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 › Pickworth St
3
Bedrooms
2
Bathrooms
2
Car spaces
610 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 GravattWith the highly anticipated Brisbane 2032 Olympics fast approaching, securing prime commercial and residential investment opportunities in sought-after locations like this is becoming increasingly difficult. This outstanding property is strategically positioned a short walk to Westfield Garden City, just 600 meters from the upcoming Tryon Plaza, and a little over 1 kilometre from Nissan Arena and QSAC Stadium-a venue poised to play a crucial role in the Olympic Games. Offering an exceptional rental return and remarkable growth potential, this is an investment opportunity you don't want to miss.
Dual Living- High Rental Yield
This high-set, dual-living residence is designed for maximum flexibility, featuring:
• Separate entry points for each level
• Downstairs: 2 rooms, 1 study, 1 bathroom, fully equipped kitchen, spacious living area, and an outdoor alfresco space
• Upstairs: 3 generously sized bedrooms, 1 bathroom, and a large open-plan kitchen and living area with a private balcony
The 610m² block sits within the coveted Medium Density zoning area, adjacent to Garden City. This means future development opportunities are highly attractive, making it an ideal choice for investors seeking both short-term rental income and long-term capital growth. This site has an expired DA which involved a 5 level unit block across 65 Pickworth Street and its neighbouring property.
The property's location is truly second to none, offering 2-3 minute walking access to:
• Westfield Garden City - A premier shopping, dining, and entertainment destination
• The Garden City Transport Hub - Providing seamless connectivity to the city and beyond
• Local cafés, restaurants, and lifestyle amenities - Right at your doorstep
• Major educational institutions and employment hubs - A location that ensures consistent demand
Currently leased at an impressive $1,040 per week, this property delivers a strong and stable rental income. The combination of its strategic location, high demand, and future development potential makes this an opportunity that savvy investors will recognize immediately.
With demand for properties in high-growth Olympic precincts soaring, this dual-living home won't stay on the market for long. Whether you're looking to invest, develop, or landbank, this property offers unbeatable value in one of Brisbane's most promising locations.
Summary of Features:
• Medium density zoning
• Currently rented to long term tenants at $1040/week
• 610m2 block on a quiet street
• One tidy rentable home with a very high rental return
• 500m to Upper Mount Gravatt State School catchment
• 640m to MacGregor State High School Catchment
• 300m to Westfield Garden City
• 600m to Tryon Plaza
• 1km 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
*Nissan arena & QSAC athletics are predicted key venues for the 2032 olympics although not confirmed
^Subject to reserve price
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.