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QLD › Newmarket › Gracemere St

86 Gracemere St, Newmarket QLD 4051

House

$3,200,000

Last sold

25 Feb 2026

5

Bedrooms

3

Bathrooms

5

Car spaces

862 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 $3,200,000 (25 Feb 2026).(Recorded sale)
  • FactLand 862 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Newmarket (last 5 years) with land size: median $2,954/m² of land (n=50). 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

$3,200,000

25 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Newmarket (last 5 years) with land size have a median of $2,954/m² of land (n=50). 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

+74.9%

Median sale

Suburb $1,830,000

-0.81 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$3,200,00025 Feb 2026
  2. Listedprice unknowncompleted4 Feb 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 $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 Ray White Ascot

Timeless Hilltop Masterpiece

Personal residence of an award-winning architect.

Set atop a generous allotment in an exclusive hilltop enclave, this sophisticated residence is a timeless architectural masterpiece and a private sanctuary in the heart of Newmarket.

Occupying a substantial 875 sqm elevated parcel on a quiet street, this tri-level family home delivers 540 sqm of premium designer living. Thoughtfully designed for both grand entertaining and relaxed family life, the property offers multiple formal and informal living zones, several alfresco retreats, a luxury master suite, recreation room, home office, bar, wine cellar, and accommodation for up to five vehicles.

Read the full description

Property highlights include:

• Elevated 875 sqm allotment in one of Newmarket's most sought-after locations

• 540 sqm of luxurious living under roof

• Stunning architectural design complemented by contemporary fixtures and finishes

• Primary level featuring four interconnected living areas plus a bar

• Multiple alfresco zones enhancing indoor-outdoor flow

• Contemporary kitchen with stone benchtops, quality cabinetry, and premium appliances including oversized freestanding gas cooker

• Luxury master suite with dual walk-in wardrobes, new ensuite, and private balcony

• Lower level comprising spacious rumpus, wine cellar, and bespoke home office

• Four-car garage plus carport and secure storeroom

• Private landscaped gardens, resort-style swimming pool, pavilion, and poolside cabana

• Walkable to cafes, dining, Newmarket train station, and only 5 km from the CBD

A stroll through the tropical front gardens leads to the impressive entryway, where the main living areas branch off from a striking central staircase and a glazed courtyard designed to showcase sculpture. Polished timber floors, premium porcelain tiles, and a clean white palette flood the interior with natural light from the rear decks.

The casual dining room adjoins the contemporary kitchen, opening to a front balcony, while the expansive family room flows seamlessly to the back deck - a tranquil space connecting to the resort-style pool and entertaining pavilion. A separate formal living room with a purpose-built bar and elegant dining area, set against the courtyard backdrop, provides the perfect setting for special occasions.

Upstairs, the master suite is a private retreat, complete with dual walk-in wardrobes, a contemporary ensuite with double vanity, walk-through shower, separate powder room, and a sitting area leading to a private balcony. Three additional bedrooms feature built-in wardrobes and access to a family bathroom with spa bath and separate powder room, with one bedroom offering a private balcony overlooking the backyard.

The backyard is a secluded oasis, surrounded by lush landscaping and tropical plantings, featuring a swimming pool, covered entertaining pavilion, and inviting poolside cabana.

The lower level houses a large rumpus/recreation room opening to the patio and gardens, a purpose-built home office with custom timber cabinetry, a spacious wine cellar, and a four-car garage with a secure workshop, plus a single carport. Thoughtful touches throughout include abundant storage, a laundry with access to a drying deck, and ducted air conditioning.

Conveniently located within walking distance to Newmarket train station, local pools, dog parks, and just minutes from Newmarket Village, Windsor Homezone, Wilston Village, and excellent schools, this home combines privacy, luxury entertaining, and abundant space in a thriving inner-city lifestyle location.

This is a rare opportunity to acquire a timeless architectural masterpiece in a premier Newmarket setting, just 5 km from the CBD.

Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Listing description written by Damon Warat, Ray White Ascot — reproduced as published, not verified by Districts.

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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.