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Sold on 19 Oct 2024 for $990,000

47 Ballarat Street
Mount Gravatt East QLD 4122

Bedrooms: -
Bathrooms: -
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Land area: 486m2
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Property Details for 47 Ballarat St, Mount Gravatt East

Building Type
Land
Land Size
486m2
Local Government
Brisbane
Lot/Plan
105/RP13394

Last Listing description (November 2024)

In a prime position only 17 minutes from the CBD and within the coveted Mansfield State High School catchment, this vacant land parcel presents a marvellous opportunity to build a dream home.

A flat 486sqm block with a 12m frontage, the superb site forms a blank canvas for buyers to construct a phenomenal forever home or builders to start their next project.*


Situated in a developing street with more and more new builds, you can take advantage of the area's growth and create a house and lifestyle surrounded by beautiful residences and amenities.

Featuring Mt Gravatt Plaza just 1km away, Westfield Mt Gravatt 3km and Westfield Carindale 4.7km away this property is in excellent proximity to shopping, supermarkets, cafes, restaurants, gyms, libraries and Event Cinemas. The nearby parks, showgrounds and hiking trails up to Mt Gravatt Lookout offer spectacular recreation space, and there are local sporting clubs to join.

Children are within the Mansfield State High School and Mount Gravatt East State School catchments. Childcare centres and private colleges, including Citipointe, Brisbane Adventist, Clairvaux MacKillop and Loreto, are close at hand, and you are only 8 minutes from Griffith University. Well-serviced by buses and the Pacific and Gateway Motorways, you will enjoy easy commutes to the city, airport and coast.

* Subject to Brisbane City Council approval

Disclaimer:
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.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 47 Ballarat St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$990,000
19 Oct 2024
  • 19 Oct 2024
    Sold for $990,000
  • 10 Oct 2024
    Listed for Sale Offers Over $975,000

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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 5,428 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 69.53% increase in median value, while Units have seen a 77.17% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gravatt East is $1,093,486 while the median value for Units is $714,838.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Mount gravatt east.

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Michael Garcia
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