Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Upper Mount Gravatt › Norton St

U704, 10-16 Norton St, Upper Mount Gravatt QLD 4122

For saleHouse

$790,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

88 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $790,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $790,000(Listing record · 10 Aug 2026)
  • FactLand 88 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Upper Mount Gravatt (last 5 years) with land size: median $2,196/m² of land (n=27). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 44% below the Upper Mount Gravatt median recorded sale ($1,400,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Upper Mount Gravatt's advertised median rent ($713/wk), implied gross yield would be 4.69% — this is not a rent for this listing.(Districts scenario calculation)

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

$790,000

Asking · $8,977/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Upper Mount Gravatt (last 5 years) with land size have a median of $2,196/m² of land (n=27). Districts calculation from recorded sales — not a valuation.

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 →

Vs Upper Mount Gravatt

-43.6%

Median sale

Suburb $1,400,000

+2.04 pp

Gross yield

Suburb 2.65%

Suburb median $1,400,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$790,000
Stamp Duty (Queensland)
$28,575
Transfer/Registration Fee
$3,088
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$825,363

$35,363 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Upper Mount Gravatt's advertised median rent — not a rent for this listing.

Net yield
3.19%
Annual cashflow (pre-tax)
$-15,854
Interest cover (DSCR)
0.61
Annual rent
$37,076
Operating expenses
$11,850
Loan amount
$632,000
Annual interest
$41,080
Gross yield
4.69%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$790,000available10 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

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Norton St →

Listing material

Listed by RE/MAX Select Mackay

Modern Two-Bedroom Apartment with Breathtaking Views

Perfectly positioned in the heart of Upper Mount Gravatt, this stylish high-rise apartment offers the ideal blend of contemporary design and sweeping panoramic views - a fantastic opportunity for owner-occupiers, investors, or those seeking a low-maintenance lifestyle in a prime location.

Step inside to a bright, open-plan living space bathed in natural light. The sleek kitchen is a chef's delight, featuring a stone-topped island bench, stainless steel gas cooktop and oven, dishwasher, and a generous stainless steel fridge space, all complemented by crisp white cabinetry and elegant pendant lighting. The dining and living areas flow effortlessly together, with expansive floor-to-ceiling sliding glass doors opening onto your own private balcony - the perfect spot to soak in uninterrupted views over Upper Mount Gravatt and the distant city skyline.

The spacious master bedroom enjoys the luxury of its own ensuite bathroom, plush carpet, and the same enviable outlook through large picture windows. The second bedroom includes a mirrored built-in sliding wardrobe and is conveniently located near the main bathroom, which showcases a sleek, modern design with a glass shower, stone-top vanity, and a large mirror that enhances light and space.

Read the full description

Residents enjoy access to fantastic complex amenities, including a sparkling outdoor swimming pool and a shared BBQ and entertaining area - ideal for relaxing or socialising. The apartment also comes with one secure car space.

Property Highlights:

- Two generous bedrooms, master with ensuite and built-in wardrobe

- Two modern bathrooms with stone benchtops and quality fittings

- Open-plan kitchen with stone island bench, gas cooktop, oven, dishwasher and stainless-steel fridge space

- Seamless living, dining and kitchen flow with abundant natural light

- Private balcony with sweeping 270-degree views across the skyline

- Quality timber-look flooring throughout living areas, plush carpet in bedrooms

- Ceiling fans for year-round comfort

- One secure car space

- Resort-style complex facilities: outdoor swimming pool and BBQ/entertaining area

- Walking distance to Westfield Garden City, public transport, schools and parklands

Whether you're a professional seeking a convenient lifestyle or an investor after strong rental appeal, this apartment ticks every box.

Don't miss this opportunity - contact us today to arrange your inspection. Ryan Shen - 0403 794 074

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Listing description written by Leanne Druery, RE/MAX Select Mackay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Secure Parking

Also look at

Also for sale in Upper Mount Gravatt

  • 1-5 Player St, Upper Mount Gravatt QLD 4122

    4-bed townhouse. Currently listed.

    For sale
  • 116 Wemvern St, Upper Mount Gravatt QLD 4122

    0-bed land. Currently listed.

    For sale
  • 108 Archer St, Upper Mount Gravatt QLD 4122

    5-bed house. Currently listed.

    For sale
  • 43 Granby St, Upper Mount Gravatt QLD 4122

    5-bed house for sale. Currently listed.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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