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 › Hoff St
$1,280,000
Last sold
26 June 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
810 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
$1,280,000
26 June 2021 · derived via latest_sale
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.
Vs Mount Gravatt East
-18.9%
Median sale
Suburb $1,578,500
+0.52 pp
Gross yield
Suburb 2.24%
Suburb median $1,578,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Harcourts Property CentreSitting proud on an elevated 810m2 corner block, this spacious post war home offers substance, space and style for a contemporary family lifestyle.
A rare opportunity, the home is set on a double block consisting of two titles (405m2 each) at the corner of Hoff Street and Drury Lane where DA approval is already in place for those looking to develop and build on each block. The blocks can even be re-aligned for either horizontal or vertical orientation.
The house itself is immaculately presented, full of character and charm and is perfect for spacious family living. The upper level features the main living area and kitchen flowing out to the large undercover deck for alfresco dining and outdoor entertaining whilst enjoying sweeping views and overlooking the sparkling pool below. Create your favourite dishes in the well-appointed kitchen complete with Miele appliances.
The master bedroom is an ideal retreat boasting lots of cupboard space, ensuite with double shower heads and direct access to the deck. For that extra living space, downstairs offers a substantial rumpus room. Kids and pets will love the vast grassy yard where they can play and stretch their legs.
This address puts you close to great schools, multiple local shopping precincts as well as major shopping centres, parks, sporting facilities and various lifestyle amenities. Public transport options are nearby, and you have easy access to the Gateway Motorway with the CBD approximately 12km from your doorstep.
Main features include:
• Three spacious bedrooms, each with built-ins and ceiling fans, master with ensuite
• Main bathroom with bathtub plus a powder room on the lower level
• Miele kitchen appliances
• Large entertaining deck with fantastic views to the northeast
• Large rumpus room or home office
• Double car lock-up garage with workshop space
• Multiple storage options throughout
• Fully air-conditioned
• Polished timber floorboards
• 6.6kw solar system
• Solar hot water
• In-ground saltwater pool
• Landscaped gardens
Our sellers are positioned for an immediate sale and are open to offers prior to auction. Be first to secure today or risk having missed out on a fantastic opportunity to purchase in sought after Mount Gravatt East. Contact Mike Jones on 0419 555 033 for more information.
** BBC Rates $2,832 pa
Listing description written by Mike Jones, Harcourts Property Centre — reproduced as published, not verified by Districts.