Upper Mount Gravatt at a glance
12,074
People
$1,400,000
Median sale
$713/wk
Median rent
2.65%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Upper Mount Gravatt › Mascar St
9
Bedrooms
4
Bathrooms
4
Car spaces
1,249 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Upper Mount Gravatt (last 5 years) with land size have a median of $2,196/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Upper Mount Gravatt at a glance
12,074
People
$1,400,000
Median sale
$713/wk
Median rent
2.65%
Suburb gross yield
Median sale from 17 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 $713/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
Upper Mount Gravatt at a glance
12,074
People
$1,400,000
Median sale
$713/wk
Median rent
2.65%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GravattMAKE NO MISTAKE AFTER A HUGE CHANGE IN CIRCUMSTANCES THE CURRENT VENDORS HAVE MADE THE DIFFICULT DECISION TO SELL! THIS RARE SITE MUST BE SOLD. ACT FAST THIS IS AN OUTSTANDING OPPORTUNITY TO SECURE A HIGH YIELDING ASSET WITH GUARANTEED CAPITAL GROWTH THANKS TO THE MDR ZONING. JUST 5 MINUTE WALKING DISTANCE FROM WESTFIELD GARDEN CITY!
Auction via In-Room and Online: 07/12/2024 from 10:30am, if not sold prior
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 10:00am
(Phone & Online Registrations must be complete by 5:00pm the day before the Auction)
With the Brisbane Olympics around the corner this prime development site, only 2 km to the Nissan Arena, 200m from the new Tyron Plaza & 400m away from Garden City this will not last. Set across 2 titles on a 1249m2 block in a medium density street of Upper Mount Gravatt, this property would suit all buyers including astute investors looking to begin or extend their portfolio. Situated within 400m to Garden City, this immaculate block with 2 tidy rentalable homes is now ready for a new owner to reap the rewards that is assured with this highly sought-after position. Current combined rental is currently $1280/week.
MAKE NO MISTAKE, THE CHANCE TO BUY A LEVEL 1249M2 BLOCK WITH MEDIUM DENSITY ZONING DOES NOT COME AROUND EVERY DAY - 400M TOO GARDEN CITY - 200M TOO THE NEW TRYON PLAZA -THIS PROPERTY MUST BE SOLD - ACT FAST.
House 1 - 46 Mascar Street:
Occupying a 642m2 block, this neat and tidy 4 bed 2 bath 2 car dual living home is currently rented at $630/week. The interior boasts a light filled, open plan living space. The spacious lounge/dining is serviced by a well presented recently updated large kitchen. The 4 upstairs bedrooms feature built-in robes and are serviced by the centrally located bathroom. Downstairs offers multiple "multi purpose" rooms along with a separate downstairs kitchen. The property also offers a HUGE sparkling inground pool perfect for the hot QLD summers and perfect to maximise rental return.
House 2 - 48 Mascar Street:
Occupying a 607m2 block, this well presented 5 bed 2 bath 2 car tri level home is currently rented at $650/week. The interior boasts a light filled, open plan living space. The spacious lounge/dining is serviced by a well presented large kitchen. The 4 upstairs bedrooms feature built-in robes and are serviced by the centrally located bathroom. Downstairs offers the largest bedroom which has direct access to the back yard. The property also offers a sparkling inground pool perfect for the hot QLD summers and perfect to maximise rental return.
These sites are sought after so act now to secure this ideal investment opportunity.
Summary of Features:
• Medium density zoning (up to 5 stories)
• 1249m2 block on a quiet street
• Two tidy rentable homes with great rental incomes & long leases
• 760m to Upper Mount Gravatt State School catchment
• 1.4km to MacGregor State High School Catchment
• 400m to Westfield Garden City
• 200m to Tryon Plaza
• 2km to The Nissan Arena
• 13 km to Brisbane City
• 100m to public transport
MORE INFORMATION AVAILABLE - PLEASE CONTACT SAM IF YOU WOULD LIKE THIS SENT TO YOU
* subject to reserve price
PARKING FOR OUR IN-ROOM AUCTIONS:
• Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road
• Central Fair Shopping Centre (entrance via Creek Road, after the bus stop)
• Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc
For all your home loan needs please get in touch with Christine at Loan Market!
p: 0401 175 490
e: christine.junidar@loanmarket.com.au
w: http://www.loanmarket.com.au/christine-junidar
This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Listing description written by Sam Palmer, Ray White Mt Gravatt — reproduced as published, not verified by Districts.