FOR SALE
$1,100,000

52 Allen Road
Gracemere QLD 4702

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11ha
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FUTURE INVESTMENT GRACEMERE

52 ALLEN ROAD IS 10.65 HECTARES OR 26.3 ACRES SITUATED ON THE OUTSKIRTS OF GRACEMERE.
IT IS ZONED EMERGING COMMUNITY, SO HAS SUB DIVISION POTENTIAL (SUBJECT TO COUNCIL APPROVAL) AS IT IS NEXT DOOR TO MAJOR HOUSING DEVELOPMENT.
IT HAS BEEN PREVIOUSLY USED AS A GRAVEL PIT SO IT WILL NEED SOME EARTHWORKS TO UTILISE THE WHOLE AREA.
IT HAS A LARGE LOCK UP MACHINERY SHED AND A PRIME LOCATION FOR A HOME.
52 ALLEN ROAD HAS HUGE POTENTIAL FOR CAPTIAL GAIN.

Property Details for 52 Allen Rd, Gracemere

Building Type
Land
Land Size
11ha

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About Gracemere 4702

The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.

Gracemere has 5,058 properties. Over the last 5 years, Houses in Gracemere have seen a 104.85% increase in median value, while Units have seen a 19.71% increase. As at 30 November 2024:

  • The median value for Houses in Gracemere is $557,536 while the median value for Units is $340,891.
  • Houses have a median rent of $490 while Units have a median rent of $440.
There are currently 52 properties listed for sale, and 13 properties listed for rent in Gracemere on OnTheHouse. According to CoreLogic's data, 384 properties were sold in the past 12 months in Gracemere.

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Colin Goodwin
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Ray White Rural Gracemere
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