602/18 Merivale Street, South Brisbane QLD 4101
1 beds
1 baths
1 cars
Spachus Insights
View South Brisbane market
Price position
Below suburb median
21.7% below the current suburb median listing price.
Buyer negotiation signal
Competitive conditions
The suburb median sold price is $14,000 above the median listing price.
Selling pace
Slower than typical
21 days typical · Property listed 126 days (500% longer).
Property details
City-Fringe Living with Exceptional Lifestyle Appeal
Positioned in the heart of South Brisbane''s vibrant cultural precinct, this spacious one-bedroom apartment at 18 Merivale Street offers an outstanding opportunity for owner-occupiers and investors alike. Currently operating as a successful short-term rental, the property combines generous proportions, modern finishes and an unbeatable location just moments from Brisbane''s CBD, South Bank and West End.
1Bedrooms
1Bathrooms
1Car spaces
ApartmentProperty type
South Brisbane market
Full suburb reportMedian listing$765,000
Median sold$779,000
Typical selling time21 days
Tracked sold properties41
Spachus Property Estimate
$720,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$121,000
16.8% below the Spachus estimate
Property Overview
602/18 Merivale Street, South Brisbane QLD 4101 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $599,000. It has been on the market for 126 days. In South Brisbane, the median listing price is $765,000 and the median sold price is $779,000. Its current asking price is $166,000 (21.7%) below the South Brisbane median listing price. Properties in South Brisbane typically sell in around 21 days based on Spachus tracked sales data. It has currently been on the market 105 days longer than the South Brisbane typical selling time.
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