Back 607/35 Peel Street
Off Market

607/35 Peel Street

South Brisbane QLD 4101

1
1
51 m²
Apartment
Last sold for $491,000
Ethan PetrieEthan Petrie, last sold this property on 04 February 2026 after 44 days on market.

Overview

Prime South Brisbane Entry | High Rental Demand & Unbeatable Location!

Perfectly positioned within the popular Capitol Apartments, this modern one-bedroom residence represents an outstanding opportunity for first-home buyers and investors to secure a foothold in one of Brisbane's most tightly held inner-city markets. Situated on the 5th floor, the apartment features a well-designed open-plan layout that maximises space, natural light, and functionality. The contemporary kitchen is equipped with stone benchtops, quality stainless-steel appliances, and ample storage, flowing seamlessly into the living and dining area - ideal for both owner-occupiers and tenants alike. The generous bedroom is complemented by a stylish, modern bathroom with quality finishes, while additional features include ducted air-conditioning, an internal laundry, and secure lift access, ensuring comfort and low-maintenance living. Location Highlights - Set in the heart of South Brisbane, residents enjoy a true walk-to-everything lifestyle, just moments from: - South Bank Parklands, QPAC, and the Brisbane Convention & Exhibition Centre - Brisbane CBD and West End's renowned dining and café scene - South Brisbane train station and multiple bus services within close proximity - Woolworths Metro, riverside walkways, and everyday amenities at your doorstep With strong rental demand, excellent yields, and minimal upkeep, this apartment is an ideal investment choice or an affordable first step into the Brisbane inner-city market. Opportunities at this level, in this location, are increasingly rare - making this a smart move for buyers looking to secure long-term value and immediate returns. Financials - Rates: $550 per quarter - Body Corporate Levy: $2,220 per quarter (approx.) - Rental Appraisal: $600 - $650 per week - Short-term Rental: $2,200 - $2,400 per month (approx.) In-Room Auction Location: Ray White West End (5/156 Boundary Street, West End) Thursday 5th February 2026 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

1 bedroom
1 bathroom
51 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of 607/35 Peel Street is $650k.

Median value
$650k
Estimated value range
$185k - $1.19m
Median days on market
21
Estimated value trend
23%
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 607/35 Peel Street

2026
Sold
$491,000
04 Feb 2026 by Ethan Petrie, of Ray White West End

Happy sellers in South Brisbane

88%
88% 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 53 reviews in South Brisbane over the last 12 months.

Local market activity for 1 bedroom apartments in South Brisbane

In the last 12 months, 124 one-bedroom apartments similar to 607/35 Peel Street, have been sold.

This represents a 32% increase in one-bedroom apartments sales when compared to the previous 12 months.

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