FOR SALE
For Sale By Negotiation

1128 Cavendish Road
Mount Gravatt East QLD 4122

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6988m2
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Townhouse Site With D/A & B/A

What an opportunity to secure this prime elevated site that's been cleared and ready to build, in a highly sought-after pocket of Mount Gravatt East. A hidden gem in Brisbane South where the median price has increased by almost 40% in the past 2 years, this is one not to be missed.
- 6988m2 elevated land with bushland setting
- Stage 1 (4000m2) - Approval comprises 18 spacious 3 brm townhomes
- Stage 2 - TBA
- Located beside TAFE Mount Gravatt
- Located only 5mins from 2 major Westfield Shopping Centres (Carindale & Garden City
- Catchment area for Cavendish Rd High School
- Strong owner-occupier & downsizer market
- Zoned EC Emerging Community
Mount Gravatt East is a city fringe suburb only 9kms from the CDB with proven capital growth. The area is made up of predominantly residential properties, with a rising number of units and townhouses being developed to cater to the demand for 1st home buyers and downsizers. It's a popular central business district with a number of recognized Major Retailers and boasts some of the best Cafes, Restaurants, and Griffith University Campus. It's well serviced by public transport and provides easy access to the CBD and Gold Coast via the M1.
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Property Details for 1128 Cavendish Rd, Mount Gravatt East

Building Type
Land
Land Size
6988m2

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About Mount Gravatt East 4122

The size of Mount Gravatt East is approximately 4.6 square kilometres. It has 14 parks covering nearly 5.9% of total area. The population of Mount Gravatt East in 2011 was 10,891 people. By 2016 the population was 11,845 showing a population growth of 8.8% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation. In 2011, 61.3% of the homes in Mount Gravatt East were owner-occupied compared with 60.3% in 2016.

Mount Gravatt East has 5,456 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 74.40% increase in median value, while Units have seen a 68.19% increase. As at 30 November 2024:

  • The median value for Houses in Mount Gravatt East is $1,135,912 while the median value for Units is $703,844.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Mount gravatt east.

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