Mount Gravatt at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Gravatt › Inge St
$1,132,500
Last sold
18 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,132,500
18 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Mount Gravatt (last 5 years) with land size have a median of $2,062/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Mount Gravatt at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Gravatt
-24.8%
Median sale
Suburb $1,505,000
+0.76 pp
Gross yield
Suburb 2.33%
Suburb median $1,505,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $674/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Mount Gravatt at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coronis Inner SouthPresenting a unique opportunity at 1 Inge Street, Mount Gravatt-this 1965-built property is perfect for renovators or those seeking to build their dream home on a spacious 607 sqm corner block with dual street frontage. The existing home has been divided into two separate flats, each offering comfortable living while awaiting a modern transformation.
Flat 1 features two bedrooms, one bathroom with a shower, bath, and toilet, a combined living and dining area with air conditioning, a functional kitchen, external storage, and a downstairs laundry area.
Flat 2 also includes two bedrooms, one bathroom with a shower, bath, and toilet, a combined living and dining space, a kitchen, external storage, and a downstairs laundry area.
Discover an exceptional investment opportunity, offering impressive rental yield potential offering both flats that can be leased individually for between $400-$500 per week each. Situated in a high-demand area, this residence combines convenience and lifestyle appeal, ensuring a steady flow of prospective tenants, primed for rental success and low vacancy rates. Ideal for investors looking to secure strong returns, this property is a solid addition to any portfolio, positioned for growth and high occupancy.
The property's prime location is just moments from cafes, restaurants, and local schools, with Griffith University, Mount Gravatt TAFE, Westfield Garden City, and Mount Gravatt Homemaker Centre nearby. Outdoor enthusiasts will appreciate the proximity to Toohey Forest Park's walking and cycling trails. With easy access to the Pacific Motorway, Brisbane CBD and the Gold Coast are within reach, and public transport options are plentiful, with the South East Busway and Southeast Freeway Bikeway close by.
This is an incredible opportunity for someone ready to unlock the full potential of this property through renovation or redevelopment.
LOCATION:
-Approx. 7kms to Brisbane CBD
-Approx. 13kms to Brisbane Airport
-Approx. 2km to Griffith University
-Approx. 2km to Mount Gravatt TAFE
-Approx. 1.6km to Cavendish Road State High School
-Approx. 2.5km to Loreto College
-Approx. 2km to Wellers Hill State School
-Approx. 2km to Clairvaux Mackillop College
-Approx. 2.5 to Upper Mt Gravatt Primary School
-Approx. 2.5km to Seton College
-Approx. 2.5km to St Bernards Catholic Primary School
-Approx. 500m to Holland Park State High School
-Approx. 500m to Mount Gravatt State High School
-Approx. 500m to Mount Gravatt State School
-Approx. 300m to Saint Agnes Catholic Primary School
-Approx. 150m to Mount Gravatt Special School
-Approx. 1km to Marshall Rd State School
-Approx. 1km to Seville Road State School
-Approx. 3.5km to Westfield Garden City
-Approx. 3km to Greenslopes Private Hospital
-Approx. 800m to Pacific Motorway
Brisbane City Council Rates Approximate $784.60 per quarter
Whether one envisions breathing new life into its classic design or embarking on a fresh architectural endeavor, this property offers a blank slate for realising one's vision of the perfect home. Don't let this rare gem slip through your fingers. Seize the opportunity to secure your piece of paradise today by contacting Tony King and make 1 Inge Street your new address.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Listing description written by Tony King, Coronis Inner South — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.