OFF MARKET

97 Margate Street
Mount Gravatt East QLD 4122

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 299m2
Land area: 647m2
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Property Details for 97 Margate St, Mount Gravatt East

97 Margate St, Mount Gravatt East is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 647m2 and floor size of 299m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2024
Floor Size
299m2
Land Size
647m2
Local Government
Brisbane
Lot/Plan
436/RP83332

Last Listing description (June 2023)

Nestled in a quiet street in one of Mt Gravatt East's most desirable locations, is this charming home on a sprawling 647m2 allotment. This three-bedroom, one-bathroom home offers great potential that is no doubt very hard to come by. With an abundance of natural light, plenty of outdoor space and considerable scope for future development/renovation, this property has everything that you could be searching for.

Upon arrival, the outdoor stairs lead directly up to the main indoor living, dining and kitchen spaces all that seamlessly accompany one another. The kitchen comprises updated appliances and bench tops, as well as a generous amount of bench space and storage within the cabinetry.

The kitchen spills out to the spacious outdoor undercover patio creating a seamless flow between indoor and outdoor living. This gorgeous outdoor area provides the ideal space to relax, unwind and entertain guests with leafy surrounds offering privacy from the neighbours. Furthermore, it provides a huge open space that ensures unrivalled entertaining all year-round. The 647m2 allotment ensures that grass space is not at all scarce, with plenty of room for the kids and pets.

The residence comprises of three bedrooms, all of which utilise space and the master bedroom including a built-in wardrobe. The three bedrooms are serviced by the adjoining bathroom. Completing the home is a laundry with additional storage and direct outdoor access.

Additional features of the home include:
- Garden shed
- Fully fenced perimeter
- Driveway & undercover carport parking
- Storage space underneath with carport access

Situated within one of Mount Gravatt East's most desirable locations and overlooking stunning bushland, this impressive residence is of close proximity to well-regarded schools, parks and shopping precincts offering all of life's amenities just a stone's throw away. Homes located in such a highly desirable position are extremely sought after, but only very rarely found. The owners change in circumstances ensure this is one of the best real estate opportunities available in the suburb!

Property History for 97 Margate St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$880,000
05 Apr 2023
  • 05 Apr 2023
    Sold for $880,000
  • 20 Mar 2023
    Listed for Sale FOR SALE
  • 01 May 1998
    Sold for $113,000
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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 5,454 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 72.91% increase in median value, while Units have seen a 76.70% increase. As at 31 August 2024:

  • The median value for Houses in Mount Gravatt East is $1,088,244 while the median value for Units is $700,068.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 48 properties listed for sale, and 19 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 247 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.