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 › Rothwell St
$1,520,000
Last sold
18 June 2025
4
Bedrooms
3
Bathrooms
3
Car spaces
617 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
$1,520,000
18 June 2025 · derived via latest_sale
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
-3.7%
Median sale
Suburb $1,578,500
+0.09 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 Prowealth PaddingtonThis fully tenanted and renovated block of 3 units on a 617sqm block is offered for sale to the astute investor looking for strong rental return and growth potential.
Note - Video Inspection available, please submit an enquiry to be sent the link.
You must register to attend an open house.
Built in 1960 with a total annual gross rental income of $75,400 with potential to reach $80,600 in July 2025 and no body corporate you will be fully in control of your investment, and with the recent renovations your outgoings will be minimal.
All units feature the following - Built-in wardrobes to all bedrooms- kitchen with stone benchtops - modern appliances- renovated bathrooms - polished hardwood timber floors - Split-system air-conditioning - Individual lock up garage and storage area.
Unit 1 - $500pw
1 bed, 1 bath, 1 car
Lease - 14 Mar 2025 to 13 Mar 2026
Unit 2 – Current Lease $400pw. Increase pending to $500
1 bed, 1 bath, 1 car
Lease - 25 Jan 2025 to 24 July 2025
Unit 3 - $550pw
2 bed, 1 bath, 1 car
Lease - 24 July 2025 to 23 July 2026
Current Yield / Prospective Yield
$1,450 - $1,550 per week / $75,400 - $80,600 per year
• Separate water and electricity meters
• Single Title
• BCC Rates approx $1,406 per quarter
• Water approx $952 per quarter of which $150-$200 recoverable from tenants.
• No Body Corporate Fees
Located in a premium pocket of Mount Gravatt East the units are walking distance to public transport and close to cafes, shops, eateries, kindergarten/childcare services and schools, as well as easy access to walking/cycling trails and major arterials. An 8-minute drive to Westfield Garden City and a 10-minute drive to Griffith University Mount Gravatt campus.
For Sale by Expressions of Interest to be submitted by Sun 15th June 2025 unless sold prior.
- Provide your details for access to the private video inspection link,
- Request an Information Package which has all property information,
- Submit the EOI form
- Contracts will be issued via DocuSign to all parties who have submitted an EOI.
- Contracts to be signed (with provision for you to revise any initial offer or terms as final offer) by Tuesday 17th June.
- Seller decision and execution by Tuesday 17th June unless sold prior.
Maximum Acceptable Terms
• 7 Business days Building and Pest
• 10 Business days Finance.
• 30 Day Settlement
You should conduct your own due diligence before the offer.
Recent Sales
752 Ipswich Road, Annerley, Qld 4103
$1,917,000
Sold on 31 Mar 2025
809m2
Unit Details (Separately titled)
- 1 x 4-bed / 1-bath / 2-car
- 3 x 2-bed / 1-bath / 1-car
- 1 x 1-bed / 1-bath / 1-car
Gross rental return is $1,775 per week / $92,300 per year
4.81% Return
Brick and tile walk up.
25 Garden Street, Greenslopes, Qld 4120
$1,160,000
Sold on 06 Feb 2025
511m2
Two 2-bedroom units, each with a bathroom and a double garage
Gross rental return is $820 per week / $42,640 per year
3.67% Return
Brick and tin walk up.
54 Gordon Parade, Mount Gravatt East, Qld 4122
$2,000,000
Sold on 18 Oct 2024
1100sqm
1 x 3 bed | 1 bath
2 x 2 bed | 1 bath
Gross rental return is $1200 per week / $62,400 per year
3.12% Return
Fibro/tin/asbestos walk up.
49 Ekibin Road, Annerley, Qld 4103
Sold on 25 Sep 2024
$1,800,000
675sqm
1 x 2 Bed, 1 Bath, 1 Car
3 x 1 Bed, 1 Bath, 1 Car
Gross rental return is $1390 per week / $72,280 per year
4.01% return
Brick and tile walk up.
Listing description written by Daniel Goodwin, Prowealth Paddington — reproduced as published, not verified by Districts.