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Sold on 02 Aug 2024 for $672,500

21/56 Rise Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 21/56 Rise St, Mount Gravatt East

21/56 Rise St, Mount Gravatt East is a 2 bedroom, 2 bathroom Townhouse 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 Townhouse sold in Mount Gravatt East in the last 12 months.

Building Type
Townhouse

Last Listing description (August 2024)

Located within a private gated complex in the heart of Mount Gravatt East, this 2-storey townhome combines leafy outlooks and an abundance of natural light throughout. Offering both a secure investment opportunity and a comfortable living option. With a reliable tenant already in place, this property appeals to investors and home buyers alike.

The entry level presents flexible living with separated lounge and dining areas and air-conditioning. The adjoining kitchen features ample storage and bench space, stainless steel appliances and a modern colour scheme.

Step onto the private deck that seamlessly extends from the living area, with stairs leading down to the rear courtyard. Whether entertaining guests or unwinding alone, this space promises relaxation amidst captivating scenery.

On the upper level, you'll find two spacious bedrooms, each with sliding doors that open out to the shared balcony, providing an ideal spot to soak up cool breezes and sunshine all year round. The master bedroom is complete with an ensuite and walk-through robe, while the main bathroom offers a shower over the bath and is accessible from both the hallway and the second bedroom.

Property Features:
- Private gated complex with pool, spa and BBQ facilities.
- Well-equipped kitchen with ample storage, and stainless steel appliances.
- Separate lounge and dining areas, complemented by air-conditioning.
- Multiple balconies providing cool breezes and leafy outlooks.
- Two generously sized bedrooms with direct bathroom access.
- Secure lock up garage.
- Affordable Body Corporate Fees.
- Current tenant in place, offering immediate rental return and investment security.
- Sizable dry storage area beneath the stairwell.
- Visitor parking available.

Perfectly positioned in a quiet street off Logan Road, this townhome boasts a central location offering easy access to cafes, shops, and restaurants. Nearby bus stops, local schools, and parks further enhance its convenience. With the CBD just a 20-minute drive away, this residence promises a blend of tranquillity and urban accessibility.

Property History for 21/56 Rise St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$672,500
02 Aug 2024
  • 23 Jul 2024
    Sold for $672,500
  • 11 Jul 2024
    Listed for Sale Offers Over $649,000
  • 10 Jan 2020
    Listed for Sale SOLD - 330,000 - 19/08/2015
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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.

Suburb Insights for Mount Gravatt East 4122

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Piers Crawford
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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.