OFF MARKET

20/12 Archer Street
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 118m2
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Property Details for 20/12 Archer St, Upper Mount Gravatt

20/12 Archer St, Upper Mount Gravatt is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 118m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2007
Floor Size
93m2
Land Size
118m2
Local Government
Brisbane
Lot/Plan
20/SP196135

Last Listing description (April 2017)

Positioned up on the 3rd floor of Flame Trees Apartments this unit is less than 8 years old and enjoys a very generous and wide open plan living space with beautiful tropical garden, fully fenced and security entry, salt water swimming pool, BBQ, sauna and friendly manager.
Just 8 kms from the CBD, the location also provides easy access to Griffith University, Gateway & M1 motorways. Night Owl, Pizza Hut, Subway & Bottle Shop are also at your door step. That is the reason why the whole building enjoys extremely low vacancy rates for investors.
FEATURES

3 Bedrooms + 2 Bathroom + 2 Garage Spaces + 1 storage room
2 Secured car park spaces
Brand new carpet to the whole unit
Air Conditioning to all bedrooms & Living area
Stainless steel appliances: range hood, oven, dish washer & cooktop
Washing machine and dryer
Security/Fly screens to all windows and sliding doors
Blinds to all windows and sliding doors
High rental return, rent $500 per week
For Investor
Great Tax Depreciation Benefits
High rental return, rent $500 per week
Strong future capital growth, high demand area
Perfect location easy to rent: many public & private facilities nearby
For Home Owner
Low Body Corporate fees
Convenient location

Property History for 20/12 Archer St, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$392,000
28 Aug 2020
Listed for Rent
$540/w
06 Jan 2017
  • 28 Aug 2020
    Sold for $392,000
  • 30 Dec 2016
    Listed for Rent - Price not available
  • 26 Oct 2016
    Listed for Sale $435,000
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,463 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 78.95% increase in median value, while Units have seen a 69.46% increase. As at 31 July 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,082,212 while the median value for Units is $619,520.
  • Houses have a median rent of $610 while Units have a median rent of $620.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 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.