Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
QLD › Newmarket › Gracemere St
$2,300,000
Last sold
27 Feb 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
856 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
$2,300,000
27 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Newmarket (last 5 years) with land size have a median of $3,029/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Newmarket
+25.7%
Median sale
Suburb $1,830,000
-0.39 pp
Gross yield
Suburb 1.89%
Suburb median $1,830,000 from 27 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 $664/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
Newmarket at a glance
5,498
People
$1,830,000
Median sale
$664/wk
Median rent
1.89%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White WilstonOccupying an expansive block on a quiet street just moments from all the action, this graceful family Queenslander presents abundant space, character and modern amenities in a vibrant inner-city locale.
Set high on a 856 sqm allotment this meticulously renovated residence has been extensively reworked to deliver two levels of premium family living and entertaining.
Highlights include:
- Sprawling 856 sqm block on quiet street 5 km from the CBD
- Multiple living areas over two levels
- Outdoor entertaining front and back, plus resort-style pool
- Four bedrooms plus study
- Fully air-conditioned with both ducted and split systems
- Oversized three-car garage, plus space for potential cellar
- Walk to Newmarket train station, 2 minutes to Newmarket Village
Entering via the groomed garden and lush front lawn surrounded by established hedging, an elegant double-entry staircase introduces you to the wraparound front verandah, moored by a gorgeous rotunda, perfectly positioned to take advantage of the north-easterly aspect and city glimpses.
Flowing from this elevated breezy space, the light-filled open plan dining and lounge rooms are accentuated by polished timber floors and ornate plaster cornices. Connecting to this primary living area, the modern Hamptons-style kitchen features a walk-in pantry, stone benchtops, a marble island bench, farmhouse porcelain sink, and quality appliances including an induction stove and semi-integrated dishwasher.
From here, step down to a casual living space opening onto the impressive al fresco entertaining patio. An expansive covered area, large enough for both dining and lounging, this space includes an outdoor fireplace and overlooks the large, resort-style swimming pool and sundeck, flanked by a stone feature wall and tropical gardens.
Three bedrooms upstairs, all with ample built-in wardrobes, are separated from the primary living areas by a hallway, and are close to a large family bathroom with double marble vanity, freestanding bathtub plus shower and separate WC.
Downstairs, an additional living room provides an ideal teenage retreat, rumpus or recreation room, and connects to a spacious study, ideally configured for multiple students or those with work-from-home arrangements. This level also houses a fourth bedroom, a large laundry, full modern bathroom and secure storeroom perfect as a wine cellar.
This substantial property also includes an oversized three-car garage with an additional lock-up storage room for bikes, along with ample additional parking and recreation space provided by the wide, gated driveway. The property is a short walk to Newmarket train station, the Olympic pool and dog park. It is also two minute drive to Newmarket Village retail and pub, and close to Windsor Homezone, Wilston Village and excellent local schools. This highly sought-after lifestyle location delivers all the convenience and attractions that families seek in this inner-city area.
Situated on a substantial land holding, and providing gracious and light filled space with contemporary features, this beautiful home is ready to see your family through every phase of life in a much-loved neighbourhood.
Listing description written by Alistair Macmillan, Ray White Wilston — reproduced as published, not verified by Districts.
Also look at