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Sold on 16 Aug 2024 - Price Unavailable

18/29 Raffles Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 18/29 Raffles St, Mount Gravatt East

18/29 Raffles St, Mount Gravatt East is a 2 bedroom, 1 bathroom Other with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Other sold in Mount Gravatt East in the last 12 months.

Building Type
Other

Last Listing description (August 2024)

Make no mistake, this is a once in a lifetime opportunity to secure your first apartment or high yielding investment property. The current owner and developer is out of time and must sell off this prized asset.

In the extremely desirable suburb, Mount Gravatt East which is increasing in value everyday, this prime location cannot get any better. Walking distance to Mount Gravatt Plaza and Mount Gravatt Central with essential amenities including supermarkets, banks, and eateries. For major shopping hubs, just a short drive to Westfield Mt Gravatt and Westfield Carindale and less than 10kms from Brisbane CBD, all easily accessible by public transport.

The building offers a selection of apartments accessible by lift, boasting great views of Mount Gravatt Mountain. A combination of 2 bedroom 2 bathroom and 2 bedroom 1 bathroom. Act fast to secure your apartment at never to be repeated price they will not last!

Property Features include:

Two generously sized bedrooms with built-in robes, providing ample storage space.
An expansive balcony offering breathtaking views, ideal for relaxation or entertaining guests.
Conveniently located minutes from major retail destinations such as Carindale and Garden City Westfield Shopping Centres, offering diverse shopping and dining options.
Just a leisurely 3-minute stroll to Mount Gravatt Plaza.
Seamless connectivity via nearby bus stops, facilitating travel to the Brisbane CBD, universities, hospitals, and schools.
Less than 10kms from the Brisbane CBD, enjoy suburban tranquillity with urban convenience.
Within the catchment areas of Mount Gravatt State School and Mount Gravatt State High School.
All information contained here is gathered from sources we consider to be reliable, however we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own research and enquiry.
Fixed Term Tenancy in place at $510/week until 20/12/2024

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Property History for 18/29 Raffles St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
16 Aug 2024
  • 26 Aug 2024
    Listed for Sale APARTMENT SUPER SALE - BEST VALUE IN BRISBANE
  • 31 Jul 2024
    Sold for $480,000

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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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