Back 5/489 Milton Road
Off Market

5/489 Milton Road

Auchenflower QLD 4066

2
1
1
130 m²
Unit
Last sold for $645,000
Brett AndreassenBrett Andreassen, last sold this property on 28 July 2025 after 21 days on market.

Overview

Smart Buying in a Sought After Inner Suburb

Quick Details Rates: $506/qtr Body Corporate: $2,400/annum Sinking Fund Balance: $12,355 (as at 30/6/2024) Age: 1972 Number in Building: 6 Investment Information: Vacant – Potential $550-$570/week (access from Markwell St) Positioned on the second floor and facing north, this light filled two bedroom apartment offers a convenient inner city lifestyle in a well maintained complex. Ideal for those seeking space, practicality and access to key amenities, this property ticks the boxes for comfort and functionality. Whether you are looking to move in or rent out, this is an opportunity worth considering. • North facing aspect with abundant natural light • Two generous bedrooms with built in wardrobes • Open plan living and dining area with balcony access • Well appointed kitchen with ample storage • Neat bathroom with separate toilet for convenience • Single lock up garage The property sits within easy reach of the Auchenflower train station, The Wesley Hospital and the University of Queensland. Just minutes from the Brisbane River and Toowong Village, the area provides excellent shopping, dining and recreational options. With direct road and public transport access to the CBD, it is a central position that suits both students and professionals. This apartment presents great value for first home buyers entering the market and looking to secure a low maintenance home in a desirable suburb. It is also a smart option for parents buying for university aged children due to its proximity to UQ and reliable public transport. Investors will appreciate the solid rental demand in this location, along with the potential for strong returns and future capital growth. Apartments in this pocket of Auchenflower continue to be sought after thanks to their affordability and location benefits. If you are looking for a well presented property with immediate lifestyle appeal, 5/489 Milton Road deserves your attention. Contact us today to arrange your inspection.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
130 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Auchenflower over the last 12 months, the estimated median property value of 5/489 Milton Road is $727.5k.

Median value
$727.5k
Estimated value range
$587.5k - $970k
Median days on market
27
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Auchenflower. 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 5/489 Milton Road

2025
Rented
Undisclosed
Leased on 10 Nov 2025 by Milk Chocolate Property
2025
Sold
$645,000
Private Sale/Treaty on 28 Jul 2025 by Brett Andreassen, of Plum Property

Happy sellers in Auchenflower

92%
92% of sellers in Auchenflower reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 26 reviews in Auchenflower over the last 12 months.

Local market activity for 2 bedroom units in Auchenflower

In the last 12 months, 21 two-bedroom units similar to 5/489 Milton Road, have been sold.

This represents a 39% increase in two-bedroom units sales when compared to the previous 12 months.

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