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QLD › Grange › Gracemere St

122 Gracemere St, Grange QLD 4051

House

$2,030,000

Last sold

13 Aug 2022

3

Bedrooms

2

Bathrooms

2

Car spaces

683 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,030,000 (13 Aug 2022).(Recorded sale)
  • FactLand 683 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Grange (last 5 years) with land size: median $3,315/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,030,000

13 Aug 2022 · derived via latest_sale

Local land rate: recorded House sales in Grange (last 5 years) with land size have a median of $3,315/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

Grange at a glance

4,934

People

$1,800,000

Median sale

$704/wk

Median rent

2.03%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Grange report →

Vs Grange

+12.8%

Median sale

Suburb $1,800,000

-0.23 pp

Gross yield

Suburb 2.03%

Suburb median $1,800,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$2,030,00013 Aug 2022
  2. Listedprice unknowncompleted21 July 2022
  3. Listedprice unknowncompleted21 July 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $704/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Grange in one glance

Grange at a glance

4,934

People

$1,800,000

Median sale

$704/wk

Median rent

2.03%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Grange report →

Keep researching

  • Why Grange? Read the area thesis →
  • What else is on the market in Grange →
  • Other records on Gracemere St →

Listing material

Listed by SPACE Property - Ashgrove

Immaculately Presented Grange Queenslander!

Auction Location: Onsite

* Idyllic elevated position

* Sweeping suburban & city views

Read the full description

* Character favourites throughout

* Manicured gardens and sparkling pool

* Within Wilston SS catchment

Striking the delicate balance between contemporary style and traditional charm, this Grange Queenslander offers growing families the perfect opportunity to secure their next home. Positioned desirably on an elevated block within leafy surrounds, the lifestyle on offer is second to none - it's a case of simply move in and enjoy!

Opening into a dynamic floor plan, the main level of the property offers several formal and informal living, dining and entertaining options for harmonious family living. These spaces are accentuated by polished timber flooring and a host of character favourites including plaster ceilings and leadlight feature French doors. Standing as the heart of the home, the kitchen has been thoughtfully designed to create a functional space that features plenty of storage, Miele appliances, gas cooktop, & large island bench.

From the kitchen and living room, bi-fold doors open onto the main entertaining patio, creating an integrated indoor/outdoor space to be enjoyed year-round. Large, landscaped and fully fenced, the private yard has been made as the perfect space for children and four-legged friends to enjoy the beautiful Queensland climate, with sparkling pool and cubby house. For quieter moments, the home also enjoys two additional decks with sweeping city and suburban views.

Accommodation is comprised of 3 generous bedrooms, all with built in wardrobes. There is also a generous room on the lower level that is perfect for guest accommodation or a home office, which is currently used as a 4th bedroom. Spacious & tranquil, the master bedroom includes a large ensuite bathroom with shower, toilet and double vanity. The remaining bedrooms are serviced by the family bathroom with shower over bath, vanity and separate toilet.

Designed with comfort & modern convenience in mind, this property is packed with additional features such as air conditioning in the living areas, a double lock up garage with internal access and plenty of storage throughout.

The location of this property lends itself to the idyllic combination of tranquillity and modern convenience. Placing you in the hub of activity, the property is a short stroll to a number of local cafes and parklands, Wilston Grange Football club and Soccer clubs, Kedron Brook Bikeway, and provides easy access to the airport and CBD. Perfect for growing families, the home is situated within the Wilston State School catchment and nearby to St Columba's, St Anthony's, Padua College and Mt Alvernia College.

For a home that is effortlessly functional & built with evident quality throughout, few can compare. Call to organise your inspection time today!

Listing description written by Debora Sutton, SPACE Property - Ashgrove — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.