Listing Of The Week: Fully Renovated Luxury Home – 38 Oliver Street, Kedron

Fully Renovated Luxury Home – 38 Oliver Street, Kedron

This (almost) brand new, luxury home is unrecognizable from the triple gabled Queenslander which used to stand in its place. Located at 38 Oliver Street, Kedron, it is surrounded by other renovated masterpieces, the home has been completely raised, renovated, and decked out with the best finishes and materials.

Fall in love with the spacious proportions of the open plan living, dining and entertaining areas. Modern, low maintenance and an abundance of storage are just some of the many words that can be used to describe the elegant kitchen which blends effortlessly with the outdoor alfresco- perfect for impressive entertaining.

Fall in love all over again upstairs with the beautiful ornate ceiling designs and stained-glass windows from the old residence that tastefully combine with the modern tones and fresh additions. The master bedroom has a giant walk in wardrobe with dressing table and an ensuite while two of the other bedrooms have their own walk-in wardrobe and the last has a built-in wardrobe. Perfect for teenagers and growing families who need that space to grow with plenty of rooms to relax in.

More to love:

– Hardwood floors upstairs, stylish polished concrete downstairs (easy to clean and easy to care for)

– Original coloured glass casement windows

– New double hung windows

– Original French doors

– Large bedrooms with plenty of wardrobes

– Multiple spacious living areas

– Large eat in kitchen

– Laundry room downstairs

– Oversized double lock up garage

Location:

– The pocket is known for having some of the best streets in Kedron with plenty of Queenslander homes and new builds surrounding

– A short drive to some of Brisbane’s best schools including Clayfield College, St Margaret’s, and walking distance to Padua Boys College, Mt Alvernia Girls College and St Anthony’s Primary School. Kedron State Primary School and Kedron State High School are also within a short drive

– Kedron information:

The size of Kedron is approximately 3.5 square kilometres. It has 7 parks covering nearly 6.1% of total area. Kedron is centred on Gympie Road and Kedron Brook. It is close to Westfield Chermside shopping centre in the neighbouring suburb of Chermside. Kedron is an inner-northern suburb that neighbours Stafford, Chermside, Wavell Heights, Wooloowin, Lutwyche, and Nundah. Despite the similarity in names, the Brisbane suburbs of Kedron and Upper Kedron are 15.3 kilometres apart.

History

Real estate map of Kedron View Estate, circa 1914

Missionaries originally settled in the Nundah area in 1838. These missionaries were granted 500 acres (2.0 km2) alongside the watercourse they named Kedron Brook, after a famous valley near Jerusalem. The suburb takes its name from the brook.

The first land sales commenced in 1857. Alexander and Amelia Barron settled in the area in 1856. James and Claude Barron worked as a blacksmiths on the corner of Gympie and Stafford Roads.

Alfred Lutwyche, Queensland’s first judge, purchased 50 acres (20 ha) in 1862. He named his residence Kedron Lodge. This heritage-listed residence is located on the border between Kedron and Wooloowin and is now considered part of the affluent Kalinga district of Wooloowin.

Suburb Profile

The predominant age group in Kedron is 20-29 years. Households in Kedron are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Kedron work in a professional occupation. In 2011, 56.4% of the homes in Kedron were owner-occupied compared with 53.5% in 2016. Currently the median sales price of houses in the area is $792,500. Kedron has 34 properties available for rent and 69 properties for sale. If you are looking for an investment property, consider houses in Kedron rent out for $500 PW with an annual rental yield of 3.3% and units rent for $365 PW with a rental yield of 5.2%. Based on five years of sales, Kedron has seen a compound growth rate of 5.8% for houses and -4.5% for units.

Interested to know more?

Call Jordan Cleland today for a private inspection.