Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
QLD › Graceville › Mortlake Rd
$1,450,000
Last sold
17 Feb 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
607 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
$1,450,000
17 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Graceville (last 5 years) with land size have a median of $2,619/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Graceville
-11.0%
Median sale
Suburb $1,630,000
+0.30 pp
Gross yield
Suburb 2.43%
Suburb median $1,630,000 from 29 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 $762/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
Graceville at a glance
4,993
People
$1,630,000
Median sale
$762/wk
Median rent
2.43%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property PartnersLocated on a flood free, north facing 607sqm allotment in high side Graceville, this character filled Spanish Mission style home is move in ready, or ripe for further extension and renovation (STCA). It provides endless opportunities for those wanting to be close to all that Graceville offers - do not miss out on the opportunity to make this beautiful property your home.
Constructed in 1939 and having been tightly held by the current family for the past 77 years, the home has served its purpose, and our owner is now ready to pass it on to the next family to enjoy for years to come.
Offering easy living on one level, the home is filled with beautiful character Art Deco period details, including classic casement windows, cement rendered interior walls, decorative 'lath and plaster type' ceilings and polished hardwood floors.
The recently updated eat-in kitchen features Bosch stainless steel appliances, stone benchtops and plenty of cupboard & bench space. Leading out from the kitchen is a large, screened patio area which overlooks the rear yard. Three spacious bedrooms are all serviced by a centrally located main bathroom. A light filled living room, office, sunroom, and laundry complete the internal layout of the home.
A bonus air-conditioned attic space provides a multitude of options for the new owner to utilise.
Property highlights include:
- Single-level solid double brick home resting on an idyllic 607sqm north/south block
- High side flood free position within walking to all amenities
- Opportunity to live in, rent out, renovate this charming home
- Lovely cottage style gardens surround the front and rear of the home
- Lock-up garage, workshop and a water tank
A leisurely stroll from Honour Avenue's popular cafes, restaurants and cinema, this sensational property is also close to the Graceville train station and Graceville Memorial Park's sporting grounds.
Situated within the Graceville State School and Indooroopilly State High School catchment areas, this impeccable property is also a short distance from Saint Aidan's Anglican Girls' School, St Peters Lutheran College, Brisbane Boys College & Ambrose Treacy College.
Do not miss this exciting opportunity - call Kris Matthews today to arrange an inspection.
Council Rates: $820.32 per quarter excl. water/sewer.
Rental Appraisal: $750 to $800 per week.
Disclaimer:
This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Kris Matthews, Harcourts Property Partners — reproduced as published, not verified by Districts.