SOLD
Sold on 04 Jun 2024 for $590,000

5/16 Selborne Street
Mount Gravatt East QLD 4122

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 76m2
Land area: 75m2
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Property Details for 5/16 Selborne St, Mount Gravatt East

5/16 Selborne St, Mount Gravatt East is a bedroom, bathroom Unit and was built in 2015. The property has a land size of 75m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other bedroom Unit sold in Mount Gravatt East in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
76m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
5/SP268452

Last Listing description (January 2016)

Inspection by Appointment Only. Construction completed, ready for moving in now!
A boutique development of 24 luxury apartments in one of Brisbane's most prestige suburb, only 10km from CBD. Every apartment is architecturally designed and is built to the highest quality and brings the most enjoyable life to the residents.
Located in an unbeatable convenient location in Mount Gravatt East, within walking distance to major shopping centres, public transports direct to CBD, multiple schools, parklands, hospitals, and Mount Gravatt Outlook.

FIRST HOME BUYER: Queensland Govt s Great Start Grant $15,000+Stamp Duty Exempt
INVESTOR: Great Depreciation and Tax Benefit
OVERSEA BUYER: Buy before December to save $5000 straight away
FEATURES AT A GLANCE:
Blockwork masonry walls with designer features throughout
Lift access to higher levels, BBQ area & Open roof garden
Each 2 bed apartment features 2 Bedrooms 2 Bathroom& 1 Secure Carpark
2 Split System Air Conditioners to Master room & Living area
Delonghi stainless steel appliances: ranghood, wall oven, dish washer& cooktop
Luxury marble stone benchtop
Stainless steel DOUBLE sinks
Soar ceiling (2.7m+) &Polished floor tile
Large balcony/ Fully fenced exclusive courtyard
High rental income, estimated $470-$500 per week
Low Body Corp fee: $55 per week
LOCATION CONVENIENCE:
Walking to public transport direct to CBD, QUT& Griffith University
Short walk to cafe, shops, restaurant, gyms on Logan Rd
Steps from Mount Gravatt Plaza, with everything you could wish for
2 mins drive from Mount Gravatt Homemaker Centre
2 mins drive to Mount Gravatt Primary School
5 mins drive to Griffith University Mount Gravatt Campus
5 mins drive to Westfield Garden City Shopping Mall
8 mins drive to Westfield Carindale Shopping Mall
Close to Mount Gravatt Showgrounds
Easy access to Pacific Motorway& Gateway Motorway

Property History for 5/16 Selborne St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$590,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $590,000
  • 04 Feb 2016
    Sold for $449,500
  • 05 Jan 2016
    Listed for Sale Not Disclosed

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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 5,454 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 76.15% increase in median value, while Units have seen a 81.68% increase. As at 31 July 2024:

  • The median value for Houses in Mount Gravatt East is $1,105,633 while the median value for Units is $699,801.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 36 properties listed for sale, and 19 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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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.