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 › Spence St
4
Bedrooms
1
Bathrooms
2
Car spaces
653 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 Place WoolloongabbaA residence of elevation, flexibility and future promise, this post-war home presents an outstanding opportunity within the highly sought-after Mansfield State High School catchment.
Positioned on a fully fenced 653sqm parcel with an impressive 18-metre frontage, the property invites a range of possibilities to suit your lifestyle. Move straight in and enjoy its immediate comfort, lease out for solid returns, renovate to enhance its charm, or capitalise on the block and build a brand-new home basking in the serene suburban views (STCA).
Inside, the character of the house shines through timber floors, sash windows and French doors, and an air-conditioned living and dining area flows into the kitchen featuring stainless steel appliances and practical workspace.
At the front, a breezy verandah captures leafy outlooks and scenic sunsets, offering the perfect place to unwind at the end of the day. To the rear, a spacious deck overlooks the backyard and firepit patio, which set the scene for relaxed evenings, entertaining guests, and enjoying time with children and pets in a secure, private setting.
Four bedrooms, including three with built-in robes and two with air-conditioning, are serviced by a central bathroom with a shower over bath and a separate toilet. Completing the home is an oversized double lock-up garage and undercroft storage, providing ample room for vehicles, tools and toys.
Additional property highlights:
- Security screens and ceiling fans throughout
- Outdoor blinds on the front verandah
- 3x split system air-conditioners
- Induction cooktop and stainless steel rangehood
- DeLonghi oven and Westinghouse dishwasher
- Rainwater tank
Offering ease for families, this location features everything on your doorstep. Within the coveted Mansfield State High School catchment, 1km from Mount Gravatt East State School, and 1.4km from Brisbane Adventist College, children are close to the area's best schools.
With the local cafe, park and Mt Gravatt Showgrounds a short stroll away, and Mt Gravatt Plaza 800m from your door, you can delight in shopping, dining and playtime with kids, and drive only 6 minutes to Westfield Mt Gravatt. Boasting excellent access to bus stops and the motorway, and the CBD just 15 minutes away, you are moments from it all.
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 Savva Koulouris, Place Woolloongabba — reproduced as published, not verified by Districts.