OFF MARKET

33 Bank Road
Graceville QLD 4075

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 405m2
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Last updated 11 Nov 2024
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Property Details for 33 Bank Rd, Graceville

33 Bank Rd, Graceville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 405m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Floor Size
110m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
80/RP29404

Last Listing description (November 2023)

Attention all property developers, investors and first home buyers. This conveniently located character home offers uncapped potential.

Well positioned on a flood free 405m2, this lovely home needs a lot of love and attention and is ready to be transformed with total renovation.

Just 9 km from Brisbane CBD, 33 Bank Road is well located in a family friendly precinct supported by a strong community and surrounded by all the services required for modern living. Only 2 minutes' walk, the Graceville Train Station offers fast regular services for city and airport commuters looking to minimise travel time. Local schools and buses are also within walking distance as is the Graceville shopping hub, picture theatre and restaurants.

Property features Include:
Renovation opportunity
Tree lined street
Timber floors under carpet
High Ceilings
Two bedrooms and sleep out
Fully fenced yard
Graceville village precinct on the door step
Sherwood State School and Corinda High School catchments
Sports clubs and fields are nearby
Rates are $622.20 per quarter

Not only is there scope to make your own changes and profit from any improvements to this home, astute buyers could just add this one to their property portfolio. It represents a great opportunity and should not be missed.

Call Russell Gregory or Carolyn Dodgson on 0418 740 449 to organize your inspection.

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Property History for 33 Bank Rd, Graceville, QLD 4075

A timeline of how this property has performed in the market
Last Sold
$1,370,000
22 Aug 2023
  • 22 Aug 2023
    Sold for $1,370,000
  • 14 Aug 2023
    Listed for Sale UNDER CONTRACT
  • 22 May 1986
    Sold for $80,000

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About Graceville 4075

The size of Graceville is approximately 2.1 square kilometres. It has 8 parks covering nearly 17.7% of total area. The population of Graceville in 2011 was 4,213 people. By 2016 the population was 4,637 showing a population growth of 10.1% in the area during that time. The predominant age group in Graceville is 40-49 years. Households in Graceville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Graceville work in a professional occupation. In 2011, 75.1% of the homes in Graceville were owner-occupied compared with 74.4% in 2016.

Graceville has 1,892 properties. Over the last 5 years, Houses in Graceville have seen a 62.82% increase in median value, while Units have seen a 67.10% increase. As at 31 October 2024:

  • The median value for Houses in Graceville is $1,476,753 while the median value for Units is $708,176.
  • Houses have a median rent of $850 while Units have a median rent of $535.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Graceville on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Graceville.

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