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 › Gaynesford St
$885,000
Last sold
4 May 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
736 m²
Land
Districts View
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
$885,000
4 May 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
-41.2%
Median sale
Suburb $1,505,000
+1.63 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 scheme
Brisbane City Plan 2014
Zone
Low-medium density residential (2 or 3 storey mix)
LMR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 718 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 718 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 718 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 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 Property IncAUCTION SATURDAY 4th MAY ONSITE 11am. IF NOT SOLD PRIOR
Introducing a once-in-a-lifetime opportunity to secure your piece of history in the vibrant heart of Mount Gravatt! Proudly presented to the market for the first time in over 50 years, 21 Gaynesford Street beckons with a wealth of potential and possibilities.
Spanning an impressive 736 square meters of prime land, this property boasts a coveted 15-metre frontage, offering discerning buyers a rare chance to explore subdivision and development opportunities (subject to council approval). Whether you envision renovating the existing residence to its former architectural glory or embarking on a contemporary new build, the canvas is yours to shape.
Step inside to discover a timeless architectural gem, waiting to be revived. A spacious and light-filled floorplan awaits, featuring a radiant lounge adorned with polished hardwood timber floors, complemented by a large meals zone, seamlessly integrated with a generous kitchen.
With three bedrooms adorned with natural light, a well-appointed family bathroom, and hardwood timber floors enhancing the charm, comfort, and character of the home, every detail invites you to envision the possibilities.
Outside, a verdant vista unfolds, offering a serene backdrop for outdoor living and entertaining. Enjoy the green outlook from the front verandah or explore the potential for landscaping and garden enhancements to create your own private sanctuary.
Convenience is at your doorstep with Mount Gravatt's lifestyle amenities just moments away. From renowned schools and local cafes to Griffith University campus and nature reserves, everything you need is within easy reach. Plus, with Garden City Shopping Centre, Mount Gravatt Plaza and Market Square a short drive away, urban convenience meets suburban tranquility seamlessly.
Don't miss your chance to secure this rare offering in one of Mount Gravatt's most sought-after locales. Embrace the opportunity to create your dream home or capitalise on the development potential - the choice is yours. Enquire now and unlock the possibilities of 21 Gaynesford Street!
*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.
Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. In addition to this, one of the partners of Property Inc. is registered on the title of the property.
Listing description written by Michael Kazoullis, Property Inc — reproduced as published, not verified by Districts.
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