5/38 Rise St, Mount Gravatt East is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 113m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Be quick to see this exceptional apartment situated in a small boutique complex of only 7, high on the hill with views forever, an abundance of outdoor space, and in the high growth suburb of Mount Gravatt East.
The property comes with many great features including:
- Spacious open plan tiled living area with air conditioning
The low-rise complex is about to be fully repainted, has an active body corporate committee with reasonable fees, great security and visitor parking, and comes with a sparkling inground pool/entertaining area.
The property is conveniently located less than 100m from the main shopping precinct and includes many large retail shops including Bunnings, JB Hifi, Spotlight, Snap Fitness and Goodlife gyms. Its a short drive to both Carindale and Garden City Westfields, and the M3 north and south. Also, its walking distance to bus, parks, and Griffith Uni Mt Gravatt campus.
The apartment is perfect for a first home buyer or a safe investment with proven returns. It has all the extras, spoil yourself, be quick!
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:
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