Mount Gravatt at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
QLD › Mount Gravatt › Tenby St
3
Bedrooms
1
Bathrooms
1
Car spaces
405 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 Mount Gravatt (last 5 years) with land size have a median of $2,048/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Mount Gravatt at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 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 $674/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 at a glance
4,300
People
$1,505,000
Median sale
$674/wk
Median rent
2.33%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GravattFor a first-time buyer wanting to secure a solid house with strong growth potential or for the seasoned investor seeking a ready rental in a top performing suburb, this quality character home is a winner on all fronts!
Auction via In-Room and Online: 17/07/2024 from 6:00pm, if not sold prior
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)
Located at the back of Mount Gravatt central, one street from Logan Road café and retail precinct sits this neatly presented three-bedroom cottage which is oozing original charm and enjoys an elevated position on a 405sqm fenced block.
8km from the city, the location lends itself perfectly to all ages and offers walkability to key amenities such as major shopping centres, restaurants and library, plus city express bus services all within a few minutes from the door. Coupled with quality schools in the area, a short distance to Pacific motorway and heaps of recreational facilities nearby it ticks all the boxes.
Nicely set back from the street the stucco finish home features raised front gardens with a tidy driveway and single garage for secure parking. Out the back there is a large yard and small patio area which presents opportunity for further improvements to be made if you like outdoor entertaining or are a gardening enthusiast.
The interiors show off many character attributes including hardwood timber floors, high ceilings with ornate cornices and original lighting, but also has some modern touches including air conditioning and security screens. A very comfortable layout would provide for a couple or small family with two distinct living spaces. On entry you are welcomed to the cozy lounge room with centerpiece chandelier. This large living area is great for relaxed entertainment and media use.
Central to the home is the spacious dining room which is bright and airy and sits directly opposite the modern kitchen facility. Updated in recent years the kitchen offers a good range of cabinetry for storage and is fitted with quality cooking appliances, large sink and pantry space.
There are two bedrooms positioned at the front of the home and a generous master at the very back with dual cupboards and a delightful private patio with connecting powder room. All bedrooms are a decent size, the second also features built-ins and they share access to the main bathroom. This room is an ideal candidate for renovating, though it presents in good condition ready for immediate use.
A few steps down to the big laundry also give you access to the outdoor patio area and back garden. This area could be reconfigured and with an extension you could easily add on extra living or bedrooms or another bathroom or both! Downstairs hosts the garage with adjoining large storage space or workshop area plus cupboards.
Be quick to explore this opportunity further and make your enquiry to us today.
All information contained here is gathered from sources we consider to be reliable, however we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own research and enquiry.
Listing description written by Morgan Tickner, Ray White Mt Gravatt — reproduced as published, not verified by Districts.