Back 601/5 Folkestone Street
Off Market

601/5 Folkestone Street

Bowen Hills QLD 4006

2
2
1
0 m²
Apartment
Last sold for $560,000
Daniel ScanlanDaniel Scanlan, last sold this property on 29 August 2023 after 36 days on market.

Overview

Sold by Daniel Scanlan

This gorgeous north facing apartment will make you instantly feel like at home. Ideally located just minutes from the Brisbane CBD and Valley precincts, this well-appointed & modern apartment will suit owner occupiers and investors alike. With lofty panoramic views from every window your new property will be the envy of your guests. As you enter the property you are greeted by a light-filled open plan layout with your attention immediately drawn to the Parkside treescape. The kitchen features a large island bench, stainless steel appliances and ample storage. There are additional power points on the island and the fridge space is plumbed to accommodate fridges with chilled water and ice making capabilities. The living and dining areas are generously sized and designed with entertaining in mind. This central area leads out to a covered balcony with glass balustrading, which allows the whole apartment to be filled with natural light. There are two bedrooms and two bathrooms, located at opposite ends of the apartment allowing residents to enjoy their own space and privacy. Both bedrooms are air conditioned and have built in wardrobes. The master features an ensuite and two large opening windows which take full advantage of the elevated position. OFFERED WITH VACANT POSSESSION AND RENT APPRAISED AT $650 PER WEEK. What you'll love about this property: • North facing apartment. • Elevated views from all windows. • Security access throughout. • Fully air conditioned. • Parkside inner-city location. • Boutique complex. * Low $3600 annual BC levies Proximity to key amenities: Bowen Hills Train Station 200m New Farm Bowls Club 300m New Farm Park 500m Brisbane Showgrounds 600m Breakfast Creek Hotel 750m Mater Hospital 1k Brunswick Street Mall 1.7K Story Bridge 1.9k Howard Smith Wharves 1.9k

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bowen Hills over the last 12 months, the estimated median property value of 601/5 Folkestone Street is $805k.

Median value
$805k
Estimated value range
$700k - $920k
Median days on market
27
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bowen Hills. 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 601/5 Folkestone Street

2023
Sold
$560,000
29 Aug 2023 by Daniel Scanlan, of RE/MAX Experience

Happy sellers in Bowen Hills

86%
86% of sellers in Bowen Hills reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Bowen Hills over the last 12 months.

Local market activity for 2 bedroom apartments in Bowen Hills

In the last 12 months, 37 two-bedroom apartments similar to 601/5 Folkestone Street, have been sold.

This represents a 47% increase in two-bedroom apartments sales when compared to the previous 12 months.

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