SOLD
Sold on 20 Feb 2024 for $637,500

11/8 Springwood Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 116m2
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Property Details for 11/8 Springwood St, Mount Gravatt East

11/8 Springwood St, Mount Gravatt East is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 116m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mount Gravatt East in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
94m2
Land Size
116m2
Local Government
Brisbane
Lot/Plan
11/SP273505

Last Listing description (March 2024)

Located in a prime position Springwood Street offers absolute value for money. With the very best of Brisbane at your finger tips, this oversized and sleek apartment is the one you have been searching for!

You will love all of this modern apartments features, including-
* HUGE entertainers balcony the perfect spot to relax or entertain!

* Open plan, tiled living with air conditioning and abundance of natural light
* Modern kitchen with stainless steel appliances including dishwasher, plenty storage and pantry space
* Main bedroom opening onto the balcony, with ensuite, built in wardrobes split system air conditioning
* Second well-sized bedroom with built in wardrobe & split system air conditioning
* Main bathroom with shower and separate bathtub
* Internal laundry space with dryer Included
* 2 car accommodation! In a secure gated communal garage

The Numbers..
Currently rented for $505pw until 14/5/24
Current rent appraisal of $580 - $600pw
Quarterly Council rates $480
Quarterly Body Corps (Sink, admin & insurance) $1,150

This apartment is located perfectly to take full advantage of all the surrounding amenities. We look forward to showing you through at our next inspection and assisting yourself in purchasing this wonderful property!

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Property History for 11/8 Springwood St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$637,500
20 Feb 2024
Listed for Rent
$480/w
12 Jul 2022
  • 20 Feb 2024
    Sold for $637,500
  • 13 Feb 2024
    Listed for Sale Under Contract!
  • 08 Apr 2022
    Listed for Rent $480 / week
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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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