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QLD › Upper Mount Gravatt › Mascar St

801/40 Mascar St, Upper Mount Gravatt QLD 4122

For saleUnit

For sale

For sale

2

Bedrooms

2

Bathrooms

1

Car spaces

97 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 3 Aug 2026)
  • FactLand 97 m²; no building size recorded.(Property record)

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

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.

See the full Upper Mount Gravatt report →

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. Listedprice unknownavailable3 Aug 2026

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 $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.

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

Upper Mount Gravatt in one glance

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.

See the full Upper Mount Gravatt report →

Keep researching

  • Why Upper Mount Gravatt? Read the area thesis →
  • What else is on the market in Upper Mount Gravatt →
  • Other records on Mascar St →

Listing material

Listed by Torres Property

Top-Floor Unit With Incredible Views

Perched on the top floor of incredibly located Spring Apartments, unit 801 feels noticeably removed from the average unit in Upper Mount Gravatt. There is less passing foot traffic, greater privacy with only 3 neighbours instead of 6 for the lower floors and an outlook that immediately shifts the mood. From south to west, approximately 140 degrees of suburban landscape stretches toward the horizon, bringing changing skies, cooling breezes and sunsets that deserve more than a passing glance, they offer a daily spectacle.

Inside, the entry creates a welcome sense of separation between rest and relaxation. Both bedrooms sit to the right, positioned away from the main living zones rather than opening directly into them. It is a small design decision that makes everyday life work better, particularly for housemates, students, visiting guests or anyone keeping different hours.

The main bedroom includes its own ensuite, while the second bedroom is serviced by the central bathroom. A European-style laundry is neatly concealed within dedicated cabinetry, keeping the practical side of apartment living close at hand without allowing it to dominate the interior.

Read the full description

Continue through the home and the floor plan begins to open. An additional area near the entry can be shaped around the way you live. Use it as a second living room, study or even business room, leaving the main open plan living room free to remain exactly that.

The galley kitchen sits at the centre of it all. White cabinetry, stainless steel appliances and an understated neutral palette create a clean, uncomplicated backdrop, while the sink is positioned within the island-style side bench to keep preparation connected to the room around it. Nothing here demands attention or upkeep. Instead, the finishes offer an opportunity for all that natural elevated light to shine brighter.

The View Is Only the Beginning.

Beyond the kitchen, the main living space is drawn naturally toward oversized sliding doors and the balcony beyond. Open them wide and the apartment takes on an entirely different character. Fresh air moves through; the skyline becomes part of the room and evening drinks come with a front-row seat to the sunset.

The sense of space continues upstairs. Completed in 2016, the building includes an impressive communal rooftop terrace of approximately 150 square metres, with this apartment enjoying direct access. It is a rare extension of the home and an ideal setting for outdoor dining, relaxed gatherings or simply finding a quieter corner above the energy of the suburb.

For owner-occupiers, it is the epitome of lock-up-and-leave living. For investors, it is an uncomplicated, set-and-forget proposition in a location with enduring rental appeal. Griffith University's Nathan campus, Westfield Mt Gravatt and QEII Jubilee Hospital are all within easy reach, placing students, university staff, healthcare workers and professionals close to the places they need most.

Upper Mount Gravatt has long been one of Brisbane's most connected southern hubs. Shopping, dining, employment, education and transport converge within the surrounding precinct, while the Brisbane CBD sits approximately 12 kilometres away. Everything is close. Very little requires planning. And once home, life feels comfortably above it all.

Highlights

• Excellent access to the Southeast Busway and express CBD services

• Convenient connections to the Pacific and Gateway motorways

• Close to Toohey Forest, Mount Gravatt Outlook Reserve and local walking trails

• Surrounded by established schools, childcare and tertiary education options

• A growing dining and commercial precinct centred around Logan Road

For those seeking privacy, outlook and genuine ease, this is apartment living with its priorities firmly in the right place.

Listing description written by Rob Senic, Torres Property — reproduced as published, not verified by Districts.

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.