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QLD › Mount Gravatt East › Lymm St

4 Lymm St, Mount Gravatt East QLD 4122

For saleHouse for Sale

$3,285,000

For sale

Asking

5

Bedrooms

4

Bathrooms

3

Car spaces

612 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,285,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,285,000(Listing record · 8 Apr 2026)
  • FactLand 612 m²; no building size recorded.(Property record)
  • CalculationAsk is 108% above the Mount Gravatt East median recorded sale ($1,578,500, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Gravatt East's advertised median rent ($680/wk), implied gross yield would be 1.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$3,285,000

Asking · $5,368/m² of land

No recorded sale for this property.

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.

See the full Mount Gravatt East report →

Vs Mount Gravatt East

+108.1%

Median sale

Suburb $1,578,500

-1.16 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.

Total cost to purchase

Purchase Price
$3,285,000
Stamp Duty (Queensland)
$169,413
Transfer/Registration Fee
$14,728
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,472,841

$187,841 on top of the price (5.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mount Gravatt East's advertised median rent — not a rent for this listing.

Net yield
-0.42%
Annual cashflow (pre-tax)
$-184,735
Interest cover (DSCR)
-0.08
Annual rent
$35,360
Operating expenses
$49,275
Loan amount
$2,628,000
Annual interest
$170,820
Gross yield
1.08%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$3,285,000available8 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Gravatt East in one glance

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.

See the full Mount Gravatt East report →

Keep researching

  • Why Mount Gravatt East? Read the area thesis →
  • What else is on the market in Mount Gravatt East →
  • Other records on Lymm St →

Listing material

Listed by Place Woolloongabba

Designer Masterpiece of Light, Luxury and Transcendent Living

A residence that transcends the everyday, this brand-new abode designed by Bold Line Studios and constructed by Elevated Projects presents a lifestyle of beauty and balance. Hidden within a whisper-quiet cul-de-sac behind a 20-metre frontage, the property on 612sqm embraces an enchanting north-east aspect, capturing leafy outlooks and an ever-changing play of natural light.

From the outset, the home evokes a sense of calm and considered luxury, where radiance meets rhythm, and every space has been curated for both quiet retreat and vibrant family living. A warm neutral palette forms the foundation, enriched by subtle curvature and open expanses, creating an environment that feels both grounded and elevated.

Light and breezes filter effortlessly through louvres and sheer curtains, illuminating a material palette of Norcia Travertine tiles, Polytec Boston Oak and Porcelain cabinetry, and Perla Venata stone benchtops. Engineered European oak floors flow underfoot, while soaring ceilings reaching 3 metres enhance the sense of scale. Finishing touches, including brushed nickel tapware by ABI Interiors, add a layer of understated sophistication.

Read the full description

The heart of the home is an expansive indoor-outdoor domain designed for connection and entertaining. Living and dining areas gather around a luxurious Smeg kitchen, anchored by a striking 40mm island and a sculptural microcement feature rangehood. A bespoke bar with a wine fridge and a butler's pantry ensure effortless hosting, while the space extends to an alfresco retreat reminiscent of a private villa, complete with an outdoor kitchen, a covered terrace, a sparkling saltwater pool and level lawns.

Professionally landscaped with a refined, contemporary plant palette, creating low-maintenance and elegant outdoor spaces at both the front and rear of the property.

Accommodation comprises five bedrooms. Three are appointed with their own ensuites, highlighted by the opulent master retreat, where a walk-in robe and a luxurious ensuite unveil a freestanding bath beneath a circular skylight, dual vanities and double showers.

Versatility is woven throughout, with a downstairs office framed by a picture window, while upstairs reveals a secondary living area and an additional study or playroom. Practicality has not been overlooked, with a laundry offering ample storage and direct access to a drying court, alongside a secure three-car garage with epoxy flooring.

Additional property highlights:

- Smeg induction cooktop, rangehood, integrated dishwasher and ovens x2

- Fisher & Paykel integrated fridge, Vintec wine fridge, Beefeater built-in BBQ

- Elvex intercom system with two control panels, My Air ducted air-conditioning with 9 zones

- Hunter Pro-C automatic irrigation system which irrigates both the lawn and gardens of the home, heat pump electric hot water system

- Wired 3 Phase power with provision for an EV charger and solar.

Enjoying a quiet cul-de-sac setting, the shopping and dining along Logan Road is 1.1km away, and you can walk to bus stops and reserves. Westfield Mt Gravatt is 6 minutes away, the CBD is 15 minutes from your door, and families are moments from Mt Gravatt Primary and High School, private colleges and Griffith University.

Disclaimer:

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Michael Garcia, Place Woolloongabba — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 3
  • Floorboards
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.