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 › Gowrie St
$2,600,000
Last sold
3 May 2022
12
Bedrooms
6
Bathrooms
6
Car spaces
799 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
$2,600,000
3 May 2022 · derived via latest_sale
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
+72.8%
Median sale
Suburb $1,505,000
-0.98 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
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 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 Place WoolloongabbaAuction Location: In-rooms 10 James Street, Fortitude Valley
(Also known as 44 Gosford Street, Mount Gravatt QLD 4122)
Positioned on a prime 799sqm corner block with elevated hilltop views, this two-storey complex of six units presents a remarkable investment opportunity.
Built in the 1970s and boasting solid brick construction, the complex is on one title with one owner, low rates and no body corporate. Walking distance from shopping centres, transport, cafes and gyms, investors can capitalise on the ultra-convenient location.
A high income-producing property with six long-term tenants in place, this building is ideal for buyers seeking a low maintenance asset with solid returns.
Zoned Low-Medium Density Residential (2 or 3 storey mix), there is also potential to redevelop this site (subject to council approval).
Comprising 6x two-bedroom units, each residence includes:
- Open plan and light-filled kitchen, living and dining area
- East-facing balcony with tree-lined outlooks
- Additional hilltop vistas captured from the rear
- Two well-sized bedrooms serviced by a tidy bathroom
- Single oversized lock-up garage with private side access
- Sturdy construction with a brick façade and solid concrete walls
- Undercover staircase and entry to the unit
- Five of the units feature fully tiled living spaces and updated carpet/floating floors.
Located in a spectacular setting, residents are within walking distance of endless amenities. The Mt Gravatt high street is 250m away, featuring a great selection of cafes, restaurants, gym, medical centre and transport. Providing additional shopping and dining, you are 500m from Central Fair and Mt Gravatt Plaza, and Westfield Garden City is 2.8km away.
Positioned in a popular precinct just 5 minutes from Mt Gravatt Lookout and 1km from Mt Gravatt Showgrounds and Sunday Markets. Walking distance to Mt Gravatt Primary and High School, close to private colleges and 3km to Griffith University. Moments from the Pacific Motorway, Gateway Motorway and 10km to the CBD – this excellent investment is not to be missed.
*A full Memorandum of Information is available on request.
Disclaimer
This property is being sold by auction or 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.
Listing description written by Savva Koulouris, Place Woolloongabba — reproduced as published, not verified by Districts.