Mount Gravatt East at a glance
13,238
People
$1,578,500
Median sale
$680/wk
Median rent
2.24%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Gravatt East › Drury Ln
$1,270,000
Last sold
16 June 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
353 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
$1,270,000
16 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Mount Gravatt East (last 5 years) with land size have a median of $2,383/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Mount Gravatt East at a glance
13,238
People
$1,578,500
Median sale
$680/wk
Median rent
2.24%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Gravatt East
-19.5%
Median sale
Suburb $1,578,500
+0.54 pp
Gross yield
Suburb 2.24%
Suburb median $1,578,500 from 48 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 $680/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
UnknownNearby 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.
Area
Mount Gravatt East at a glance
13,238
People
$1,578,500
Median sale
$680/wk
Median rent
2.24%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place WoolloongabbaOffering the ultimate in low-maintenance living on a 353sqm block, this renovated and elevated home rests high on Drury Lane with a beautiful northern aspect and leafy outlooks.
Timber floors and air-conditioning adorn the upper floor, which welcomes you into a kitchen, living, and dining area, unveiling a sunlit, open design that circulates around a stone top island bench, sleek storage, and Omega appliances.
The floor plan invites you outdoors, with a wraparound deck flowing off the interiors and perfectly positioned to capture winter sunshine, summer shade, and sweeping leafy outlooks all year round. With Bluetooth speakers installed across the deck, you can create the ideal ambience when unwinding, enjoying family time and entertaining. A lower courtyard and patio extend the alfresco space, providing room for kids, firepits, or a garden retreat by adding lawns and landscaping.
Three air-conditioned bedrooms with built-in robes reside on the upper floor alongside a modern bathroom with full-height tiles and a shower-over-bath. Downstairs, a large multi purpose room with private entry can accommodate a rumpus, study, or home business with access to a second stylish bathroom and a storeroom with a laundry..
Storage is found throughout the home, and a tandem carport provides parking.
Additional property highlights:
- Omega electric cooktop, oven and dishwasher
- Air-conditioning and ceiling fans across the upper floor
- Security system and security screens throughout
- Alarm system with motion sensors
- Inbuilt bluetooth speakers on the deck
- 5kw solar system
Boasting an elevated lifestyle only 11km from the CBD, this location offers endless ease. Mt Gravatt Plaza and the cafes, restaurants, shops and gyms along Logan Road are just 750m away, and retail, dining, and cinemas are 3.4km from your door at Westfield Mt Gravatt.
Close to parks, playgrounds, Chester Park Reserve and Mt Gravatt Lookout hiking trails, you can enjoy the beautiful outdoors. Take advantage of nearby bus stops and Pacific Motorway for fast travel, and experience easy morning drop-offs with childcare, Mt Gravatt East State School, Mt Gravatt State High School and St Agnes Primary School less than 1.6km away
Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Michael Garcia, Place Woolloongabba — reproduced as published, not verified by Districts.