Where Should Kelvin Grove Sellers Draw the Line Between House and Apartment Comparables?

Kelvin Grove owners considering selling have a particularly clear set of recent sales showing why detached houses and apartments should not be combined when assessing value.

Recent house transactions include the three-bedroom property at 57 Gebbie Street on approximately 306m², which sold for $1.315 million on 27 August 2026. The four-bedroom home at 33 Dunsmore Street on 303m² sold for $1.53 million on 31 August, while 25 Little Street, a two-bedroom home on 405m², achieved $1.49 million on 1 September.

Apartment prices were substantially lower, but also varied by configuration. The one-bedroom apartment at 4304/57 Musk Avenue sold for $675,000 on 26 August, while another one-bedroom property at 7/51 Gibb Street achieved $670,000 on 21 August. The two-bedroom apartment at 220/23 Robinson Place sold for $770,000 on 2 September.

For sellers, these results demonstrate that bedroom count alone cannot establish value. A two-bedroom detached house with its own land is fundamentally different from a two-bedroom apartment.

House appraisals need to consider site size, dwelling condition, improvements and parking. Apartment appraisals should focus more closely on floor area, building quality, level and car accommodation.

Frequently Asked Questions

What did recent Kelvin Grove one-bedroom apartments sell for?

The cited examples achieved $670,000 and $675,000.

What did recent houses achieve?

The cited house examples ranged from $1.315 million to $1.53 million.

Can a two-bedroom apartment value a two-bedroom house?

No. Property type and land make them fundamentally different assets.

Is bedroom count still relevant?

Yes, but it is only one part of the appraisal.

For tailored advice on selling in Kelvin Grove, contact:

Steven Norton – 0488 496 777
Lawrence Norton – 0415 279 807
nortons.re@gmail.com
www.nortonsrealestate.com

Disclaimer:
This article is general information only and does not constitute legal, financial, taxation, planning, valuation, or property advice. Any commentary about likely buyer behaviour, campaign strategy, pricing, negotiation, or sale outcomes is general in nature and may not apply to your property or circumstances. You should obtain independent professional advice and a tailored appraisal before making any property decision.