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QLD › Newmarket › Gracemere St

68 Gracemere St, Newmarket QLD 4051

House

$1,762,000

Last sold

25 Mar 2021

4

Bedrooms

3

Bathrooms

2

Car spaces

726 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,762,000 (25 Mar 2021).(Recorded sale)
  • FactLand 726 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Newmarket (last 5 years) with land size: median $2,958/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,762,000

25 Mar 2021 · derived via latest_sale

Local land rate: recorded House sales in Newmarket (last 5 years) with land size have a median of $2,958/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Newmarket at a glance

5,498

People

$1,830,000

Median sale

$664/wk

Median rent

1.89%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Newmarket report →

Vs Newmarket

-3.7%

Median sale

Suburb $1,830,000

+0.07 pp

Gross yield

Suburb 1.89%

Suburb median $1,830,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$1,762,00025 Mar 2021
  2. Listedprice unknowncompleted2 Mar 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $664/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Newmarket in one glance

Newmarket at a glance

5,498

People

$1,830,000

Median sale

$664/wk

Median rent

1.89%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Newmarket report →

Keep researching

  • Why Newmarket? Read the area thesis →
  • What else is on the market in Newmarket →
  • Other records on Gracemere St →

Listing material

Listed by Aurora Property Brisbane

SOLD by MARIO SULTANA

Just 5kms from the CBD, this magnificent, architecturally designed renovated home offers extremely high-quality living in a gorgeous natural setting.

Classic Queenslander features like VJ walls and hardwood floors have been maintained and improved by Red Dog Architects' exquisite modern refurbishments to mesh with the home's fabulous new contemporary style. A wealth of indoor spaces allows for easily customisable separate living zones to suit your family's needs. Four extremely spacious bedrooms offer wardrobes, ceiling fans and ducted aircon, with the upstairs master suite offering fantastic privacy for mum and dad and magnificent views of the city.

A separate lounge room adjacent to the three bedrooms on the main level provides an excellent quiet relaxation area, complete with a street front balcony offering great city views - perfect for an evening drink! Head up the corridor to the stunning open plan kitchen, living and dining space, where no expense has been spared in creating the ultimate central gathering point for your family. Spaciousness and style mesh perfectly with high quality appliances in the kitchen, while expansive sliding doors open the home out to the rear deck and provide unbeatable opportunities for indoor/outdoor living.

Read the full description

The entertainer's deck has space for all manner of outdoor settings and gazes out directly over the backyard and sparkling in ground pool, ensuring you can enjoy dinner and drinks with family and friends while keeping a close eye on the kids. Gorgeous, landscaped gardens and screens of trees offer both privacy and a vibrant natural setting - you could easily forget that you're living in the city!

The lower level of the home offers a double lockup garage, laundry/storage space and a massive rumpus room that can easily be customised to suit your family. Kids playroom, teenage retreat, high tech media room or work from home space, the choice is yours!

Living in Newmarket provides access to countless local amenities that are sure to boost your living experience. Great cafes, restaurants, bars, cinemas and boutique shops are just a short walk or drive away in Wilston Village or Newmarket Village. Reliable buses and trains can be accessed a few streets away at Newmarket Station, offering easy access into the city. Nearby Banks Street Reserve, Newmarket Pool, Grange Forest Park and Kedron Brook bike paths provide opportunity for weekend activities in the great outdoors, and the home sits in the catchment for sought after schools such as Wilston State School, St Columba's Catholic Primary & Kelvin Grove State College.

This is a once-in-a-lifetime opportunity to create an unbeatable living experience for your family, so don't miss out on your chance to make it a Place to call your own. Call today!

** Disclaimer**

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Listing description written by Mario Sultana, Aurora Property Brisbane — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 1
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.