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 › Gordon Pde
For sale
For sale
3
Bedrooms
2
Bathrooms
3
Car spaces
607 m²
Land
Districts View
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
Asking
No recorded sale price for this property yet.
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.
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 Karalis Real EstateUnique value add opportunity with space for a townhouse, unit or small lot STCA. This rare, dual-income Queenslander boasts a generous 607m² block in one of Brisbane's most sought-after inner-south suburbs. With two fully self-contained units, this property is perfect for investors and owner occupiers alike.
For investors looking to maximise yield, take advantage of the dual rental income from a single freehold title. For owner occupiers, a mortgage-offsetting income stream right next door is perfect for alleviating the pressure of mortgage repayments.
Being in a Low-Medium Density Residential zone, townhouse, unit or small lot (STCA) developments provide the perfect opportunity to add value, maximise income and take advantage of negative gearing tax changes.
UNIT 1 (LEFT) — 1 BED | 1 BATH | Currently tenanted at $400/week
Bright and self-contained with its own separate entrance, open-plan living and kitchen, and a relaxed, liveable feel throughout.
UNIT 2 (RIGHT) — 2 BED | 1 BATH | Ready to occupy or rent $600/week
Spacious and full of character — ornate decorative cornices, rich hardwood floors, generous lounge, full kitchen, air conditioning, and a private deck.
Shared between both residences: a covered carport, a dedicated laundry, and substantial under-house storage. Out back, a large flat yard offers room to breathe, entertain, or explore further improvements STCA.
Throughout the home, the bones are exceptional — soaring ceilings, elegant ornate cornices, and warm hardwood timber floors that no new build can replicate.
PROPERTY HIGHLIGHTS:
• Two fully self-contained units on one freehold title
• Unit 1 currently tenanted at $400/week — immediate income from day one
• Unit 2 vacant and ready to occupy or rent at $600pw
• Classic Queenslander character with ornate decorative cornices
• Rich hardwood timber floors throughout
• Air conditioning in both units
• Large backyard on a 607m² block
• Covered carport + additional car spaces
• Substantial under-house storage
• Multiple deck and entertaining areas
• Value-add potential STCA
THE LOCATION — EVERYTHING AT YOUR DOOR
Mt Gravatt East is one of Brisbane's best-kept secrets — a leafy, well-connected inner-south suburb just 9km from the CBD that punches well above its weight for convenience and lifestyle.
LOCAL SCHOOL CATCHMENTS: In the school catchments for Mount Gravatt State School and Mount Gravatt State High School
BUS AT THE DOOR: Multiple TransLink routes (171, 175, 182 & more) stop a 2-minute walk on Logan Road, with express services running directly to the CBD, Fortitude Valley, and Westfield Garden City and Carindale Shopping Centres.
WESTFIELD GARDEN CITY: Just minutes away — over 400 stores including David Jones, Myer, Coles, Woolworths, Aldi, Kmart, and Event Cinemas. One of Brisbane's premier retail and dining destinations.
PARKS & GREEN SPACE: Grevillea Park, Toohey Forest Park, Mt Gravatt Outlook Reserve and multiple off-leash dog areas all within easy reach. This is a suburb made for the outdoors.
GRIFFITH UNIVERSITY: The Nathan campus is minutes away, generating strong and consistent student rental demand — one of SEQ's most reliable tenant pools.
QEII HOSPITAL & MT GRAVATT TAFE: Major healthcare and education facilities close by, attracting a steady base of professional and student tenants.
CAFES, SHOPS & DINING: The Logan Rd cafe strip, Mt Gravatt Plaza, local independents, and the Mt Gravatt Showgrounds are all just around the corner. A suburb with genuine neighbourhood character.
AQUATIC CENTRE & LIBRARY: Mt Gravatt Aquatic Centre and the local public library are community staples loved by families and residents alike.
FREEWAY ACCESS: Positioned among four major arterials with quick on-ramp access to the Brisbane CBD, Gold Coast, and Brisbane Airport. Commuting is effortless.
This is the kind of address that attracts quality tenants and holds value through every market cycle. Whether you're buying your first investment property, adding to a portfolio, or looking to live in one and rent the other — this is a rare opportunity not to be missed.
Contact the agents to arrange an inspection today.
Angelo Karalis — 0421 242 645
John Karalis — 0421 242 587
Disclaimer
Karalis Real Estate has prepared this information in good faith and with due care, however no warranty is given as to the accuracy of the information provided. Prospective purchasers should make their own enquiries to verify the information contained herein. Images and floor plans are for illustrative purposes only and may not accurately represent the property as it currently stands. Karalis Real Estate and its officers, employees and agents accept no responsibility for any loss suffered by any person as a result of reliance upon the information contained in this advertisement.
Listing description written by Angelo Karalis, Karalis Real Estate — reproduced as published, not verified by Districts.
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