Back 58/38 Palmer St
Off Market

58/38 Palmer St

Greenslopes QLD 4120

2
2
1
Apartment
Luke DawsonLuke Dawson, last sold this property on 27 October 2022 after 41 days on market.

Overview

Top Floor Stunner - Well Priced For A Fast Sale!

Nestled in the leafy suburb of Greenslopes, this super cool apartment situated in "Coolmore apartment" complex boasts a quiet life in suburbia, while remaining 6km from the CBD. The combination of low body corporate fees and the prime position make this apartment perfect for first home buyers and young professionals. Greenslopes is definitely a suburb on the rise. The variety of highly-regarded schools in the area makes it a top choice for young families, while the Greenslopes Private Hospital attracts medical professionals who value working close to home. Designed for comfort and functionality, this apartment features an open plan layout and carpeted living and dining areas. The modern kitchen area is well-equipped for your everyday needs, including a dishwasher, electric stove top and breakfast bar. Both the living area and master bedroom open onto a breezy balcony, perfect for summer dining. The two bedrooms are generous in size, while the master boasts an ensuite and walk-in robe. Both bathrooms are low maintenance, with the larger of the two incorporating a washer and dryer. The gated secure complex has an on-site manager and access to ample visitor parking, a resort-style pool and a functional gazebo area. The property is currently rented for $550 per week until 27/07/2023, which makes for a very strong investment. With property in Greenslopes tightly held, and many up-and-coming precincts in neighbouring Stones Corner and Woolloongabba, this is a fantastic opportunity to secure a property in a sought-after suburb! Presenting a sought-after lifestyle in a vibrant precinct, this low-maintenance apartment is located less than 2km from the cafes, bars, shops and restaurants of Stones Corner and Woolloongabba. Just 10 minute drive to Westfield Carindale and Garden City, Brisbane City and Griffith University.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Greenslopes over the last 12 months, the estimated median property value of 58/38 Palmer St is $842k.

Median value
$842k
Estimated value range
$655k - $1.06m
Median days on market
19
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Greenslopes. 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 58/38 Palmer St

2022
Sold
Undisclosed
Private Sale/Treaty on 27 Oct 2022 by Luke Dawson, of Ray White Paddington QLD
2020
Sold
$312,600
17 Mar 2020 by Christo Papas, of Social Realty Au

Happy sellers in Greenslopes

88%
88% of sellers in Greenslopes reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 34 reviews in Greenslopes over the last 12 months.

Local market activity for 2 bedroom apartments in Greenslopes

In the last 12 months, 35 two-bedroom apartments similar to 58/38 Palmer St, have been sold.

This represents a 30% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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