Back 501/16 Merivale St
Off Market

501/16 Merivale St

South Brisbane QLD 4101

2
2
1
691 m²
Apartment
Last sold for $765,000
Ethan PetrieEthan Petrie, last sold this property on 05 November 2025 after 22 days on market.

Overview

Spacious Inner-City Apartment with Expansive Balcony & Fresh Modern Appeal

Perfectly positioned in the heart of South Brisbane at 16 Merivale Street, this beautifully refreshed two-bedroom apartment offers the ultimate in lifestyle, space, and convenience. Enjoying a desirable north-east aspect from the 5th floor, the apartment captures natural light throughout and features an impressive 61sqm wrap-around balcony - ideal for entertaining or relaxing in complete privacy. Recently updated to create a fresh, modern feel, this residence is truly move-in ready. Whether you're seeking a vibrant inner-city home or a high-performing investment in one of Brisbane's most in-demand suburbs, this property delivers exceptional value and lifestyle appeal. Key Features: - 126sqm of total living space - Two spacious bedrooms, both with built-in wardrobes, ensuite access, and direct balcony entry - Light-filled open-plan living and dining with refreshed interiors and modern finishes - Stylish kitchen with stone benchtops, stainless-steel appliances, and ample storage - Huge 61sqm north-east facing wrap-around balcony perfect for entertaining - Reverse-cycle air conditioning and ceiling fans throughout - Secure building with intercom and CCTV - Residents' facilities including pool and BBQ area Located within the South Bank precinct, you'll enjoy unbeatable proximity to Brisbane's finest amenities - stroll to the Cultural Centre, GOMA, QPAC, or dine at one of the 275+ restaurants, cafes and bars within a 1km radius. With South Brisbane train and bus stations just 450m away and the CBD less than 850m from your doorstep, everything you need is moments away. Location Highlights: - Prime position at 16 Merivale Street, South Brisbane - 850m to Brisbane CBD - 450m to South Brisbane train & busway - Easy access to South Bank Parklands, West End, and Brisbane's cultural hub Freshly renewed and ready to move in, this apartment combines spacious living, unbeatable convenience, and timeless style - a standout opportunity in one of Brisbane's most vibrant and connected locations. Financials - Rates: $500 per quarter - Water: $200 per quarter + usage - Body Corporate Levy: $1,900 per quarter (approx.) - Rental Appraisal: $750 - $800 per week In-Room Auction Location: Ray White West End (5/156 Boundary Street, West End) Thursday 6th November 2025 at 11am Disclaimer This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
691 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of 501/16 Merivale St is $920k.

Median value
$920k
Estimated value range
$574k - $2.21m
Median days on market
22
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Brisbane. 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 501/16 Merivale St

2025
Sold
$765,000
Auction Sale on 05 Nov 2025 by Ethan Petrie, of Ray White West End
2020
Sold
$418,500
Private Sale/Treaty on 14 Dec 2020 by Luke Westmore, of McGrath South Brisbane
2020
Sold
$418,500
13 Dec 2020 by Matt Phillips, of Image Property Aspley

Happy sellers in South Brisbane

89%
89% of sellers in South Brisbane reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 62 reviews in South Brisbane over the last 12 months.

Local market activity for 2 bedroom apartments in South Brisbane

In the last 12 months, 151 two-bedroom apartments similar to 501/16 Merivale St, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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