St Lucia

85%
85% of sellers in St Lucia reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 47 reviews in St Lucia over the last 12 months.

Local market activity for 2 bedroom units in St Lucia

In the last 12 months, 26 two-bedroom units similar to 5/15 Sir Fred Schonell Drive, have been sold.

This represents a 19% increase in two-bedroom units sales when compared to the previous 12 months.

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