Back 5/16 Gailey Road
Off Market

5/16 Gailey Road

St Lucia QLD 4067

2
1
1
113 m²
Unit
Last sold for $725,000
Zac DaynesZac Daynes, last sold this property on 09 September 2025 after 7 days on market.

Overview

Two-Level Renovated Apartment, Great Position

Firstly, let’s answer the key unit questions: - How many units in complex: 9 units - Year Built: 1981 - Size: 113 sqm metres - Body corporate Fees: $1,981/ quarter (Approx) - Rental : $600 - $650 per week - Council Rates: $550 / Quarter (Approx) - Flooding: water came into garage in 2011 and nothing in 2022 - Sinking Fund Total: $40,451.95 Set over two levels on the top floor, this well-positioned two-bedroom unit delivers a functional layout and unbeatable lifestyle convenience. Located just a short stroll from Toowong Village, train and bus stations, the Brisbane River and CityCat terminal, this property presents an excellent opportunity for professionals, students, or investors alike. It’s also within easy reach of UQ, South Bank, and the CBD. Property Highlights: - Top-floor position within a well-maintained complex - Open-plan living and dining area with air-conditioning and excellent cross-breezes - Modern kitchen with gas cooktop, rangehood, dishwasher, and generous bench and storage space - Spacious balcony ideal for alfresco dining or quiet relaxation - Large master bedroom with built-in robe - Second bedroom also includes built-in storage - Contemporary main bathroom with shower, plus separate powder room - Undercover parking for one vehicle - Ample visitor parking and access to a shared in-ground swimming pool Location Benefits: - Short walk to Toowong Village, train station, and local cafes and restaurants - Easy CityCat access to South Bank and the CBD - Close to the University of Queensland, Indooroopilly Shopping Centre, the Wesley Hospital, and Brisbane’s inner west - Within the Ironside State School catchment (subject to your own verification)

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
113 m² lot size
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 5/16 Gailey Road 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 5/16 Gailey Road

2025
Sold
$725,000
09 Sep 2025 by Zac Daynes, of Plum Property
2022
Rented
Undisclosed
Leased on 17 Jul 2022 by Plum Property

Happy sellers in St Lucia

86%
86% 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 49 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 5/16 Gailey Road, have been sold.

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

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