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QLD › Spring Mountain › Grafton St

21 Grafton St, Spring Mountain QLD 4300

House

$1,400,000

Last sold

8 Aug 2025

6

Bedrooms

3

Bathrooms

2

Car spaces

492 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 $1,400,000 (8 Aug 2025).(Recorded sale)
  • FactLand 492 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Spring Mountain (last 5 years) with land size: median $2,701/m² of land (n=178). 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

$1,400,000

8 Aug 2025 · derived via latest_sale

Local land rate: recorded House sales in Spring Mountain (last 5 years) with land size have a median of $2,701/m² of land (n=178). Districts calculation from recorded sales — not a valuation.

Spring Mountain at a glance

10,004

People

$1,050,000

Median sale

$676/wk

Median rent

3.35%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Spring Mountain report →

Vs Spring Mountain

+33.3%

Median sale

Suburb $1,050,000

-0.84 pp

Gross yield

Suburb 3.35%

Suburb median $1,050,000 from 119 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$1,400,0008 Aug 2025
  2. Listedprice unknowncompleted16 Apr 2025
  3. Listedprice unknowncompleted16 Apr 2025

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 $676/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

Spring Mountain in one glance

Spring Mountain at a glance

10,004

People

$1,050,000

Median sale

$676/wk

Median rent

3.35%

Suburb gross yield

Median sale from 119 recorded sales (last 12 months) — a Districts calculation.

See the full Spring Mountain report →

Keep researching

  • Why Spring Mountain? Read the area thesis →
  • What else is on the market in Spring Mountain →
  • Other records on Grafton St →

Listing material

Listed by Purple Cow Real Estate

$200k+ Luxury Upgrades with approx. $84,000 returns per year

Buying a display home, you know you're buying with premium materials, high attention to detail which are sure to impress. Stunning kitchens with upgrades galore to resort style bathrooms with high-end finishes will have you saying 'wow' in every room.

If you're a smart investor and looking for a reliable income stream while the property continues to be showcased and maintained to the highest standards providing a 6% leaseback opportunity with no agency management fees until March 2027 – but wait… it gets even better, there's 2x1 year options for the builder to extend so you could have up to nearly four years leaseback. When the leaseback is finished – either move into the luxury display home or rent out the home – current market rent is approx. $1,300 per week and current rents increasing at approx. 8% per year, this could be much higher once the lease back has finished.

Not only is this display home located in one of the most in-demand developments in Australia it's also the best block in the display village – directly overlooking the parklands and bush.

Read the full description

This multi-generational style home features:

Downstairs – self-contained two bedroom living zone with kitchenette, bathroom and living area, creating the perfect space for aged-parents or older kids that still want to be close to the family but also need their own comfort and privacy. There's also a study that could be used as wfh space or even home business.

Upstairs – as you walk up the stunning glass balustrade staircase into the open plan kitchen dining and living that has views not only the parklands but also the rear yard – you'll first hand experience the lavish detail this home offers with literally everything upgraded. There's a separate kids zone with three bedrooms, activity space and bathroom away from the master bedroom and main living area. The resort style master bedroom with large walk in robe and make-up station, luxury ensuite and private balcony over-looking the parklands – perfect place to enjoy your morning coffee.

Other amazing features of this home you'll love:

o – 6 bed multi-generational design

o – Three living spaces

o – Luxury upgrades throughout – too many to mention

o – Ducted air con

o – Side access on corner block for easy install of future pool

o – Large 492sqm land feels much larger with a two-storey home

o – Approx. 280sqm house size

o – 6% leaseback until March 2027 with 2x1 options for builder to extend

o – High yielding investment with strong potential growth in popular development

o – Plus much much more…

Be quick – investment opportunities like this are very rare – for a private inspection, please contact Andy Nutton.

Disclaimer:

*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Listing description written by Andy Nutton, Purple Cow Real Estate — reproduced as published, not verified by Districts.

Districts

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.