OFF MARKET

121 Grovely Terrace
Mitchelton QLD 4053

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 809m2
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Property Details for 121 Grovely Tce, Mitchelton

121 Grovely Tce, Mitchelton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 809m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1940
Floor Size
184m2
Land Size
809m2
Local Government
Brisbane
Lot/Plan
147/SL3501

Last Listing description (September 2016)

Creative buyers will immediately recognise the excellent value that accompanies this outstanding opportunity in a leafy residential avenue. Set on a large 809sqm landholding in an elevated setting that captures district views, this classic Queenslander is presented in excellent order yet holds stunning potential to further capitalise by subdividing the land, sliding the house across and developing the newly vacated site. It sits quietly in a sought-after position that is moments from schools, trains and all lifestyle amenities.
- Tastefully refreshed with some smart modern updates
- Open living and dining spaces with good air crossflow

- Large front and side decks offer great entertaining spaces
- Established rear gardens include a secure level lawn
- Modernised kitchen fitted with gas appliances
- Large shed/double garage, storage plus workshop
Here is a prospect where a subdivision, rebuild or development could add tremendous value in this highly popular location that is close to Brookside shopping centre, local shops, restaurants and parks.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 121 Grovely Tce, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$745,000
04 Jun 2016
  • 04 Jun 2016
    Sold for $745,000
  • 11 May 2016
    Listed for Sale By Negotiation
  • 25 Nov 2008
    Sold for $650,000
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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016.

Mitchelton has 3,955 properties. Over the last 5 years, Houses in Mitchelton have seen a 82.14% increase in median value, while Units have seen a 69.87% increase. As at 31 October 2024:

  • The median value for Houses in Mitchelton is $1,204,621 while the median value for Units is $687,464.
  • Houses have a median rent of $643 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Mitchelton.

Suburb Insights for Mitchelton 4053

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.