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 › Broadwater Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
647 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 East (last 5 years) with land size have a median of $2,394/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
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 LJ Hooker Property Partners | Sunnybank HillsLucratively positioned within the proposed Mt Gravatt Centre renewal precinct in a pocket that could be lifted to Low-to-medium density residential (LMR) zoning, 50 Broadwater Rd is a potential land development opportunity with exceptional prospects - allowing you to reap a solid rental return off the existing 4-bed home while plans brew away in the background (STCA).
Highlights:
- Substantial 647m2 block inside Mt Gravatt's proposed urban renewal precinct
- Potential for LMR rezoning, allowing for lower-scale apartments, townhouses, houses (STCA)
- Precinct plans aim to transform this popular SE corridor into a vibrant urban village
- Already just a short walk to Mt Gravatt Plaza, city/Westfield buses & Mt Gravatt Markets
- Existing character home, extensively upgraded & easily rentable for a solid return
The vision for Mt Gravatt Centre is to create a vibrant and distinctive urban village - a welcoming place that supports more people to realise their dream of living close to workplaces, shops, transport, services and parks. It would see a revitalised high street and renewed office, shopping and entertainment areas along Logan and Creek Rd's, well-connected shady pathways, new buildings embracing Brisbane's sub-tropical outdoor lifestyle, and new homes close to transport, shops, services and recreation.
Securing this block will put you in the driver's seat of this area's exciting potential transformation. 50 Broadwater Rd is in a pocket within the draft precinct plan that's currently proposed to move from low-density housing to low-to-medium density - which would expand the site's development potential (STCA).
Whatever the future holds, you've scored the keys to a rent or move-in ready house with character and contemporary comforts. This 1950's era home has a swish new kitchen, 2 renovated bathrooms, bill-busting solar panels, and an airy covered timber deck overlooking a grassy yard.
Plus, this location is already incredibly convenient with Mt Gravatt Markets across the road, Mt Gravatt Plaza only a 10-minute walk - and even less than that to reach parks and bus stops to get to Clairvaux MacKillop College, Westfield Mt Gravatt or into town.
See this site through developer's eyes and be bid-ready at auction!
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Desma Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 33 628 090 951 / 21 107 068 020
Listing description written by Erfan Babaie, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.
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